Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.071%
Price spread now: Binance against BloFin−0.185%81s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days−0.498%−$50 on $10k
+Price spread, last 4 days (all we have)−0.881%−$88 · spread now −0.185%, 7d avg −0.050%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.135% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.050%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MARSCOIN-USDT | 0.1005 | 0.0340 | pay 0.0170% / 4h | 3h 53m | $1.1M | $383K | 20x |
| Short | Binance MARSCOINUSDT | 0.1003 | 0.0100 | get 0.0050% / 4h | 3h 53m | $22.0M | $59.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.185% → −0.050%
- −$13.54
- Slippage, 4 orders
- −$58.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$144.83
- Costs to cover
- 0.809%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 3 min ago | 3.50 bp | 21.4 bp −$21 | 61.2 bp −$612 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.00 bp | 19.3 bp −$19 | 79.5 bp −$795 | doesn't fit | doesn't fit |
MARSCOIN on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MARSCOINUSDT | +0.0100% | 4h | 0.1004 | −0.139% | $590K | $933K | 10x | as long as short |
| Binance MARSCOINUSDTshort | +0.0100% | 4h | 0.1003 | −0.185% | $22.0M | $59.9M | 20x | |
| MEXC MARSCOIN_USDT | +0.0100% | 4h | 0.1003 | −0.169% | $2.9M | $1.2M | 20x | as long as short |
| Bitget MARSCOINUSDT | +0.0100% | 4h | 0.1005 | −0.020% | $2.3M | $6.9M | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0100% | 4h | 0.1003 | −0.169% | — | $1.2M | — | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1004 | −0.060% | — | $779K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1008 | +0.259% | $100K | $702K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1002 | −0.328% | $1.5M | $2.6M | 20x | as long as short |
| Gate MARSCOIN_USDT | +0.0106% | 4h | 0.1002 | −0.299% | $1.7M | $2.3M | 20x | as long as short |
| KuCoin MARSCOINUSDTM | +0.0120% | 4h | 0.1003 | −0.149% | $1.3M | $2.5M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MARSCOINUSDT | +0.0210% | 4h | 0.1004 | −0.139% | $6.9M | $14.2M | 20x | as long as short |
| BloFin MARSCOIN-USDTlong | +0.0340% | 4h | 0.1005 | long leg | $1.1M | $383K | 20x |
BloFin MARSCOIN-USDT
Binance MARSCOINUSDT
Aster MARSCOINUSDT
MEXC MARSCOIN_USDT
Bitget MARSCOINUSDT
BingX MARSCOIN-USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
Gate MARSCOIN_USDT
KuCoin MARSCOINUSDTM
Bybit MARSCOINUSDT