Funding you earn now, next payment 00:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against BloFin+0.959%61s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as 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−$2262.261% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)−1.172%−$117 · spread now +0.959%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 1.010% dearer against BloFin than usual: you sell high and buy low: +$101 more if the spread goes back to its 7-day average of −0.052%. The two prices were read 61 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 NAORIS-USDT | 0.03701 | 0.0461 | pay 0.0231% / 4h | 0m 21s | $280K | $10K | 10x |
| Short | Binance NAORISUSDT | 0.03736 | 0.0498 | get 0.0249% / 4h | 0m 21s | $5.0M | $1.4M | 10x |
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
- $7.72
- Price spread: +0.959% → −0.052%
- $101.04
- Slippage, 4 orders
- −$204.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$117.37
- Costs to cover
- 2.261%
- Break-even
- 113.4 days
Slippage from BloFin: live order book, 6 min ago; Binance: live order book, 7 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, 6 min ago | 5.42 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 5.42 bp | 74.3 bp −$74 | 437.6 bp −$4,376 | doesn't fit | doesn't fit |
NAORIS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03733 | +0.865% | $1.1M | $501K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03735 | +0.919% | $291K | $19K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03723 | +0.594% | $448K | $26K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03741 | +1.081% | $3.4M | $218K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03695 | −0.162% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0244% | 4h | 0.03728 | +0.740% | $5K | $5K | 5x | as long as short |
| BloFin NAORIS-USDTlong | +0.0461% | 4h | 0.03701 | long leg | $280K | $10K | 10x | |
| BingX NAORIS-USDT | +0.0480% | 4h | 0.03740 | +1.054% | — | $1.3M | — | as long as short |
| Extended NAORIS-USD | +0.0496% | 1h | 0.03734 | +0.878% | $4K | $110K | 5x | as long as short |
| MEXC NAORIS_USDT | +0.0498% | 4h | 0.03736 | +0.946% | $4.4M | $217K | 100x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NAORISUSDTshort | +0.0498% | 4h | 0.03736 | +0.959% | $5.0M | $1.4M | 10x |
BloFin NAORIS-USDT
Binance NAORISUSDT
Bybit NAORISUSDT
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
Extended NAORIS-USD
MEXC NAORIS_USDT