Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h −0.025%
Price spread now: Binance against BloFin+0.126%51s7-day average −0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.313%+$31 on $10k
+Price spread, last 4 days (all we have)−0.631%−$63 · spread now +0.126%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.143% dearer against BloFin than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of −0.017%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.313%, so the current rate has only just turned against you. The two prices were read 51 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 O-USDT | 0.5562 | 0.0328 | pay 0.0164% / 4h | 1h 42m | $238K | $6K | 20x |
| Short | Binance OUSDT | 0.5569 | 0.0261 | get 0.0130% / 4h | 1h 42m | $4.7M | $1.9M | 10x |
BloFin O-USDT
Binance OUSDTFunding 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
- −$14.21
- Price spread: +0.126% → −0.017%
- $14.25
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$21.95
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 78 min ago; Binance: live order book, 10 min ago. Net counts fees only.
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, 78 min ago | 0.90 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 8.98 bp | 41.4 bp −$41 | 295.2 bp −$2,952 | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate O_USDT | +0.0100% | 4h | 0.5570 | +0.144% | $1.5M | $509K | 20x | as long as short |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5565 | +0.054% | $1.2M | $733K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5565 | +0.054% | $1.6M | $316K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5578 | +0.279% | $3K | $535 | — | as long as short |
| Aster OUSDT | +0.0253% | 4h | 0.5569 | +0.134% | $19K | $50K | 3x | as long as short |
| Binance OUSDTshort | +0.0261% | 4h | 0.5569 | +0.126% | $4.7M | $1.9M | 10x | |
| BloFin O-USDTlong | +0.0328% | 4h | 0.5562 | long leg | $238K | $6K | 20x | |
| Bybit OUSDT | +0.0353% | 4h | 0.5572 | +0.180% | $707K | $925K | 20x | as long as short |
| OKX O-USDT-SWAP | +0.0362% | 4h | 0.5574 | +0.216% | $1.5M | $1.1M | 10x | as long as short |
| MEXC O_USDT | +0.0366% | 4h | 0.5569 | +0.126% | $961K | $176K | 50x | as long as short |
Gate O_USDT
KuCoin OUSDTM
Bitget OUSDT
Variational Omni O
Aster OUSDT
Bybit OUSDT
OKX O-USDT-SWAP
MEXC O_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.0384% | 4h | 0.5577 | +0.270% | — | $1.6M | — | as long as short |
BingX O-USDT