Funding you earn now, next payment 22:00 UTC−0.1024%/8h= −112.1% APRnext payment −$1.28 per $10,000 · paid last 24h −0.278%
Price spread now: BloFin against Binance+0.716%91s7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$341as 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−$880.881% of the position
Funding, last 7 days−2.532%−$253 on $10k
+Price spread, last 3 days (all we have)−2.334%−$233 · spread now +0.716%, 7d avg −0.102%
=The price spread pays, funding is against you. BloFin is 0.817% dearer against Binance than usual: you sell high and buy low (spread +0.716% now, against its 7-day average of −0.102%): +$82 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 2.7 days. The two prices were read 91 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 | Binance ONEUSDT | 0.004037 | −0.1135 | get 0.0142% / 1h | 47m 38s | $13.5M | $356.6M | 50x |
| Short | BloFin ONE-USDT | 0.004066 | −0.2158 | pay 0.0270% / 1h | 47m 38s | $788K | $3.2M | 50x |
Binance ONEUSDT
BloFin ONE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$214.97
- Price spread: +0.716% → −0.102%
- $81.74
- Slippage, 4 orders
- −$66.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$221.38
- Costs to cover
- 0.881%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 6 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 Binance live order book, 11 min ago | 1.13 bp | 14.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 7.84 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.4698% | 1h | 0.004071 | +0.844% | $100K | $56K | — | as long as short |
| Bitget ONEUSDT | −0.2480% | 1h | 0.004067 | +0.738% | $1.8M | $37.5M | 20x | as long as short |
| BloFin ONE-USDTshort | −0.2158% | 1h | 0.004066 | +0.716% | $788K | $3.2M | 50x | |
| Aster ONEUSDT | −0.1725% | 1h | 0.004050 | +0.310% | $2.1M | $8.5M | 5x | as long as short |
| Binance ONEUSDTlong | −0.1135% | 1h | 0.004037 | long leg | $13.5M | $356.6M | 50x | |
| MEXC ONE_USDT | −0.1128% | 1h | 0.004043 | +0.149% | $9.8M | $16.6M | 20x | as long as short |
| Gate ONE_USDT | −0.0210% | 8h | 0.004035 | −0.059% | $1.6M | $16.3M | 20x | as long as short |
| BingX ONE-USDT | −0.0112% | 1h | 0.004098 | +1.491% | — | $6.4M | — | as long as short |
| KuCoin ONEUSDTM | +0.1064% | 1h | 0.004239 | +4.993% | $4.8M | $11.8M | 30x | as long as short |
Variational Omni ONE
Bitget ONEUSDT
Aster ONEUSDT
MEXC ONE_USDT
Gate ONE_USDT
BingX ONE-USDT
KuCoin ONEUSDTM