ONE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0960%/8h= +105.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.244%

Price spread now: Binance against BloFin+0.151%61s7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs+$195as 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−$700.703% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+2.651%+$265 on $10k

Price spread, last 4 days (all we have)+3.051%+$305 · spread now +0.151%, 7d avg +0.074%

Together, before fees+5.702%+$570 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Binance is 0.076% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.074%. 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 ONE-USDT	0.003721	−0.0860	get 0.0107% / 1h	40m 09s	$803K	$1.8M	50x
Short	Binance ONEUSDT	0.003726	0.0100	get 0.0013% / 1h	40m 09s	$13.1M	$301.8M	50x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.151%Rate

Funding earned: $201.6
Price spread: +0.151% → +0.074%: $7.62
Slippage, 4 orders: −$48.28
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $138.94
Costs to cover: 0.703%
Break-even: 2.2 days

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	2.42 bp	24.0 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.40 bp	7.6 bp −$8	80.3 bp −$803	doesn't fit	doesn't fit

ONE on 10 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
OKX ONE-USDT-SWAP	−5.7423%	1h	0.005633	+51.400%	$7.1M	$228.5M	10x	as long as short
BloFin ONE-USDTlong	−0.0860%	1h	0.003721	long leg	$803K	$1.8M	50x
KuCoin ONEUSDTM	−0.0728%	1h	0.003870	+4.015%	$3.6M	$11.2M	30x	as long as short
Bitget ONEUSDT	−0.0032%	1h	0.003762	+1.126%	$1.8M	$27.1M	20x	as long as short
MEXC ONE_USDT	+0.0096%	1h	0.003726	+0.140%	$11.4M	$13.7M	20x	as long as short
Aster ONEUSDT	+0.0100%	1h	0.003722	+0.042%	$2.0M	$4.8M	5x	as long as short
Binance ONEUSDTshort	+0.0100%	1h	0.003726	+0.151%	$13.1M	$301.8M	50x
Gate ONE_USDT	+0.0100%	8h	0.003724	+0.091%	$1.6M	$13.1M	20x	as long as short
Variational Omni ONE	+0.0100%	1h	0.003718	−0.069%	$91K	$30K	—	as long as short
BingX ONE-USDT	+0.0104%	1h	0.003724	+0.086%	—	$5.1M	—	as long as short