Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03893 | +0.0100 | pay 0.0050% / 4h | 1h 59m | $2.7M | $3.5M | 25x | Long Binance | |
| SHORT | 0.03896 | +0.0145 | get 0.0072% / 4h | 1h 59m | $118K | $7K | 25x | Short BloFin |
Price gap+0.077%110s
Funding gap+0.0045% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.076% above its 7d average: +$8 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0045% /8h now · paid −0.006% over the last 7D
Price—spread +0.077%110s now · prices read too far apart to compare
Costs−$1191.186% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.077%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOPN on 15 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size24.8 / 30.9 bpAt $10k entering BloFin costs 30.9 bp, fee and slippage, 1.2× Binance’s.
- Note: Margin at max leverage$400 + $400Binance 25x, BloFin 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.35Long Binance: 6 payments, −$3.00; short BloFin: 6 payments, +$4.35.
- Watch: Prices read 110 s apart+0.077% vs +0.001%Part of this gap may be the market moving.
- Watch: Short leg is thinner$118K vs $2.7M OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · BloFin LimitedVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0003%/8h × 21 periods−$0.57
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$96.61
Fee Binance bp × 2 orders−$10.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$119.18
price spread not counted: prices read too far apartCosts to cover1.186%Break-evennever at this rate
Slippage: Binance: live order book, 10 min ago; BloFin: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance3.8624.8 bp−$25532.2 bp−$5,322doesn’t fitdoesn’t fit
SELL · SHORTBloFin2.5830.9 bp−$31doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
OPN news
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