Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h +0.006%
Price spread now: Binance against BloFin−0.103%71s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.103% cheaper against BloFin than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 71 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 ORDER-USDT | 0.04021 | 0.0105 | pay 0.0105% / 8h | 2h 40m | $64K | $7K | 16x |
| Short | Binance ORDERUSDT | 0.04017 | 0.0100 | get 0.0050% / 4h | 2h 40m | $1.4M | $1.9M | 50x |
BloFin ORDER-USDT
Binance ORDERUSDTFunding 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
- −$1.05
- Price spread: −0.103% → 0.000%
- −$10.29
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.33
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 9 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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 4.94 bp | 43.7 bp −$44 | 242.1 bp −$2,421 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDTshort | +0.0100% | 4h | 0.04017 | −0.103% | $1.4M | $1.9M | 50x | |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04005 | −0.398% | $1.3M | $752K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04007 | −0.348% | $168K | $284K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04015 | −0.149% | $76K | $37K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04018 | −0.075% | $271K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04024 | +0.075% | $222K | $81K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04010 | −0.274% | $478K | $256K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04011 | −0.249% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04012 | −0.228% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDTlong | +0.0105% | 8h | 0.04021 | long leg | $64K | $7K | 16x |
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0500% | 4h | 0.04017 | −0.099% | $188K | $157K | 10x | as long as short |
Orderly PERP_ORDER_USDC