Funding you earn now, next payment 00:00 UTC−0.0045%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Binance−0.107%61s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as 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−$830.835% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.176%+$18 · spread now −0.107%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.109% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.003%). Swap the legs. 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 | Binance PARTIUSDT | 0.02505 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $3.4M | $4.2M | 25x |
| Short | BloFin PARTI-USDT | 0.02502 | 0.0055 | get 0.0027% / 4h | 1h 10m | $163K | $25K | 25x |
Binance PARTIUSDT
BloFin PARTI-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
- −$9.5
- Price spread: −0.107% → +0.003%
- −$10.94
- Slippage, 4 orders
- −$61.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.93
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 64 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, 12 min ago | 3.99 bp | 21.4 bp −$21 | 173.2 bp −$1,732 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 7.99 bp | 17.6 bp −$18 | 57.5 bp −$575 | doesn't fit | doesn't fit |
PARTI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PARTI-USDTshort | +0.0055% | 4h | 0.02502 | −0.107% | $163K | $25K | 25x | |
| Aster PARTIUSDT | +0.0100% | 4h | 0.02507 | +0.089% | $12K | $27K | 5x | as long as short |
| Binance PARTIUSDTlong | +0.0100% | 4h | 0.02505 | long leg | $3.4M | $4.2M | 25x | |
| Bybit PARTIUSDT | +0.0100% | 4h | 0.02502 | −0.107% | $1.0M | $552K | 25x | as long as short |
| OKX PARTI-USDT-SWAP | +0.0100% | 4h | 0.02504 | −0.027% | $442K | $764K | 10x | as long as short |
| Gate PARTI_USDT | +0.0100% | 4h | 0.02503 | −0.067% | $178K | $91K | 25x | as long as short |
| MEXC PARTI_USDT | +0.0100% | 4h | 0.02505 | +0.013% | $659K | $223K | 20x | as long as short |
| KuCoin PARTIUSDTM | +0.0100% | 4h | 0.02507 | +0.093% | $217K | $104K | 25x | as long as short |
| Bitget PARTIUSDT | +0.0100% | 4h | 0.02505 | +0.013% | $643K | $507K | 20x | as long as short |
| BingX PARTI-USDT | +0.0100% | 4h | 0.02502 | −0.107% | — | $6.6M | — | as long as short |
Aster PARTIUSDT
Bybit PARTIUSDT
OKX PARTI-USDT-SWAP
Gate PARTI_USDT
MEXC PARTI_USDT
KuCoin PARTIUSDTM
Bitget PARTIUSDT
BingX PARTI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PARTI | +0.0100% | 4h | 0.02500 | −0.180% | $7K | $440 | — | as long as short |
| Extended PARTI-USD | +0.0104% | 1h | 0.02504 | −0.013% | $4K | $178K | 5x | as long as short |
Variational Omni PARTI
Extended PARTI-USD