Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against BloFin−0.155%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$910.909% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.155%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.152% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PARTI-USDT | 0.02520 | 0.0207 | pay 0.0103% / 4h | 2h 48m | $165K | $25K | 25x |
| Short | Binance PARTIUSDT | 0.02516 | 0.0182 | get 0.0091% / 4h | 2h 48m | $3.4M | $4.2M | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.19
- Price spread: −0.155% → −0.004%
- −$15.18
- Slippage, 4 orders
- −$68.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$111.24
- Costs to cover
- 0.909%
- Break-even
- never at this rate
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 | 3.99 bp | 24.9 bp −$25 | 78.8 bp −$788 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 3.99 bp | 24.6 bp −$25 | 136.1 bp −$1,361 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PARTIUSDT | +0.0100% | 4h | 0.02516 | −0.159% | $1.0M | $554K | 25x | as long as short |
| OKX PARTI-USDT-SWAP | +0.0100% | 4h | 0.02517 | −0.119% | $443K | $771K | 10x | as long as short |
| Gate PARTI_USDT | +0.0100% | 4h | 0.02515 | −0.198% | $177K | $87K | 25x | as long as short |
| KuCoin PARTIUSDTM | +0.0100% | 4h | 0.02516 | −0.159% | $217K | $100K | 25x | as long as short |
| Bitget PARTIUSDT | +0.0100% | 4h | 0.02515 | −0.198% | $634K | $537K | 20x | as long as short |
| Variational Omni PARTI | +0.0100% | 4h | 0.02505 | −0.611% | $7K | $440 | — | as long as short |
| BingX PARTI-USDT | +0.0168% | 4h | 0.02518 | −0.079% | — | $6.6M | — | as long as short |
| Binance PARTIUSDTshort | +0.0182% | 4h | 0.02516 | −0.155% | $3.4M | $4.2M | 25x | |
| Extended PARTI-USD | +0.0184% | 1h | 0.02515 | −0.195% | $2K | $183K | 5x | as long as short |
| MEXC PARTI_USDT | +0.0188% | 4h | 0.02516 | −0.159% | $676K | $214K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PARTI-USDTlong | +0.0207% | 4h | 0.02520 | long leg | $165K | $25K | 25x | |
| Aster PARTIUSDT | +0.0336% | 4h | 0.02521 | +0.026% | $12K | $25K | 5x | as long as short |
BloFin PARTI-USDT
Binance PARTIUSDT
Bybit PARTIUSDT
OKX PARTI-USDT-SWAP
Gate PARTI_USDT
KuCoin PARTIUSDTM
Bitget PARTIUSDT
Variational Omni PARTI
BingX PARTI-USDT
Extended PARTI-USD
MEXC PARTI_USDT
Aster PARTIUSDT