Funding you earn now, next payment 12:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against Binance0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1201.199% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now 0.000%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PTBUSDT | 0.0009798 | 0.0131 | pay 0.0066% / 4h | 1h 58m | $6.8M | $75.0M | 20x |
| Short | BloFin PTB-USDT | 0.0009798 | 0.0163 | get 0.0081% / 4h | 1h 58m | $405K | $285K | 20x |
Binance PTBUSDT
BloFin PTB-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
- $6.59
- Price spread: 0.000% → −0.009%
- $0.88
- Slippage, 4 orders
- −$97.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$112.44
- Costs to cover
- 1.199%
- Break-even
- 126.3 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 49 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, 7 min ago | 1.52 bp | 30.3 bp −$30 | 226.8 bp −$2,268 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 49 min ago | 1.02 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
PTB on 10 exchanges
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 PTBUSDT | +0.0100% | 4h | 0.0009800 | +0.020% | $1.4M | $12.2M | 25x | as long as short |
| Gate PTB_USDT | +0.0100% | 4h | 0.0009761 | −0.378% | $1.6M | $3.2M | 25x | as long as short |
| KuCoin PTBUSDTM | +0.0100% | 4h | 0.0009777 | −0.214% | $1.5M | $5.4M | 20x | as long as short |
| BingX PTB-USDT | +0.0100% | 4h | 0.0009792 | −0.061% | — | $1.8M | — | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.0009758 | −0.406% | $23K | $61K | — | as long as short |
| Extended kPTB-USD | +0.0112% | 1h | 0.0009797 | −0.014% | $3K | $16K | 5x | as long as short |
| MEXC PTB_USDT | +0.0112% | 4h | 0.0009795 | −0.031% | $305K | $427K | 20x | as long as short |
| Binance PTBUSDTlong | +0.0131% | 4h | 0.0009798 | long leg | $6.8M | $75.0M | 20x | |
| BloFin PTB-USDTshort | +0.0163% | 4h | 0.0009798 | 0.000% | $405K | $285K | 20x | |
| Aster PTBUSDT | +0.0200% | 4h | 0.0009765 | −0.341% | $57K | $623K | 5x | as long as short |
Bybit PTBUSDT
Gate PTB_USDT
KuCoin PTBUSDTM
BingX PTB-USDT
Variational Omni PTB
Extended kPTB-USD
MEXC PTB_USDT
Aster PTBUSDT