Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Binance+0.027%51s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as 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−$1571.571% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.267%+$27 · spread now +0.027%, 7d avg +0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QUSDT | 0.02578 | 0.0587 | pay 0.0294% / 4h | 28m 16s | $7.1M | $1.3M | 20x |
| Short | BloFin Q-USDT | 0.02579 | 0.0581 | get 0.0291% / 4h | 28m 16s | $386K | $72K | 40x |
Binance QUSDT
BloFin Q-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
- −$1.28
- Price spread: +0.027% → +0.034%
- −$0.77
- Slippage, 4 orders
- −$135.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$159.15
- Costs to cover
- 1.571%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 7 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, 11 min ago | 2.14 bp | 43.5 bp −$44 | 445.1 bp −$4,451 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.39 bp | 38.5 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
Q 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02571 | −0.253% | $1.2M | $289K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02568 | −0.388% | $681K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02569 | −0.346% | $2.3M | $134K | 20x | as long as short |
| BloFin Q-USDTshort | +0.0581% | 4h | 0.02579 | +0.027% | $386K | $72K | 40x | |
| Binance QUSDTlong | +0.0587% | 4h | 0.02578 | long leg | $7.1M | $1.3M | 20x | |
| MEXC Q_USDT | +0.0590% | 4h | 0.02578 | −0.008% | $123K | $88K | 50x | as long as short |
| Extended Q-USD | +0.0592% | 1h | 0.02577 | −0.040% | $8K | $160K | 5x | as long as short |
| Aster QUSDT | +0.0733% | 4h | 0.02569 | −0.336% | $59K | $47K | 5x | as long as short |
| BingX Q-USDT | +0.0832% | 4h | 0.02580 | +0.085% | — | $1.3M | — | as long as short |
| Variational Omni Q | +0.0908% | 4h | 0.02575 | −0.134% | $620 | $2K | — | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
MEXC Q_USDT
Extended Q-USD
Aster QUSDT
BingX Q-USDT
Variational Omni QShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDT | +0.0981% | 4h | 0.02575 | −0.132% | $1.6M | $384K | 13x | as long as short |
Bybit QUSDT