Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance−0.076%61s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as 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−$1251.250% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.076%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.076% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of 0.000%). 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 RAREUSDT | 0.01316 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $1.6M | $1.1M | 25x |
| Short | BloFin RARE-USDT | 0.01315 | 0.0049 | get 0.0025% / 4h | 2h 36m | $106K | $12K | 25x |
Binance RAREUSDT
BloFin RARE-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
- −$10.64
- Price spread: −0.076% → 0.000%
- −$7.62
- Slippage, 4 orders
- −$103.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$143.28
- Costs to cover
- 1.250%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 42 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 | 3.78 bp | 35.0 bp −$35 | 465.1 bp −$4,651 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 11.31 bp | 29.2 bp −$29 | 96.0 bp −$960 | doesn't fit | doesn't fit |
RARE 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RARE-USDTshort | +0.0049% | 4h | 0.01315 | −0.076% | $106K | $12K | 25x | |
| BingX RARE-USDT | +0.0070% | 4h | 0.01315 | −0.076% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01314 | −0.115% | $8K | $2K | 5x | as long as short |
| Binance RAREUSDTlong | +0.0100% | 4h | 0.01316 | long leg | $1.6M | $1.1M | 25x | |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01316 | +0.023% | $309K | $83K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01315 | −0.076% | $49K | $28K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01316 | 0.000% | $620K | $169K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01316 | 0.000% | $201K | $74K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01314 | −0.152% | $233K | $71K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01319 | +0.223% | $1K | $2K | — | as long as short |
BingX RARE-USDT
Aster RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RAREShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.2417% | 1h | 0.01328 | +0.908% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD