Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against BloFin−0.141%101s7-day average −0.081% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.141%, 7d avg −0.081%
=Funding pays, the price is against you. Binance is 0.060% cheaper against BloFin than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.081%). If the spread goes back, that is −$6 on $10k: about 5.9 days of funding at the current rate (+$1 a day). The two prices were read 101 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 | BloFin RED-USDT | 0.1554 | 0.0066 | pay 0.0033% / 4h | 1h 15m | $223K | $5K | 25x |
| Short | Binance REDUSDT | 0.1552 | 0.0100 | get 0.0050% / 4h | 1h 15m | $2.4M | $4.0M | 50x |
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
- $7.11
- Price spread: −0.141% → −0.081%
- −$5.96
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20.85
- Costs to cover
- 0.220%
- Break-even
- 27.5 days
Slippage unknown: BloFin: live order book, 23 min ago; Binance: live order book, 6 min ago. Net counts fees only.
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, 23 min ago | 5.44 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.22 bp | 25.2 bp −$25 | 109.9 bp −$1,099 | doesn't fit | doesn't fit |
RED on 10 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 RED-USDTlong | +0.0066% | 4h | 0.1554 | long leg | $223K | $5K | 25x | |
| Aster REDUSDT | +0.0100% | 4h | 0.1553 | −0.052% | $28K | $40K | 5x | as long as short |
| Binance REDUSDTshort | +0.0100% | 4h | 0.1552 | −0.141% | $2.4M | $4.0M | 50x | |
| Bybit REDUSDT | +0.0100% | 4h | 0.1555 | +0.051% | $2.0M | $1.8M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1555 | +0.051% | $357K | $95K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1554 | −0.013% | $732K | $288K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1555 | +0.054% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1592 | +2.432% | $2K | $752K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1552 | −0.147% | $31 | — | 5x | as long as short |
| MEXC RED_USDT | +0.0486% | 4h | 0.1553 | −0.077% | $495K | $170K | 20x | as long as short |
BloFin RED-USDT
Binance REDUSDT
Aster REDUSDT
Bybit REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT