Settings8H · net · $10k
Funding arb · Price arb /

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Binance−0.041%101s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.041% cheaper against Binance than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.006% in total) that is about 50 days. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SAFEUSDT0.10760.0100pay 0.0050% / 4h29m 36s$1.1M$2.1M50x
ShortBloFin SAFE-USDT0.10760.0156get 0.0078% / 4h29m 36s$73K$6K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.7
Price spread: −0.041% → 0.000%
−$4.14
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.44
Costs to cover
0.220%
Break-even
15.6 days
Slippage unknown: Binance: live order book, 5 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago4.65 bp37.5 bp −$38167.7 bp −$1,677doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SAFE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAFE/USDC PERP+0.0033%1h0.1002−6.881%$9$19K5.5xas long as short
Binance SAFEUSDTlong+0.0100%4h0.1076long leg$1.1M$2.1M50x
Bybit SAFEUSDT+0.0100%4h0.1074−0.209%$1.3M$647K25xas long as short
Gate SAFE_USDT+0.0100%4h0.1074−0.181%$701K$71K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1076−0.023%$391K$137K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1076−0.004%$404K$257K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1075−0.134%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1073−0.271%$3K$3Kas long as short
BloFin SAFE-USDTshort+0.0156%4h0.1076−0.041%$73K$6K50x