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

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.10 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against BloFin+0.155%101s7-day average · you sell dearer than you buy
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−0.007%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Binance is 0.155% dearer against BloFin than usual: you sell high and buy low (spread +0.155% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. At the pace of the last 7 days (−0.007% in total) that is about 5 months. 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
LongBloFin SAFE-USDT0.10890.0120pay 0.0060% / 4h29m 35s$74K$6K50x
ShortBinance SAFEUSDT0.10910.0100get 0.0050% / 4h29m 35s$1.1M$2.1M50x

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

Profit calculator

Funding earned
−$4.27
Price spread: +0.155% → 0.000%
$15.54
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$10.73
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 5 min ago. 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 BloFin no order-book sample
Sell Binance live order book, 5 min ago3.69 bp41.7 bp −$42141.2 bp −$1,412doesn't fitdoesn't fit
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%1h0.1002−8.023%$9$19K5.5xas long as short
Binance SAFEUSDTshort+0.0100%4h0.1091+0.155%$1.1M$2.1M50x
Bybit SAFEUSDT+0.0100%4h0.1088−0.110%$1.3M$615K25xas long as short
Gate SAFE_USDT+0.0100%4h0.1090+0.009%$710K$68K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1091+0.129%$397K$128K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1091+0.147%$388K$268K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1090+0.037%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1085−0.362%$3K$3Kas long as short
BloFin SAFE-USDTlong+0.0120%4h0.1089long leg$74K$6K50x