Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.285%111s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as 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−$1461.458% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.272%+$27 · spread now −0.285%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.272% cheaper against Binance than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 111 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 SFPUSDT | 0.3049 | 0.0100 | pay 0.0100% / 8h | 41m 25s | $3.8M | $1.4M | 75x |
| Short | BloFin SFP-USDT | 0.3040 | 0.0101 | get 0.0101% / 8h | 41m 25s | $233K | $5K | 75x |
Binance SFPUSDT
BloFin SFP-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
- $0.22
- Price spread: −0.285% → −0.013%
- −$27.19
- Slippage, 4 orders
- −$123.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$172.76
- Costs to cover
- 1.458%
- Break-even
- 5403.5 days
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 20 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, 10 min ago | 3.29 bp | 31.7 bp −$32 | 213.2 bp −$2,132 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 4.94 bp | 39.8 bp −$40 | 98.0 bp −$980 | doesn't fit | doesn't fit |
SFP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SFP-USDT | +0.0070% | 8h | 0.3046 | −0.088% | — | $1.4M | — | as long as short |
| Binance SFPUSDTlong | +0.0100% | 8h | 0.3049 | long leg | $3.8M | $1.4M | 75x | |
| Gate SFP_USDT | +0.0100% | 8h | 0.3046 | −0.088% | $31K | $29K | 50x | as long as short |
| MEXC SFP_USDT | +0.0100% | 8h | 0.3048 | −0.023% | $858K | $156K | 200x | as long as short |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3045 | −0.121% | $58K | $9K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3046 | −0.088% | $83K | $54K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3047 | −0.042% | $14K | $208 | — | as long as short |
| BloFin SFP-USDTshort | +0.0101% | 8h | 0.3040 | −0.285% | $233K | $5K | 75x |
BingX SFP-USDT
Gate SFP_USDT
MEXC SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP