Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.066%51s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as 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−$1421.419% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.066%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.049% dearer against BloFin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 51 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 SFP-USDT | 0.3048 | 0.0093 | pay 0.0093% / 8h | 2h 18m | $233K | $5K | 75x |
| Short | Binance SFPUSDT | 0.3050 | 0.0100 | get 0.0100% / 8h | 2h 18m | $3.8M | $1.5M | 75x |
BloFin SFP-USDT
Binance SFPUSDTFunding 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
- $1.52
- Price spread: +0.066% → +0.017%
- $4.87
- Slippage, 4 orders
- −$119.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$135.49
- Costs to cover
- 1.419%
- Break-even
- 629.7 days
Slippage from BloFin: live order book, 53 min ago; Binance: live order book, 3 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 BloFin live order book, 53 min ago | 6.54 bp | 26.1 bp −$26 | 116.5 bp −$1,165 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.64 bp | 53.0 bp −$53 | 174.9 bp −$1,749 | 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 | 0.3041 | −0.230% | — | $1.4M | — | as long as short |
| BloFin SFP-USDTlong | +0.0093% | 8h | 0.3048 | long leg | $233K | $5K | 75x | |
| Binance SFPUSDTshort | +0.0100% | 8h | 0.3050 | +0.066% | $3.8M | $1.5M | 75x | |
| Gate SFP_USDT | +0.0100% | 8h | 0.3044 | −0.131% | $31K | $29K | 50x | as long as short |
| MEXC SFP_USDT | +0.0100% | 8h | 0.3049 | +0.033% | $869K | $157K | 200x | as long as short |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3027 | −0.689% | $58K | $9K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3045 | −0.098% | $80K | $52K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3037 | −0.346% | $14K | $208 | — | as long as short |
BingX SFP-USDT
Gate SFP_USDT
MEXC SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP