Funding you earn now, next payment 00:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance−0.176%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)+0.203%+$20 · spread now −0.176%, 7d avg +0.049%
=Funding pays, the price is against you. BloFin is 0.226% cheaper against Binance than usual: you would sell low and buy high (spread −0.176% now, against its 7-day average of +0.049%). If the spread goes back, that is −$23 on $10k: about 17 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.030% in total) that is about 52 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPACEUSDT | 0.005103 | 0.0100 | pay 0.0050% / 4h | 8m 29s | $1.9M | $2.0M | 50x |
| Short | BloFin SPACE-USDT | 0.005094 | 0.0144 | get 0.0072% / 4h | 8m 29s | $158K | $8K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.22
- Price spread: −0.176% → +0.049%
- −$22.56
- Slippage, 4 orders
- −$88.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$123.95
- Costs to cover
- 1.106%
- Break-even
- 101.1 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 53 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, 11 min ago | 1.96 bp | 30.9 bp −$31 | 312.5 bp −$3,125 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 2.97 bp | 22.6 bp −$23 | 94.6 bp −$946 | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDTlong | +0.0100% | 4h | 0.005103 | long leg | $1.9M | $2.0M | 50x | |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005092 | −0.216% | $783K | $164K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005090 | −0.255% | $1.5M | $1.2M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005103 | 0.000% | $370K | $154K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005088 | −0.294% | $642K | $104K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005091 | −0.235% | $889K | $236K | 20x | as long as short |
| BloFin SPACE-USDTshort | +0.0144% | 4h | 0.005094 | −0.176% | $158K | $8K | 50x | |
| Gate SPACE_USDT | +0.0218% | 4h | 0.005087 | −0.314% | $767K | $429K | 20x | as long as short |
| Aster SPACEUSDT | +0.0886% | 4h | 0.005089 | −0.284% | $15K | $30K | 5x | as long as short |
Binance SPACEUSDT
BloFin SPACE-USDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Gate SPACE_USDT
Aster SPACEUSDT