Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin−0.091%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1051.050% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.091%, 7d avg −0.002%
=Funding pays, the price is against you. Binance is 0.089% cheaper against BloFin than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.002%). If the spread goes back, that is −$9 on $10k: about 24 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.003% in total) that is about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SSV-USDT | 3.3930 | 0.0087 | pay 0.0087% / 8h | 4h 26m | $125K | $76K | 75x |
| Short | Binance SSVUSDT | 3.3899 | 0.0100 | get 0.0100% / 8h | 4h 26m | $2.5M | $2.7M | 50x |
BloFin SSV-USDT
Binance SSVUSDTFunding 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
- $2.64
- Price spread: −0.091% → −0.002%
- −$8.95
- Slippage, 4 orders
- −$83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$111.31
- Costs to cover
- 1.050%
- Break-even
- 302.4 days
Slippage from BloFin: live order book, 64 min ago; Binance: live order book, 8 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, 64 min ago | 10.24 bp | 33.1 bp −$33 | 119.9 bp −$1,199 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 4.46 bp | 31.4 bp −$31 | 118.3 bp −$1,183 | doesn't fit | doesn't fit |
SSV on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SSV | +0.0070% | 8h | 3.3769 | −0.474% | $843 | $1 | — | as long as short |
| BloFin SSV-USDTlong | +0.0087% | 8h | 3.3930 | long leg | $125K | $76K | 75x | |
| Binance SSVUSDTshort | +0.0100% | 8h | 3.3899 | −0.091% | $2.5M | $2.7M | 50x | |
| Bybit SSVUSDT | +0.0100% | 8h | 3.3840 | −0.265% | $580K | $304K | 50x | as long as short |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.3860 | −0.206% | $542K | $939K | 20x | as long as short |
| Gate SSV_USDT | +0.0100% | 8h | 3.3950 | +0.059% | $151K | $75K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.3890 | −0.118% | $184K | $145K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.3890 | −0.118% | $251K | $43K | 30x | as long as short |
| Bitget SSVUSDT | +0.0100% | 8h | 3.3870 | −0.177% | $503K | $307K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.3910 | −0.059% | — | $2.3M | — | as long as short |
Variational Omni SSV
Bybit SSVUSDT
OKX SSV-USDT-SWAP
Gate SSV_USDT
MEXC SSV_USDT
KuCoin SSVUSDTM
Bitget SSVUSDT
BingX SSV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SSVUSD | +0.3368% | 1h | 3.4069 | +0.410% | $10K | $15K | 10x | as long as short |
Kraken Futures PF_SSVUSD