Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.059%
Price spread now: Binance against BloFin−0.270%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1141.136% of the position
Funding, last 7 days−0.195%−$19 on $10k
+Price spread, last 4 days (all we have)+0.694%+$69 · spread now −0.270%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.279% cheaper against BloFin than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SUPER-USDT | 0.1508 | 0.0340 | pay 0.0170% / 4h | 53m 11s | $148K | $101K | 75x |
| Short | Binance SUPERUSDT | 0.1504 | 0.0100 | get 0.0050% / 4h | 53m 11s | $2.3M | $5.6M | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.270% → +0.008%
- −$27.86
- Slippage, 4 orders
- −$91.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$191.82
- Costs to cover
- 1.136%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; Binance: live order book, 15 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, 16 min ago | 3.30 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.99 bp | 40.9 bp −$41 | 120.9 bp −$1,209 | doesn't fit | doesn't fit |
SUPER 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SUPER-USDT | +0.0036% | 4h | 0.1505 | −0.206% | — | $2.4M | — | as long as short |
| Hyperliquid SUPER | +0.0100% | 1h | 0.1508 | −0.033% | $500K | $354K | 3x | as long as short |
| Binance SUPERUSDTshort | +0.0100% | 4h | 0.1504 | −0.270% | $2.3M | $5.6M | 50x | |
| Bybit SUPERUSDT | +0.0100% | 4h | 0.1505 | −0.219% | $1.1M | $1.6M | 25x | as long as short |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1505 | −0.212% | $130K | $92K | 50x | as long as short |
| MEXC SUPER_USDT | +0.0100% | 4h | 0.1503 | −0.325% | $1.5M | $597K | 20x | as long as short |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1506 | −0.126% | $628K | $170K | 50x | as long as short |
| Bitget SUPERUSDT | +0.0100% | 4h | 0.1506 | −0.146% | $532K | $295K | 25x | as long as short |
| Variational Omni SUPER | +0.0100% | 4h | 0.1503 | −0.337% | $81K | $3K | — | as long as short |
| BloFin SUPER-USDTlong | +0.0340% | 4h | 0.1508 | long leg | $148K | $101K | 75x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSD | +0.2199% | 1h | 0.1511 | +0.186% | $50K | $8K | 10x | as long as short |
BloFin SUPER-USDT
Binance SUPERUSDT
BingX SUPER-USDT
Hyperliquid SUPER
Bybit SUPERUSDT
Gate SUPER_USDT
MEXC SUPER_USDT
KuCoin SUPERUSDTM
Bitget SUPERUSDT
Variational Omni SUPER
Kraken Futures PF_SUPERUSD