Settings8H · net · $10k
Funding arb · Price arb /

TAKE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.048%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2732.727% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.327%−$33 · spread now +0.048%, 7d avg −0.037%
Together, before fees−0.326%−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.086% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAKEUSDT0.059400.0230pay 0.0115% / 4h7m 03s$4.0M$782K10x
ShortBloFin TAKE-USDT0.059430.0269get 0.0135% / 4h7m 03s$262K$10K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$8.25
Price spread: +0.048% → −0.037%
$8.58
Slippage, 4 orders
−$250.73
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$255.9
Costs to cover
2.727%
Break-even
224.2 days
Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago1.68 bp98.3 bp −$98724.3 bp −$7,243doesn't fitdoesn't fit
Sell BloFin live order book, 64 min ago1.69 bp56.7 bp −$57doesn't fitdoesn't fitdoesn't fit

TAKE on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TAKE_USDT+0.0100%4h0.05929−0.187%$321K$38K20xas long as short
Binance TAKEUSDTlong+0.0230%4h0.05940long leg$4.0M$782K10x
MEXC TAKE_USDT+0.0232%4h0.05940−0.002%$181K$97K50xas long as short
BingX TAKE-USDT+0.0250%4h0.05940−0.002%$2.3Mas long as short
BloFin TAKE-USDTshort+0.0269%4h0.05943+0.048%$262K$10K10x
Aster TAKEUSDT+0.0469%4h0.05939−0.019%$9K$9K5xas long as short
KuCoin TAKEUSDTM+0.1018%4h0.05972+0.537%$435K$25K20xas long as short