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

TAKE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin+0.152%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3323.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.647%+$65 · spread now +0.152%, 7d avg +0.036%
Together, before fees+0.646%+$65 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 Binance is 0.116% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAKE-USDT0.058300.0067pay 0.0034% / 4h1h 42m$257K$10K10x
ShortBinance TAKEUSDT0.058390.0100get 0.0050% / 4h1h 42m$3.9M$866K10x

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

Profit calculator

Funding earned
$6.84
Price spread: +0.152% → +0.036%
$11.57
Slippage, 4 orders
−$310.42
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$314
Costs to cover
3.324%
Break-even
328.2 days
Slippage from BloFin: live order book, 78 min ago; Binance: live order book, 9 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 BloFin live order book, 78 min ago17.68 bp81.5 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago2.57 bp82.2 bp −$82648.4 bp −$6,484doesn'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
BloFin TAKE-USDTlong+0.0067%4h0.05830long leg$257K$10K10x
Binance TAKEUSDTshort+0.0100%4h0.05839+0.152%$3.9M$866K10x
Gate TAKE_USDT+0.0100%4h0.05833+0.051%$314K$40K20xas long as short
MEXC TAKE_USDT+0.0100%4h0.05837+0.120%$180K$97K50xas long as short
BingX TAKE-USDT+0.0100%4h0.05842+0.206%$2.3Mas long as short
KuCoin TAKEUSDTM+0.0210%4h0.05861+0.532%$423K$25K20xas long as short
Aster TAKEUSDT+0.0387%4h0.05837+0.116%$10K$10K5xas long as short