Funding you earn now, next payment 04:00 UTC−0.2074%/8h= −227.1% APRpaid last 24h —
Price spread now: BloFin against Deribit−0.096%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$62 a day on $10k at the current rate, and BloFin is 0.096% cheaper against Deribit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TOWNS_USDC-PERPETUAL | 0.002073 | 0.2168 | pay 0.0271% / 1h | 47m 05s | — | — | 25x |
| Short | BloFin TOWNS-USDT | 0.002071 | 0.0094 | get 0.0047% / 4h | 47m 05s | $132K | $4K | 10x |
Deribit TOWNS_USDC-PERPETUAL
BloFin TOWNS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- −$435.52
- Price spread: −0.096% → 0.000%
- −$9.65
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$464.17
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 49 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 49 min ago | 4.83 bp | 31.2 bp −$31 | 107.9 bp −$1,079 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TOWNS-USDTshort | +0.0094% | 4h | 0.002071 | −0.096% | $132K | $4K | 10x | |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002067 | −0.297% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002070 | −0.139% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002071 | −0.096% | $374K | $114K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002072 | −0.048% | $71K | $14K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002070 | −0.145% | $398K | $119K | 100x | as long as short |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002071 | −0.096% | $247K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002073 | 0.000% | $339K | $43K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002070 | −0.145% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002065 | −0.403% | $193 | $553 | — | as long as short |
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
BingX TOWNS-USDT
Variational Omni TOWNSShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.0816% | 1h | 0.002074 | +0.048% | $77K | $4K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUALlong | +0.2168% | 1h | 0.002073 | long leg | — | — | 25x |
Coinbase International TOWNS-PERP-INTX