Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.24 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance−0.058%61s7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1181.181% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.375%+$37 · spread now −0.058%, 7d avg +0.049%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.107% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.049%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRADOORUSDT | 0.6923 | 0.0100 | pay 0.0050% / 4h | 50m 06s | $5.1M | $2.2M | 20x |
| Short | BloFin TRADOOR-USDT | 0.6919 | 0.0051 | get 0.0026% / 4h | 50m 06s | $337K | $24K | 20x |
Binance TRADOORUSDT
BloFin TRADOOR-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.28
- Price spread: −0.058% → +0.049%
- −$10.68
- Slippage, 4 orders
- −$96.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$139.01
- Costs to cover
- 1.181%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 25 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 Binance live order book, 3 min ago | 3.61 bp | 28.8 bp −$29 | 90.5 bp −$905 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 min ago | 3.62 bp | 28.6 bp −$29 | 105.8 bp −$1,058 | doesn't fit | doesn't fit |
TRADOOR on 8 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 TRADOOR-USDTshort | +0.0051% | 4h | 0.6919 | −0.058% | $337K | $24K | 20x | |
| Binance TRADOORUSDTlong | +0.0100% | 4h | 0.6923 | long leg | $5.1M | $2.2M | 20x | |
| Gate TRADOOR_USDT | +0.0100% | 8h | 0.6910 | −0.188% | $392K | $70K | 20x | as long as short |
| MEXC TRADOOR_USDT | +0.0100% | 4h | 0.6924 | +0.014% | $10.3M | $119K | 100x | as long as short |
| KuCoin TRADOORUSDTM | +0.0100% | 4h | 0.6927 | +0.058% | $255K | $4.0M | 10x | as long as short |
| BingX TRADOOR-USDT | +0.0100% | 4h | 0.6922 | −0.014% | — | $6.5M | — | as long as short |
| Variational Omni TRADOOR | +0.0100% | 4h | 0.6925 | +0.024% | $2K | $155 | — | as long as short |
| Aster TRADOORUSDT | +0.0365% | 4h | 0.6920 | −0.042% | $95K | $85K | 5x | as long as short |
Gate TRADOOR_USDT
MEXC TRADOOR_USDT
KuCoin TRADOORUSDTM
BingX TRADOOR-USDT
Variational Omni TRADOOR
Aster TRADOORUSDT