Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Binance+0.060%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1921.924% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.060%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.031% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01639 | 0.0251 | pay 0.0126% / 4h | 28m 54s | $9.1M | $3.3M | 10x |
| Short | BloFin US-USDT | 0.01640 | 0.0298 | get 0.0149% / 4h | 28m 54s | $482K | $49K | 10x |
Binance USUSDT
BloFin US-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
- $9.84
- Price spread: +0.060% → +0.029%
- $3.15
- Slippage, 4 orders
- −$170.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$179.46
- Costs to cover
- 1.924%
- Break-even
- 134.6 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 7 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, 11 min ago | 2.13 bp | 61.7 bp −$62 | 385.4 bp −$3,854 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 6.71 bp | 36.0 bp −$36 | 61.3 bp −$613 | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01640 | +0.036% | $3.2M | $926K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01636 | −0.171% | $2.1M | $592K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01635 | −0.239% | $4.1M | $291K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01640 | +0.061% | $16K | $3K | — | as long as short |
| Extended US-USD | +0.0248% | 1h | 0.01639 | −0.016% | $3K | $97K | 5x | as long as short |
| MEXC US_USDT | +0.0250% | 4h | 0.01639 | −0.013% | $5.5M | $113K | 100x | as long as short |
| Binance USUSDTlong | +0.0251% | 4h | 0.01639 | long leg | $9.1M | $3.3M | 10x | |
| BloFin US-USDTshort | +0.0298% | 4h | 0.01640 | +0.060% | $482K | $49K | 10x | |
| Aster USUSDT | +0.0373% | 4h | 0.01638 | −0.096% | $12K | $54K | 5x | as long as short |
| BingX US-USDT | +0.0412% | 4h | 0.01639 | −0.001% | — | $1.3M | — | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Extended US-USD
MEXC US_USDT
Aster USUSDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0464% | 4h | 0.01641 | +0.121% | $4.3M | $259K | 10x | as long as short |
Bitget USUSDT