Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.068%61s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as 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−$2072.071% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.068%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.027%. 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 XNYUSDT | 0.006358 | 0.1338 | pay 0.0669% / 4h | 3h 56m | $3.7M | $998K | 10x |
| Short | BloFin XNY-USDT | 0.006362 | 0.1331 | get 0.0665% / 4h | 3h 56m | $226K | $6K | 10x |
Binance XNYUSDT
BloFin XNY-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
- −$1.41
- Price spread: +0.068% → +0.027%
- $4.04
- Slippage, 4 orders
- −$185.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$204.46
- Costs to cover
- 2.071%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 35 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, 10 min ago | 0.79 bp | 90.2 bp −$90 | 617.3 bp −$6,173 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 4.77 bp | 29.6 bp −$30 | 112.8 bp −$1,128 | doesn't fit | doesn't fit |
XNY on 9 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 XNYUSDT | +0.0100% | 4h | 0.006354 | −0.058% | $444K | $32K | 5x | as long as short |
| Gate XNY_USDT | +0.0100% | 4h | 0.006374 | +0.257% | $213K | $15K | 10x | as long as short |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006353 | −0.074% | $291K | $13K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006352 | −0.091% | $53K | $1K | — | as long as short |
| Aster XNYUSDT | +0.1225% | 4h | 0.006387 | +0.465% | $5K | $3K | 5x | as long as short |
| BingX XNY-USDT | +0.1236% | 4h | 0.006355 | −0.042% | — | $1.3M | — | as long as short |
| MEXC XNY_USDT | +0.1318% | 4h | 0.006357 | −0.011% | $171K | $93K | 100x | as long as short |
| BloFin XNY-USDTshort | +0.1331% | 4h | 0.006362 | +0.068% | $226K | $6K | 10x | |
| Binance XNYUSDTlong | +0.1338% | 4h | 0.006358 | long leg | $3.7M | $998K | 10x |
Bybit XNYUSDT
Gate XNY_USDT
KuCoin XNYUSDTM
Variational Omni XNY
Aster XNYUSDT
BingX XNY-USDT
MEXC XNY_USDT