Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin−0.076%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)+0.240%+$24 · spread now −0.076%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.078% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin YB-USDT | 0.08884 | 0.0136 | pay 0.0068% / 4h | 3h 38m | $101K | $9K | 20x |
| Short | Binance YBUSDT | 0.08877 | 0.0100 | get 0.0050% / 4h | 3h 38m | $2.0M | $916K | 20x |
BloFin YB-USDT
Binance YBUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.56
- Price spread: −0.076% → +0.003%
- −$7.82
- Slippage, 4 orders
- −$110.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$147.99
- Costs to cover
- 1.326%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; Binance: live order book, 10 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 BloFin live order book, 16 min ago | 1.69 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.82 bp | 35.3 bp −$35 | 198.1 bp −$1,981 | doesn't fit | doesn't fit |
YB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster YBUSDT | +0.0100% | 4h | 0.08881 | −0.033% | $6K | $1K | 5x | as long as short |
| Binance YBUSDTshort | +0.0100% | 4h | 0.08877 | −0.076% | $2.0M | $916K | 20x | |
| Bybit YBUSDT | +0.0100% | 4h | 0.08873 | −0.124% | $587K | $58K | 25x | as long as short |
| OKX YB-USDT-SWAP | +0.0100% | 4h | 0.08863 | −0.236% | $397K | $153K | 20x | as long as short |
| Gate YB_USDT | +0.0100% | 4h | 0.08880 | −0.045% | $102K | $18K | 20x | as long as short |
| MEXC YB_USDT | +0.0100% | 4h | 0.08860 | −0.270% | $588K | $106K | 50x | as long as short |
| KuCoin YBUSDTM | +0.0100% | 4h | 0.08860 | −0.270% | $181K | $18K | 20x | as long as short |
| Bitget YBUSDT | +0.0100% | 4h | 0.08872 | −0.135% | $541K | $33K | 10x | as long as short |
| BingX YB-USDT | +0.0100% | 4h | 0.08869 | −0.169% | — | $6.5M | — | as long as short |
| Variational Omni YB | +0.0100% | 4h | 0.08883 | −0.010% | $910 | $2K | — | as long as short |
Aster YBUSDT
Bybit YBUSDT
OKX YB-USDT-SWAP
Gate YB_USDT
MEXC YB_USDT
KuCoin YBUSDTM
Bitget YBUSDT
BingX YB-USDT
Variational Omni YBShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX YB-USDT | +0.0100% | 4h | 0.09060 | +1.981% | $1K | $1.2M | 20x | as long as short |
| BloFin YB-USDTlong | +0.0136% | 4h | 0.08884 | long leg | $101K | $9K | 20x |
SunX YB-USDT