Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin+0.131%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$860.863% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now +0.131%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.116% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin YFI-USDT | 2,314 | 0.0082 | pay 0.0082% / 8h | 6h 48m | $118K | $26K | 75x |
| Short | Binance YFIUSDT | 2,317 | 0.0100 | get 0.0100% / 8h | 6h 48m | $2.3M | $3.1M | 75x |
BloFin YFI-USDT
Binance YFIUSDTFunding 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
- $3.84
- Price spread: +0.131% → +0.015%
- $11.58
- Slippage, 4 orders
- −$64.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.88
- Costs to cover
- 0.863%
- Break-even
- 136.3 days
Slippage from BloFin: live order book, 1 min ago; Binance: live order book, 2 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, 1 min ago | 2.16 bp | 16.2 bp −$16 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.16 bp | 26.6 bp −$27 | 78.3 bp −$783 | doesn't fit | doesn't fit |
YFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSD | −0.0250% | 1h | 2,318.8 | +0.207% | $47K | $7K | 10x | as long as short |
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −5.337% | $2K | $28K | 5.5x | as long as short |
| BloFin YFI-USDTlong | +0.0082% | 8h | 2,314 | long leg | $118K | $26K | 75x | |
| Aster YFIUSDT | +0.0100% | 8h | 2,315.1 | +0.046% | $2K | $2K | 5x | as long as short |
| Binance YFIUSDTshort | +0.0100% | 8h | 2,317 | +0.131% | $2.3M | $3.1M | 75x | |
| Bybit YFIUSDT | +0.0100% | 8h | 2,314 | 0.000% | $995K | $252K | 25x | as long as short |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,315 | +0.043% | $619K | $833K | 20x | as long as short |
| Gate YFI_USDT | +0.0100% | 8h | 2,312.7 | −0.056% | $303K | $152K | 50x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,316 | +0.086% | $863K | $284K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,314 | 0.000% | $384K | $88K | 30x | as long as short |
Kraken Futures PF_YFIUSD
Injective YFI/USDC PERP
Aster YFIUSDT
Bybit YFIUSDT
OKX YFI-USDT-SWAP
Gate YFI_USDT
MEXC YFI_USDT
KuCoin YFIUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YFI-USDT | +0.0100% | 8h | 2,315 | +0.043% | — | $11.8M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,309.1 | −0.210% | $9K | $1K | — | as long as short |
BingX YFI-USDT
Variational Omni YFI