Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.2% APRnext payment $1.21 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin−0.018%101s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.252%−$25 on $10k
Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.018%, 7d avg −0.006%
Together, before fees−0.357%−$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BE-USDT275.470.0191pay 0.0191% / 8h5h 35m$45K$141K20x
ShortBinance BEUSDT275.420.0070get 0.0070% / 8h5h 35m$8.4M$36.1M25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$25.38
Price spread: −0.018% → −0.006%
−$1.2
Slippage, 4 orders
−$22.08
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$70.66
Costs to cover
0.441%
Break-even
never at this rate
Slippage from BloFin: live order book, 75 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 75 min ago0.55 bp7.9 bp −$817.7 bp −$177doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago2.18 bp9.5 bp −$928.4 bp −$28486.7 bp −$8,668doesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h275.19−0.101%$346K$119K20xas long as short
Bybit BEUSDT0.0000%8h275.50+0.011%$2.0M$1.1M25xas long as short
Gate BE_USDT0.0000%8h275.10−0.134%$1.5M$3.3M50xas long as short
Bitget BEUSDT0.0000%8h275.29−0.065%$1.7M$2.6M20xas long as short
GRVT BE_USDT_Perp0.0000%8h275.32−0.056%$7K$164K10xas long as short
SunX BE-USDT0.0000%8h275.57+0.036%$962$2.4M10xas long as short
HTX BE-USDT0.0000%8h275.39−0.029%$13K$34K20xas long as short
QFEX BE-USD+0.0012%1h275.36−0.040%$1.3M$2.9M10xas long as short
Coinbase International BE-PERP-INTX+0.0016%1h273.08−0.868%$473K$130K10xas long as short
Lighter BE+0.0032%1h275.29−0.065%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH BE+0.0032%1h275.29−0.065%$251K$289K10xas long as short
Arcus BE-USD+0.0040%1h274.95−0.189%$115K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h275.32−0.054%10xas long as short
tradeXYZ xyz:BE+0.0050%1h275.13−0.123%$5.9M$2.8M10xas long as short
Binance BEUSDTshort+0.0070%8h275.42−0.018%$8.4M$36.1M25x
Extended BE-USD+0.0072%1h275.30−0.060%$46K$262K10xas long as short
KuCoin BEUSDTM+0.0100%8h275.37−0.036%$372K$22K20xas long as short
Aevo BE-PERP+0.0104%1h275.47−0.001%10xas long as short
OKX BE-USDT-SWAP+0.0122%8h275.37−0.036%$2.6M$6.8M25xas long as short
BloFin BE-USDTlong+0.0191%8h275.47long leg$45K$141K20x
Deribit BE_USDC-PERPETUAL+0.0367%1h275.51+0.015%$7K$4K10xas long as short