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 − costs—prices read too far apart to compare
costs, in and out, $10k−$440.441% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BE-USDT | 275.47 | 0.0191 | pay 0.0191% / 8h | 5h 35m | $45K | $141K | 20x |
| Short | Binance BEUSDT | 275.42 | 0.0070 | get 0.0070% / 8h | 5h 35m | $8.4M | $36.1M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 75 min ago | 0.55 bp | 7.9 bp −$8 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.18 bp | 9.5 bp −$9 | 28.4 bp −$284 | 86.7 bp −$8,668 | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 275.19 | −0.101% | $346K | $119K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 275.50 | +0.011% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.10 | −0.134% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.29 | −0.065% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 275.32 | −0.056% | $7K | $164K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.57 | +0.036% | $962 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.39 | −0.029% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0012% | 1h | 275.36 | −0.040% | $1.3M | $2.9M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.08 | −0.868% | $473K | $130K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.29 | −0.065% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 275.29 | −0.065% | $251K | $289K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.95 | −0.189% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.32 | −0.054% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 275.13 | −0.123% | $5.9M | $2.8M | 10x | as long as short |
| Binance BEUSDTshort | +0.0070% | 8h | 275.42 | −0.018% | $8.4M | $36.1M | 25x | |
| Extended BE-USD | +0.0072% | 1h | 275.30 | −0.060% | $46K | $262K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.37 | −0.036% | $372K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.47 | −0.001% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0122% | 8h | 275.37 | −0.036% | $2.6M | $6.8M | 25x | as long as short |
| BloFin BE-USDTlong | +0.0191% | 8h | 275.47 | long leg | $45K | $141K | 20x | |
| Deribit BE_USDC-PERPETUAL | +0.0367% | 1h | 275.51 | +0.015% | $7K | $4K | 10x | as long as short |
BloFin BE-USDT
Binance BEUSDT
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Coinbase International BE-PERP-INTX
Lighter BE
Lighter RH BE
tradeXYZ xyz:BE
Extended BE-USD
KuCoin BEUSDTM
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL