Funding you earn now, next payment 12:00 UTC+0.0052%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.011%
Price spread now: BloFin against Binance0.000%51s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$680.676% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now 0.000%, 7d avg +0.029%
=Funding pays, the price is against you. BloFin is 0.029% cheaper against Binance than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.029%). If the spread goes back, that is −$3 on $10k: about 46 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.003% in total) that is about 60 days. The two prices were read 51 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 CSOPSKHYNIX2LUSDT | 5.4860 | 0 | get 0.0000% / 4h | 1h 56m | $1.2M | $7.4M | 20x |
| Short | BloFin CSOPSKHYNIX2L-USDT | 5.4860 | 0.0052 | get 0.0026% / 4h | 1h 56m | — | $255K | 20x |
Binance CSOPSKHYNIX2LUSDT
BloFin CSOPSKHYNIX2L-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
- $10.82
- Price spread: 0.000% → +0.029%
- −$2.93
- Slippage, 4 orders
- −$45.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$59.67
- Costs to cover
- 0.676%
- Break-even
- 45.6 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 50 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, 6 min ago | 1.82 bp | 20.1 bp −$20 | 73.6 bp −$736 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 3.70 bp | 14.2 bp −$14 | 41.2 bp −$412 | doesn't fit | doesn't fit |
CSOPSKHYNIX2L on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CSOPSKHYNIX2LUSDTlong | 0.0000% | 4h | 5.4860 | long leg | $1.2M | $7.4M | 20x | |
| OKX CSOPSKHYNIX2L-USDT-SWAP | 0.0000% | 8h | 5.4910 | +0.091% | $144K | $340K | 10x | as long as short |
| Gate CSOPSKHYNIX2L_USDT | 0.0000% | 4h | 5.4820 | −0.073% | $96K | $59K | 20x | as long as short |
| MEXC CSOPSKHYNIX2L_USDT | 0.0000% | 4h | 5.4840 | −0.036% | $104K | $92K | 10x | as long as short |
| HTX CSOPSKHYNIX2L-USDT | 0.0000% | 4h | 5.4870 | +0.018% | $20K | $347K | 10x | as long as short |
| BloFin CSOPSKHYNIX2L-USDTshort | +0.0052% | 4h | 5.4860 | 0.000% | — | $255K | 20x | |
| Bybit CSOPSKHYNIX2LUSDT | +0.0356% | 8h | 5.4800 | −0.109% | $81K | $148K | 20x | as long as short |
OKX CSOPSKHYNIX2L-USDT-SWAP
Gate CSOPSKHYNIX2L_USDT
MEXC CSOPSKHYNIX2L_USDT
HTX CSOPSKHYNIX2L-USDT
Bybit CSOPSKHYNIX2LUSDT