Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance+0.092%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.092%, 7d avg +0.025%
=The price spread pays, funding is against you. BloFin is 0.066% dearer against Binance than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.025%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.012% in total) that is about 40 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WDCUSDT | 442.77 | 0 | get 0.0000% / 8h | 1h 02m | $7.3M | $25.5M | 20x |
| Short | BloFin WDC-USDT | 443.18 | −0.0016 | pay 0.0016% / 8h | 1h 02m | $140K | $94K | 20x |
Binance WDCUSDT
BloFin WDC-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
- −$3.27
- Price spread: +0.092% → +0.025%
- $6.63
- Slippage, 4 orders
- −$28.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.24
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 7 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, 8 min ago | 0.79 bp | 11.8 bp −$12 | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.04 bp | 13.7 bp −$14 | 19.0 bp −$190 | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0476% | 8h | 443.27 | +0.112% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDTshort | −0.0016% | 8h | 443.18 | +0.092% | $140K | $94K | 20x | |
| Aster WDCUSDT | 0.0000% | 8h | 442.70 | −0.017% | $19K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 442.68 | −0.022% | $2K | $173K | 10x | as long as short |
| Binance WDCUSDTlong | 0.0000% | 8h | 442.77 | long leg | $7.3M | $25.5M | 20x | |
| Bybit WDCUSDT | 0.0000% | 8h | 442.77 | −0.001% | $1.9M | $710K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 443.10 | +0.073% | $1.9M | $2.5M | 50x | as long as short |
| OKX WDC-USDT-SWAP | +0.0016% | 8h | 443.42 | +0.146% | $2.0M | $4.3M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 442.61 | −0.037% | — | — | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0034% | 8h | 443.47 | +0.157% | $519 | $148K | 10x | as long as short |
Bitget WDCUSDT
Aster WDCUSDT
Extended WDC-USD
Bybit WDCUSDT
Gate WDC_USDT
OKX WDC-USDT-SWAP
Lighter WDC
GRVT WDC_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 442.62 | −0.035% | $2.3M | $2.1M | 10x | as long as short |
| QFEX WDC-USD | +0.0057% | 1h | 443.13 | +0.080% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 442.76 | −0.003% | $271K | $46K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 443.29 | +0.116% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 443.20 | +0.096% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 443.37 | +0.134% | $33K | $8K | 10x | as long as short |
| edgeX WDCUSDC | +0.0160% | 4h | 443.30 | +0.118% | $49K | $230K | 10x | as long as short |
tradeXYZ xyz:WDC
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
edgeX WDCUSDC