Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BloFin+0.104%81s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as 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−$700.696% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.104%, 7d avg +0.012%
=The price spread pays, funding is against you. Binance is 0.093% dearer against BloFin than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.012%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.8 days. At the pace of the last 7 days (−0.002% in total) that is about 12 months. The two prices were read 81 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 0G-USDT | 0.2365 | 0.0153 | pay 0.0076% / 4h | 1h 00m | $327K | $10K | 50x |
| Short | Binance 0GUSDT | 0.2367 | 0.0100 | get 0.0050% / 4h | 1h 00m | $7.0M | $8.6M | 50x |
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
- −$11.12
- Price spread: +0.104% → +0.012%
- $9.27
- Slippage, 4 orders
- −$47.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.5
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 20 min ago; Binance: live order book, 9 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, 20 min ago | 2.11 bp | 12.6 bp −$13 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.12 bp | 14.5 bp −$14 | 41.7 bp −$417 | 745.1 bp −$74.5K | doesn't fit |
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0464% | 4h | 0.2367 | +0.085% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2368 | +0.142% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2367 | +0.104% | $17K | $46K | 5x | as long as short |
| Binance 0GUSDTshort | +0.0100% | 4h | 0.2367 | +0.104% | $7.0M | $8.6M | 50x | |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2365 | 0.000% | $2.4M | $2.3M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2367 | +0.085% | $862K | $2.4M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2367 | +0.085% | $611K | $213K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2367 | +0.085% | $2.1M | $252K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0100% | 4h | 0.2367 | +0.097% | $2.3M | $2.3M | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2369 | +0.169% | $2.0M | $802K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack 0G_USDC_PERP | +0.0100% | 1h | 0.2369 | +0.169% | $32K | $60K | 5x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2362 | −0.144% | $15K | $6K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2367 | +0.106% | $17K | $625K | 50x | as long as short |
| BloFin 0G-USDTlong | +0.0153% | 4h | 0.2365 | long leg | $327K | $10K | 50x | |
| Hyperliquid 0G | +0.0521% | 1h | 0.2372 | +0.313% | $2.5M | $448K | 3x | as long as short |
| Lighter 0G | +0.0736% | 1h | 0.2373 | +0.338% | $49K | $88K | 3x | as long as short |
BloFin 0G-USDT
Binance 0GUSDT
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
KuCoin 0GUSDTM
Bitget 0GUSDT
Backpack 0G_USDC_PERP
Variational Omni 0G
ApeX Omni 0GUSDT
Hyperliquid 0G
Lighter 0G