Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Binance−0.057%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1851.850% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now −0.057%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.082% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AIAUSDT | 0.07026 | 0.0249 | pay 0.0125% / 4h | 3h 03m | $5.0M | $2.1M | 20x |
| Short | BloFin AIA-USDT | 0.07022 | 0.0197 | get 0.0099% / 4h | 3h 03m | $325K | $18K | 20x |
Binance AIAUSDT
BloFin AIA-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
- −$10.85
- Price spread: −0.057% → +0.025%
- −$8.2
- Slippage, 4 orders
- −$163.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$204.08
- Costs to cover
- 1.850%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 64 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, 4 min ago | 3.56 bp | 46.5 bp −$46 | 318.0 bp −$3,180 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 4.99 bp | 43.2 bp −$43 | 132.1 bp −$1,321 | doesn't fit | doesn't fit |
AIA on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AIA_USDT | +0.0100% | 4h | 0.07035 | +0.128% | $341K | $105K | 20x | as long as short |
| BloFin AIA-USDTshort | +0.0197% | 4h | 0.07022 | −0.057% | $325K | $18K | 20x | |
| BingX AIA-USDT | +0.0242% | 4h | 0.07027 | +0.014% | — | $2.3M | — | as long as short |
| MEXC AIA_USDT | +0.0246% | 4h | 0.07026 | 0.000% | $3.7M | $485K | 20x | as long as short |
| Extended AIA-USD | +0.0248% | 1h | 0.07021 | −0.066% | $3K | $219K | 5x | as long as short |
| Binance AIAUSDTlong | +0.0249% | 4h | 0.07026 | long leg | $5.0M | $2.1M | 20x | |
| Aster AIAUSDT | +0.1239% | 4h | 0.07016 | −0.143% | $25K | $38K | 5x | as long as short |
Gate AIA_USDT
BingX AIA-USDT
MEXC AIA_USDT
Extended AIA-USD
Aster AIAUSDT