Settings8H · net · $10k
Funding arb · Price arb /

ATH

all ATH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin−0.276%71s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1131.126% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.397%+$40 · spread now −0.276%, 7d avg −0.047%
Together, before fees+0.399%+$40 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.228% cheaper against BloFin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ATH-USDT0.0054430.0100pay 0.0050% / 4h3h 32m$160K$69K75x
ShortBinance ATHUSDT0.0054280.0100get 0.0050% / 4h3h 32m$3.2M$4.2M50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.1
Price spread: −0.276% → −0.047%
−$22.84
Slippage, 4 orders
−$90.63
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$135.36
Costs to cover
1.126%
Break-even
9084.4 days
Slippage from BloFin: live order book, 33 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 33 min ago6.38 bp25.0 bp −$2566.1 bp −$661doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago3.66 bp30.7 bp −$3185.1 bp −$851doesn't fitdoesn't fit

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.1708%1h0.005429−0.252%$17K$109K10xas long as short
Variational Omni ATH−0.0109%4h0.005444+0.011%$183K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005449+0.113%$11K$595xas long as short
BloFin ATH-USDTlong+0.0100%4h0.005443long leg$160K$69K75x
Aster ATHUSDT+0.0100%4h0.005429−0.258%$4K$42K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005428−0.276%$3.2M$4.2M50x
Bybit ATHUSDT+0.0100%4h0.005415−0.514%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005419−0.441%$694K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005421−0.404%$774K$606K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005429−0.257%$8.8M$673K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005427−0.294%$545K$79K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005417−0.478%$1.5M$915K25xas long as short
BingX ATH-USDT+0.0100%4h0.005421−0.404%$21.3Mas long as short