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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1131.126% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ATH-USDT | 0.005443 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $160K | $69K | 75x |
| Short | Binance ATHUSDT | 0.005428 | 0.0100 | get 0.0050% / 4h | 3h 32m | $3.2M | $4.2M | 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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 33 min ago | 6.38 bp | 25.0 bp −$25 | 66.1 bp −$661 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.66 bp | 30.7 bp −$31 | 85.1 bp −$851 | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.1708% | 1h | 0.005429 | −0.252% | $17K | $109K | 10x | as long as short |
| Variational Omni ATH | −0.0109% | 4h | 0.005444 | +0.011% | $183K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005449 | +0.113% | $11K | $59 | 5x | as long as short |
| BloFin ATH-USDTlong | +0.0100% | 4h | 0.005443 | long leg | $160K | $69K | 75x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005429 | −0.258% | $4K | $42K | 5x | as long as short |
| Binance ATHUSDTshort | +0.0100% | 4h | 0.005428 | −0.276% | $3.2M | $4.2M | 50x | |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005415 | −0.514% | $4.3M | $2.6M | 25x | as long as short |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005419 | −0.441% | $694K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005421 | −0.404% | $774K | $606K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005429 | −0.257% | $8.8M | $673K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005427 | −0.294% | $545K | $79K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005417 | −0.478% | $1.5M | $915K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005421 | −0.404% | — | $21.3M | — | as long as short |
BloFin ATH-USDT
Binance ATHUSDT
Kraken Futures PF_ATHUSD
Variational Omni ATH
Aster ATHUSDT
Bybit ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
MEXC ATH_USDT
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT