BANK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.058%

Price spread now: BloFin against Binance+0.107%51s7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as 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−$590.591% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.107%, 7d avg +0.052%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.055% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.052%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BANKUSDT	0.03522	0.0100	pay 0.0050% / 4h	38m 23s	$8.0M	$32.6M	50x
Short	BloFin BANK-USDT	0.03526	0.0340	get 0.0170% / 4h	38m 23s	$454K	$161K	50x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now +0.107%Rate

Funding earned: $50.4
Price spread: +0.107% → +0.052%: $5.48
Slippage, 4 orders: −$37.08
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$3.19
Costs to cover: 0.591%
Break-even: 7.4 days

Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 37 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, 3 min ago	2.84 bp	14.4 bp −$14	58.5 bp −$585	doesn't fit	doesn't fit
Sell BloFin live order book, 37 min ago	1.42 bp	12.3 bp −$12	32.2 bp −$322	doesn't fit	doesn't fit

BANK on 11 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
Aster BANKUSDT	+0.0100%	4h	0.03520	−0.071%	$56K	$119K	5x	as long as short
Binance BANKUSDTlong	+0.0100%	4h	0.03522	long leg	$8.0M	$32.6M	50x
Bybit BANKUSDT	+0.0100%	4h	0.03524	+0.050%	$2.9M	$6.7M	20x	as long as short
MEXC BANK_USDT	+0.0100%	4h	0.03524	+0.050%	$2.6M	$612K	20x	as long as short
KuCoin BANKUSDTM	+0.0100%	4h	0.03521	−0.035%	$1.2M	$189K	50x	as long as short
HTX BANK-USDT	+0.0100%	4h	0.03525	+0.078%	$36K	$276K	20x	as long as short
edgeX BANKUSDC	+0.0117%	4h	0.03524	+0.037%	$1K	$241K	5x	as long as short
Bitget BANKUSDT	+0.0312%	4h	0.03526	+0.107%	$2.8M	$3.4M	25x	as long as short
BingX BANK-USDT	+0.0326%	4h	0.03521	−0.035%	—	$6.9M	—	as long as short
BloFin BANK-USDTshort	+0.0340%	4h	0.03526	+0.107%	$454K	$161K	50x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BANK_USDT	+0.0476%	4h	0.03523	+0.021%	$717K	$1.4M	10x	as long as short