BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against BloFin+0.080%81s7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as 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−$800.797% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.080%, 7d avg −0.019%

Together, before fees−0.062%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.099% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.019%. 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 BASED-USDT	0.06771	0.0073	pay 0.0037% / 4h	1h 34m	$250K	$37K	25x
Short	Binance BASEDUSDT	0.06776	0.0100	get 0.0050% / 4h	1h 34m	$4.2M	$2.9M	25x

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

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.080%Rate

Funding earned: $5.61
Price spread: +0.080% → −0.019%: $9.86
Slippage, 4 orders: −$57.75
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$64.28
Costs to cover: 0.797%
Break-even: 87.2 days

Slippage from BloFin: live order book, 42 min ago; Binance: live order book, 3 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, 42 min ago	0.74 bp	20.8 bp −$21	62.3 bp −$623	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	1.47 bp	20.9 bp −$21	99.9 bp −$999	doesn't fit	doesn't fit

BASED on 15 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
BloFin BASED-USDTlong	+0.0073%	4h	0.06771	long leg	$250K	$37K	25x
Binance BASEDUSDTshort	+0.0100%	4h	0.06776	+0.080%	$4.2M	$2.9M	25x
Bybit BASEDUSDT	+0.0100%	4h	0.06762	−0.133%	$2.1M	$579K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06770	−0.015%	$2.6M	$3.4M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06770	−0.015%	$538K	$522K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06773	+0.030%	$4.8M	$646K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06768	−0.044%	$567K	$108K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06777	+0.089%	$1.3M	$362K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06767	−0.059%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06768	−0.041%	$93K	$22K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06730	−0.606%	$97K	$354K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06772	+0.015%	$1K	$801K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06772	+0.008%	$5K	$226K	5x	as long as short
Aster BASEDUSDT	+0.0144%	4h	0.06769	−0.032%	$28K	$6K	5x	as long as short
Orderly PERP_BASED_USDC	+0.0340%	4h	0.06770	−0.015%	$3K	$652	10x	as long as short