Funding you earn now, next payment 07:00 UTC−0.0077%/8h= −8.5% APRpaid last 24h −0.033%
Price spread now: Arcus against BloFin−0.028%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 4 days (all we have)−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.028%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.038% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BNB-USDT | 786.92 | 0.0177 | pay 0.0177% / 8h | 1h 00m | $17.7M | $2.2M | 75x |
| Short | Arcus BNB-USD | 786.70 | 0.0100 | get 0.0013% / 1h | 0m 39s | $52K | $129K | 10x |
BloFin BNB-USDT
Arcus BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$16.24
- Price spread: −0.028% → +0.010%
- −$3.76
- Slippage, 4 orders
- −$13.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$50.11
- Costs to cover
- 0.301%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Arcus: live order book, 42 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, 3 min ago | 0.13 bp | 6.1 bp −$6 | 6.6 bp −$66 | 11.0 bp −$1,103 | doesn't fit |
| Sell Arcus live order book, 42 min ago | 2.54 bp | 10.4 bp −$10 | 21.7 bp −$217 | doesn't fit | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0170% / S +0.0337% | 1h | 786.23 | −0.088% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.78 | −0.018% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.83 | +0.116% | $850K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.29 | −0.080% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.309% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0047% | 8h | 786.57 | −0.044% | — | $22.4M | — | as long as short |
| Aster BNBUSDT | +0.0048% | 8h | 786.80 | −0.016% | $6.1M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0057% | 8h | 787.50 | +0.074% | $81.0M | $12.1M | 200x | as long as short |
| Binance BNBUSDT | +0.0057% | 8h | 786.77 | −0.019% | $489.0M | $821.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0065% | 1h | 786.64 | −0.035% | $159K | $62K | 10x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
dYdX BNB-USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0075% | 8h | 786.83 | −0.011% | $68.7M | $51.1M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 787.43 | +0.065% | $564K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.42 | −0.063% | $2.7M | $3.9M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.15 | −0.098% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.85 | −0.009% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.50 | −0.054% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.10 | −0.104% | $138.3M | $75.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.10 | −0.104% | $53.5M | $113.1M | 50x | as long as short |
| Arcus BNB-USDshort | +0.0100% | 1h | 786.70 | −0.028% | $52K | $129K | 10x | |
| Gate BNB_USDT | +0.0100% | 8h | 786.40 | −0.066% | $37.9M | $59.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.85 | −0.136% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.04 | −0.112% | $76.7M | $31.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.65 | −0.034% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.91 | −0.128% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.27 | +0.045% | $4.1M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.69 | +0.098% | $159K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.26 | −0.084% | $131K | $953K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.32 | −0.076% | $264K | $460K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.05 | +0.017% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.89 | −0.004% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.50 | −0.053% | $387K | $977K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.77 | −0.019% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.89 | −0.003% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.00 | −0.117% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.31 | −0.078% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0117% | 8h | 786.90 | −0.003% | $171K | $2.7M | 4.8x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 787.76 | +0.107% | $169K | $35K | 10x | as long as short |
| BloFin BNB-USDTlong | +0.0177% | 8h | 786.92 | long leg | $17.7M | $2.2M | 75x | |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.73 | −0.024% | $1.5M | $145K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 786.23 | −0.088% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0227% | 8h | 787.38 | +0.058% | $2.9M | $28.6M | 10x | as long as short |
| Bulk BNB-USD | +0.0230% | 1h | 786.88 | −0.005% | $638K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 787.10 | +0.023% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0321% | 1h | 786.00 | −0.116% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 786.76 | −0.020% | $1.1M | $915K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0464% | 1h | 786.60 | −0.041% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Phoenix BNB
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P