Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Binance−0.037%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.037%, 7d avg +0.006%
=Funding pays, the price is against you. BloFin is 0.042% cheaper against Binance than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.006%). If the spread goes back, that is −$4 on $10k: about 8.5 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTCDOMUSDT | 5,162.2 | 0.0100 | pay 0.0100% / 8h | 1h 27m | $14.2M | $3.6M | 20x |
| Short | BloFin BTCDOM-USDT | 5,160.3 | 0.0117 | get 0.0117% / 8h | 1h 27m | $1.3M | $277K | 20x |
Binance BTCDOMUSDT
BloFin BTCDOM-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.48
- Price spread: −0.037% → +0.006%
- −$4.24
- Slippage, 4 orders
- −$16.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.88
- Costs to cover
- 0.381%
- Break-even
- 85.2 days
Slippage from Binance: live order book, 13 min ago; BloFin: 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 Binance live order book, 13 min ago | 0.10 bp | 10.1 bp −$10 | 17.1 bp −$171 | 108.2 bp −$10.8K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.10 bp | 11.9 bp −$12 | 15.6 bp −$156 | doesn't fit | doesn't fit |
BTCDOM on 3 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 BTCDOMUSDT | +0.0100% | 8h | 5,159.8 | −0.047% | $629 | $3K | 5x | as long as short |
| Binance BTCDOMUSDTlong | +0.0100% | 8h | 5,162.2 | long leg | $14.2M | $3.6M | 20x | |
| BloFin BTCDOM-USDTshort | +0.0117% | 8h | 5,160.3 | −0.037% | $1.3M | $277K | 20x |
Aster BTCDOMUSDT