Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance+0.230%71s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$830.828% of the position
Funding, last 7 days+0.332%+$33 on $10k
+Price spread, last 3 days (all we have)−0.187%−$19 · spread now +0.230%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.228% dearer against Binance than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.002%. 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 | Binance CCUSDT | 0.1172 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $11.1M | $12.0M | 75x |
| Short | BloFin CC-USDT | 0.1174 | 0.0340 | get 0.0170% / 4h | 2h 48m | $599K | $101K | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: +0.230% → +0.002%
- $22.77
- Slippage, 4 orders
- −$60.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.63
- Costs to cover
- 0.828%
- Break-even
- 8.3 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 18 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, 7 min ago | 2.13 bp | 19.5 bp −$20 | 72.4 bp −$724 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 0.84 bp | 23.1 bp −$23 | 63.6 bp −$636 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3556% | 1h | 0.1159 | −1.076% | $6K | $97 | 5.5x | as long as short |
| Bybit CCUSDT | −0.0410% | 4h | 0.1172 | +0.051% | $10.6M | $3.9M | 25x | as long as short |
| MEXC CC_USDT | −0.0410% | 4h | 0.1171 | −0.018% | $1.6M | $313K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0082% | 8h | 0.1173 | +0.088% | $1K | — | 5x | as long as short |
| Gate CC_USDT | +0.0090% | 4h | 0.1171 | −0.035% | $364K | $216K | 50x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1174 | +0.196% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1173 | +0.120% | $35K | $39K | 20x | as long as short |
| Binance CCUSDTlong | +0.0100% | 4h | 0.1172 | long leg | $11.1M | $12.0M | 75x | |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1173 | +0.102% | $2.5M | $3.6M | 20x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1173 | +0.162% | $498K | $121K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1173 | +0.153% | $929K | $804K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1172 | +0.076% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1172 | −0.001% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1172 | +0.056% | $597K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1175 | +0.299% | $81K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1171 | −0.071% | $6K | $36K | 6.7x | as long as short |
| Lighter CC | +0.0312% | 1h | 0.1176 | +0.349% | $233K | $150K | 5x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1174 | +0.230% | $599K | $101K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1172 | +0.040% | $44K | — | 50x | as long as short |
Binance CCUSDT
BloFin CC-USDT
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Gate CC_USDT
Hyperliquid CC
Aster CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Lighter CC
GMX CC/USD [WBTC.b-USDC]