Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.074%101s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as 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−$610.611% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.074%, 7d avg +0.005%
=The price spread pays, funding is against you. Binance is 0.069% dearer against BloFin than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.005%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.001% in total) that is about 14 months. The two prices were read 101 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 CHZ-USDT | 0.01595 | 0.0123 | pay 0.0123% / 8h | 1h 49m | $329K | $26K | 75x |
| Short | Binance CHZUSDT | 0.01596 | 0.0100 | get 0.0100% / 8h | 1h 49m | $6.8M | $12.4M | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.79
- Price spread: +0.074% → +0.005%
- $6.87
- Slippage, 4 orders
- −$39.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58.98
- Costs to cover
- 0.611%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Binance: live order book, 6 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, 17 min ago | 3.12 bp | 15.3 bp −$15 | 21.3 bp −$213 | 193.9 bp −$19.4K | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.13 bp | 14.0 bp −$14 | 31.9 bp −$319 | 317.2 bp −$31.7K | doesn't fit |
CHZ 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CHZUSD | −0.0001% | 1h | 0.01600 | +0.290% | $70K | $73K | 25x | as long as short |
| dYdX CHZ-USD | 0.0000% | 1h | 0.01597 | +0.108% | $3K | $647 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −1.317% | $1K | $7 | 5.5x | as long as short |
| Aster CHZUSDT | +0.0100% | 8h | 0.01596 | +0.036% | $21K | $23K | 10x | as long as short |
| Binance CHZUSDTshort | +0.0100% | 8h | 0.01596 | +0.074% | $6.8M | $12.4M | 75x | |
| Bybit CHZUSDT | +0.0100% | 8h | 0.01596 | +0.063% | $4.1M | $1.3M | 75x | as long as short |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01596 | +0.063% | $1.6M | $3.1M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01596 | +0.063% | $326K | $343K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01595 | 0.000% | $4.3M | $1.0M | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01594 | −0.063% | $749K | $163K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CHZUSDT | +0.0100% | 8h | 0.01596 | +0.063% | $3.8M | $746K | 75x | as long as short |
| BingX CHZ-USDT | +0.0100% | 8h | 0.01596 | +0.063% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01593 | −0.111% | $3K | $5K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01596 | +0.063% | $47K | $675K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01598 | +0.188% | $306 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01598 | +0.188% | $53K | $83K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01596 | +0.069% | $6K | $279K | 10x | as long as short |
| BloFin CHZ-USDTlong | +0.0123% | 8h | 0.01595 | long leg | $329K | $26K | 75x | |
| GMX CHZ/USD [ETH-USDC] | L +0.0288% / S −0.0085% | 1h | 0.01598 | +0.201% | $6K | — | 50x | as long as short |
BloFin CHZ-USDT
Binance CHZUSDT
Kraken Futures PF_CHZUSD
Injective CHZ/USDC PERP
Aster CHZUSDT
Bybit CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
KuCoin CHZUSDTM
Bitget CHZUSDT
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
GMX CHZ/USD [ETH-USDC]