Funding you earn now, next payment 09:00 UTC−0.6024%/8h= −659.6% APRpaid last 24h −0.339%
Price spread now: Bluefin against Binance−0.409%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.845%−$384 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$181 a day on $10k at the current rate, and Bluefin is 0.409% cheaper against Binance than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -3.845% in total (about -200.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DEEPUSDT | 0.01955 | 0.0100 | pay 0.0050% / 4h | 3h 35m | $2.1M | $5.7M | 50x |
| Short | Bluefin DEEP-PERP | 0.01947 | −0.5924 | pay 0.0740% / 1h | 35m 40s | $79K | $11K | 20x |
Binance DEEPUSDT
Bluefin DEEP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin 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
- −$1,264.99
- Price spread: −0.409% → 0.000%
- −$40.92
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$1,322.91
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 min ago; Bluefin: no order-book sample. Net counts fees only.
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, 2 min ago | 2.55 bp | 26.1 bp −$26 | 118.2 bp −$1,182 | doesn't fit | doesn't fit |
| Sell Bluefin no order-book sample | — | — | — | — | — |
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERPshort | −0.5924% | 1h | 0.01947 | −0.409% | $79K | $11K | 20x | |
| Binance DEEPUSDTlong | +0.0100% | 4h | 0.01955 | long leg | $2.1M | $5.7M | 50x | |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01950 | −0.256% | $4.2M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01954 | −0.051% | $301K | $68K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01955 | 0.000% | $1.0M | $433K | 100x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01954 | −0.051% | $826K | $526K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01953 | −0.102% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01950 | −0.247% | $14K | $8K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01954 | −0.026% | $3K | $250K | 5x | as long as short |
| KuCoin DEEPUSDTM | +0.0116% | 4h | 0.01961 | +0.307% | $1.8M | $87K | 20x | as long as short |
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEP
Extended DEEP-USD
KuCoin DEEPUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEEP-USDT | +0.0126% | 8h | 0.01954 | −0.051% | $133K | $30K | 50x | as long as short |
| Kraken Futures PF_DEEPUSD | +0.0588% | 1h | 0.01956 | +0.047% | $8K | $9K | 10x | as long as short |
BloFin DEEP-USDT
Kraken Futures PF_DEEPUSD