Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.3349%/8h= +366.8% APRpaid last 24h +0.410%
Price spread now: Binance against Bluefin+0.117%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+3.864%+$386 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$100 a day on $10k at the current rate, and Binance is 0.117% dearer against Bluefin than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin DEEP-PERP0.01932−0.3249get 0.0406% / 1h33m 18s$79K$11K20x
ShortBinance DEEPUSDT0.019340.0100get 0.0050% / 4h2h 33m$2.0M$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bluefin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$703.39
Price spread: +0.117% → 0.000%
$11.73
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
$698.12
Costs to cover
0.170%
Break-even
0.1 days
Slippage unknown: Bluefin: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bluefin no order-book sample
Sell Binance live order book, 5 min ago5.15 bp35.0 bp −$35137.9 bp −$1,379doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERPlong−0.3249%1h0.01932long leg$79K$11K20x
Binance DEEPUSDTshort+0.0100%4h0.01934+0.117%$2.0M$6.2M50x
Bybit DEEPUSDT+0.0100%8h0.01929−0.155%$4.1M$2.8M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01930−0.104%$297K$90K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01934+0.104%$1.0M$467K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01935+0.155%$1.8M$95K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01934+0.104%$811K$581K50xas long as short
BingX DEEP-USDT+0.0100%4h0.019320.000%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01940+0.399%$12K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01932−0.008%$3K$236K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEEP-USDT+0.0108%8h0.01940+0.414%$133K$32K50xas long as short
Kraken Futures PF_DEEPUSD+3.3784%1h0.01930−0.085%$8K$10K10xas long as short