Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Binance−0.085%81s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as 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−$740.741% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.317%+$32 · spread now −0.085%, 7d avg +0.003%
=Funding pays, the price is against you. BloFin is 0.088% cheaper against Binance than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of +0.003%). If the spread goes back, that is −$9 on $10k: about 2.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 81 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 EGLDUSDT | 4.2726 | 0.0100 | pay 0.0100% / 8h | 1h 03m | $4.6M | $26.6M | 75x |
| Short | BloFin EGLD-USDT | 4.2690 | 0.0220 | get 0.0220% / 8h | 1h 03m | $219K | $469K | 75x |
Binance EGLDUSDT
BloFin EGLD-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
- $25.2
- Price spread: −0.085% → +0.003%
- −$8.77
- Slippage, 4 orders
- −$52.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$57.62
- Costs to cover
- 0.741%
- Break-even
- 23.0 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 12 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 | 2.35 bp | 15.8 bp −$16 | 44.2 bp −$442 | 399.5 bp −$40.0K | doesn't fit |
| Sell BloFin live order book, 12 min ago | 1.17 bp | 24.5 bp −$24 | 41.1 bp −$411 | 164.5 bp −$16.4K | doesn't fit |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.1495% | 1h | 4.2796 | +0.164% | $425K | $706K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −14.339% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDTlong | +0.0100% | 8h | 4.2726 | long leg | $4.6M | $26.6M | 75x | |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.2720 | −0.015% | $2.6M | $8.7M | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.2790 | +0.149% | $596K | $5.0M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.2730 | +0.008% | $510K | $681K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.2730 | +0.008% | $4.3M | $3.6M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.2800 | +0.172% | $2.5M | $1.3M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.2710 | −0.038% | $2.2M | $4.2M | 75x | as long as short |
| BingX EGLD-USDT | +0.0100% | 8h | 4.2720 | −0.015% | — | $2.9M | — | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Bybit EGLDUSDT
OKX EGLD-USDT-SWAP
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
BingX EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.2699 | −0.064% | $17K | $56K | — | as long as short |
| BloFin EGLD-USDTshort | +0.0220% | 8h | 4.2690 | −0.085% | $219K | $469K | 75x |
Variational Omni EGLD