Funding you earn now, next payment 12:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance+0.099%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$990.992% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.099%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.098% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EULUSDT | 1.3522 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $3.0M | $6.8M | 25x |
| Short | BloFin EUL-USDT | 1.3535 | 0.0144 | get 0.0072% / 4h | 1h 56m | $287K | $10K | 25x |
Binance EULUSDT
BloFin EUL-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
- $9.29
- Price spread: +0.099% → +0.001%
- $9.79
- Slippage, 4 orders
- −$77.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.16
- Costs to cover
- 0.992%
- Break-even
- 67.4 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 50 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, 5 min ago | 0.37 bp | 21.6 bp −$22 | 160.1 bp −$1,601 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 1.10 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EULUSDT | +0.0100% | 4h | 1.3542 | +0.149% | $35K | $14K | 5x | as long as short |
| Binance EULUSDTlong | +0.0100% | 4h | 1.3522 | long leg | $3.0M | $6.8M | 25x | |
| Bybit EULUSDT | +0.0100% | 4h | 1.3541 | +0.143% | $1.6M | $1.5M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.3541 | +0.143% | $285K | $764K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.3520 | −0.012% | $422K | $147K | 20x | as long as short |
| KuCoin EULUSDTM | +0.0100% | 4h | 1.3545 | +0.173% | $285K | $93K | 25x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.3560 | +0.284% | $2.1M | $513K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.3525 | +0.025% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.3546 | +0.183% | $11K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0101% | 4h | 1.3532 | +0.075% | $16K | $275K | 10x | as long as short |
Aster EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
KuCoin EULUSDTM
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDTshort | +0.0144% | 4h | 1.3535 | +0.099% | $287K | $10K | 25x | |
| HTX EUL-USDT | +0.0338% | 4h | 1.3606 | +0.624% | $123K | $49K | 10x | as long as short |
HTX EUL-USDT