IO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.004%

Price spread now: Binance against BloFin+0.007%71s7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as 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−$900.903% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 3 days (all we have)+0.070%+$7 · spread now +0.007%, 7d avg −0.019%

Together, before fees+0.075%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.026% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.019%. The two prices were read 71 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 IO-USDT	0.1523	0.0101	pay 0.0051% / 4h	3h 30m	$194K	$32K	50x
Short	Binance IOUSDT	0.1523	0.0100	get 0.0050% / 4h	3h 30m	$3.0M	$6.6M	50x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.007%Rate

Funding earned: −$0.3
Price spread: +0.007% → −0.019%: $2.6
Slippage, 4 orders: −$68.28
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$87.98
Costs to cover: 0.903%
Break-even: never at this rate

Slippage from BloFin: live order book, 35 min ago; Binance: live order book, 9 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, 35 min ago	13.13 bp	24.1 bp −$24	58.7 bp −$587	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	6.60 bp	21.1 bp −$21	88.9 bp −$889	doesn't fit	doesn't fit

IO on 14 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
Hyperliquid IO	+0.0100%	1h	0.1524	+0.039%	$1.0M	$383K	3x	as long as short
Aster IOUSDT	+0.0100%	4h	0.1523	−0.011%	$6K	$32K	5x	as long as short
Binance IOUSDTshort	+0.0100%	4h	0.1523	+0.007%	$3.0M	$6.6M	50x
Bybit IOUSDT	+0.0100%	4h	0.1523	0.000%	$1.1M	$894K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1522	−0.059%	$242K	$546K	50x	as long as short
MEXC IO_USDT	+0.0100%	4h	0.1523	0.000%	$1.2M	$230K	125x	as long as short
KuCoin IOUSDTM	+0.0100%	4h	0.1522	−0.066%	$376K	$673K	50x	as long as short
Bitget IOUSDT	+0.0100%	4h	0.1523	0.000%	$1.3M	$1.2M	50x	as long as short
BingX IO-USDT	+0.0100%	4h	0.1522	−0.066%	—	$1.3M	—	as long as short
Variational Omni IO	+0.0100%	4h	0.1521	−0.114%	$33K	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin IO-USDTlong	+0.0101%	4h	0.1523	long leg	$194K	$32K	50x
Extended IO-USD	+0.0104%	1h	0.1523	−0.017%	$910	$149K	5x	as long as short
Injective IO/USDC PERP	+0.0414%	1h	0.1517	−0.394%	$2K	$202	5.5x	as long as short
Kraken Futures PF_IOUSD	+0.0618%	1h	0.1526	+0.227%	$40K	$18K	10x	as long as short