Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.149%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.149%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.158% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAUSDT | 0.07368 | −0.0221 | get 0.0110% / 4h | 2h 28m | $4.6M | $9.6M | 25x |
| Short | BloFin LA-USDT | 0.07379 | −0.0186 | pay 0.0093% / 4h | 2h 28m | $244K | $20K | 25x |
Binance LAUSDT
BloFin LA-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
- $7.32
- Price spread: +0.149% → −0.009%
- $15.79
- Slippage, 4 orders
- −$44.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.98
- Costs to cover
- 0.661%
- Break-even
- 48.1 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 53 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, 11 min ago | 0.68 bp | 16.4 bp −$16 | 57.5 bp −$575 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 4.04 bp | 15.1 bp −$15 | 37.6 bp −$376 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0606% | 4h | 0.07363 | −0.068% | $2.0M | $474K | 25x | as long as short |
| BingX LA-USDT | −0.0550% | 4h | 0.07368 | 0.000% | — | $6.6M | — | as long as short |
| Gate LA_USDT | −0.0490% | 4h | 0.07374 | +0.081% | $233K | $821K | 50x | as long as short |
| Aster LAUSDT | −0.0328% | 4h | 0.07378 | +0.136% | $51K | $25K | 5x | as long as short |
| Binance LAUSDTlong | −0.0221% | 4h | 0.07368 | long leg | $4.6M | $9.6M | 25x | |
| MEXC LA_USDT | −0.0216% | 4h | 0.07367 | −0.014% | $381K | $133K | 50x | as long as short |
| BloFin LA-USDTshort | −0.0186% | 4h | 0.07379 | +0.149% | $244K | $20K | 25x | |
| Bybit LAUSDT | −0.0154% | 4h | 0.07370 | +0.027% | $2.3M | $2.6M | 25x | as long as short |
| KuCoin LAUSDTM | −0.0060% | 4h | 0.07389 | +0.285% | $1.0M | $79K | 30x | as long as short |
| OKX LA-USDT-SWAP | −0.0037% | 4h | 0.07369 | +0.014% | $1.3M | $2.9M | 20x | as long as short |
Bitget LAUSDT
BingX LA-USDT
Gate LA_USDT
Aster LAUSDT
MEXC LA_USDT
Bybit LAUSDT
KuCoin LAUSDTM
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07379 | +0.145% | $141K | $440K | 10x | as long as short |
GRVT LA_USDT_Perp