Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against BloFin+0.060%61s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as 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−$720.724% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.060%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.078% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.018%. The two prices were read 61 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 MASK-USDT | 0.4887 | 0.0089 | pay 0.0045% / 4h | 14m 07s | $126K | $15K | 50x |
| Short | Binance MASKUSDT | 0.4890 | 0.0100 | get 0.0050% / 4h | 14m 07s | $2.6M | $4.0M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.23
- Price spread: +0.060% → −0.018%
- $7.79
- Slippage, 4 orders
- −$50.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.37
- Costs to cover
- 0.724%
- Break-even
- 202.9 days
Slippage from BloFin: live order book, 47 min ago; Binance: live order book, 7 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, 47 min ago | 5.16 bp | 19.6 bp −$20 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.05 bp | 19.5 bp −$19 | 81.8 bp −$818 | doesn't fit | doesn't fit |
MASK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MASK-USDTlong | +0.0089% | 4h | 0.4887 | long leg | $126K | $15K | 50x | |
| Binance MASKUSDTshort | +0.0100% | 4h | 0.4890 | +0.060% | $2.6M | $4.0M | 50x | |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4884 | −0.061% | $1.3M | $765K | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4888 | +0.020% | $523K | $861K | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4889 | +0.041% | $280K | $129K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4888 | +0.020% | $1.0M | $236K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4892 | +0.102% | $600K | $155K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4890 | +0.061% | $525K | $330K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4889 | +0.041% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4884 | −0.056% | $23K | $31 | — | as long as short |
BloFin MASK-USDT
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK