Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BloFin−0.165%91s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as 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−$1781.776% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.165%, 7d avg −0.013%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.152% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 91 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 TA-USDT | 0.05468 | 0.0114 | pay 0.0057% / 4h | 3h 23m | $396K | $5K | 10x |
| Short | Binance TAUSDT | 0.05459 | 0.0100 | get 0.0050% / 4h | 3h 23m | $6.5M | $875K | 10x |
BloFin TA-USDT
Binance TAUSDTFunding 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
- −$3.04
- Price spread: −0.165% → −0.013%
- −$15.2
- Slippage, 4 orders
- −$155.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$195.86
- Costs to cover
- 1.776%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 15 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, 7 min ago | 4.57 bp | 47.7 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.91 bp | 50.9 bp −$51 | 389.9 bp −$3,899 | doesn't fit | doesn't fit |
TA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TAUSDT | +0.0100% | 4h | 0.05460 | −0.145% | $18K | $3K | 5x | as long as short |
| Binance TAUSDTshort | +0.0100% | 4h | 0.05459 | −0.165% | $6.5M | $875K | 10x | |
| Bybit TAUSDT | +0.0100% | 4h | 0.05445 | −0.421% | $2.0M | $109K | 5x | as long as short |
| Gate TA_USDT | +0.0100% | 4h | 0.05462 | −0.110% | $2.0M | $45K | 20x | as long as short |
| MEXC TA_USDT | +0.0100% | 4h | 0.05459 | −0.165% | $154K | $84K | 50x | as long as short |
| KuCoin TAUSDTM | +0.0100% | 4h | 0.05453 | −0.274% | $183K | $17K | 10x | as long as short |
| BingX TA-USDT | +0.0100% | 4h | 0.05451 | −0.311% | — | $2.3M | — | as long as short |
| Variational Omni TA | +0.0100% | 4h | 0.05448 | −0.357% | $16K | $1 | — | as long as short |
| BloFin TA-USDTlong | +0.0114% | 4h | 0.05468 | long leg | $396K | $5K | 10x |
Aster TAUSDT
Bybit TAUSDT
Gate TA_USDT
MEXC TA_USDT
KuCoin TAUSDTM
BingX TA-USDT
Variational Omni TA