BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against Binance+0.029%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$390.390% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.029%, 7d avg +0.007%

Together, before fees+0.250%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.023% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	272.28	0	get 0.0000% / 8h	2h 47m	$8.3M	$36.9M	25x
Short	BloFin BE-USDT	272.36	0.0120	get 0.0120% / 8h	2h 47m	$45K	$145K	20x

Funding 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 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.029%Rate

Funding earned: $25.2
Price spread: +0.029% → +0.007%: $2.26
Slippage, 4 orders: −$16.97
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$11.51
Costs to cover: 0.390%
Break-even: 10.2 days

Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 32 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, 10 min ago	0.18 bp	9.0 bp −$9	24.5 bp −$245	147.0 bp −$14.7K	doesn't fit
Sell BloFin live order book, 32 min ago	0.18 bp	13.5 bp −$14	21.0 bp −$210	doesn't fit	doesn't fit

BE on 21 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 BEUSDT	0.0000%	8h	272.14	−0.052%	$342K	$120K	20x	as long as short
Extended BE-USD	0.0000%	1h	272.13	−0.056%	$47K	$258K	10x	as long as short
Binance BEUSDTlong	0.0000%	8h	272.28	long leg	$8.3M	$36.9M	25x
Gate BE_USDT	0.0000%	8h	272.20	−0.029%	$1.4M	$3.3M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	272.30	+0.007%	$1.6M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	272.77	+0.181%	$6K	$162K	10x	as long as short
SunX BE-USDT	0.0000%	8h	272.34	+0.022%	$967	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	272.37	+0.033%	$13K	$35K	20x	as long as short
Bybit BEUSDT	+0.0014%	8h	272.43	+0.055%	$2.0M	$1.1M	25x	as long as short
QFEX BE-USD	+0.0024%	1h	272.27	−0.004%	$1.3M	$2.5M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BE-USDT-SWAP	+0.0026%	8h	272.25	−0.011%	$2.6M	$6.8M	25x	as long as short
Lighter BE	+0.0032%	1h	272.00	−0.103%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	272.17	−0.040%	$248K	$290K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	272.28	0.000%	$114K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	272.34	+0.022%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	272.12	−0.059%	$5.9M	$2.7M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0056%	1h	271.77	−0.187%	$475K	$136K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	272.29	+0.004%	$368K	$17K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	272.19	−0.034%	—	—	10x	as long as short
BloFin BE-USDTshort	+0.0120%	8h	272.36	+0.029%	$45K	$145K	20x
Deribit BE_USDC-PERPETUAL	+0.0338%	1h	272.21	−0.026%	$6K	$4K	10x	as long as short