Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against BloFin−0.034%81s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.034% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 81 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 NOW-USDT | 138.05 | 0.0212 | pay 0.0212% / 8h | 4h 37m | $46K | $17K | 20x |
| Short | Binance NOWUSDT | 138.00 | 0.0192 | get 0.0192% / 8h | 4h 37m | $1.8M | $1.4M | 20x |
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
- −$4.34
- Price spread: −0.034% → 0.000%
- −$3.41
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.74
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 1.09 bp | 15.6 bp −$16 | 63.0 bp −$630 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NOW on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NOW-USD | 0.0000% | 1h | 137.84 | −0.152% | $1.1M | $1.7M | 10x | as long as short |
| Aster NOWUSDT | 0.0000% | 8h | 138.48 | +0.310% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 138.00 | −0.036% | $492K | $227K | 20x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.97 | −0.058% | $248K | $351K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.92 | −0.094% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.98 | −0.051% | $530 | $386K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 137.85 | −0.145% | $5K | $32K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.91 | −0.101% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.268% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.85 | −0.145% | — | — | 25x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.77 | −0.203% | $317K | $618K | 20x | as long as short |
| Binance NOWUSDTshort | +0.0192% | 8h | 138.00 | −0.034% | $1.8M | $1.4M | 20x | |
| BloFin NOW-USDTlong | +0.0212% | 8h | 138.05 | long leg | $46K | $17K | 20x | |
| Bybit NOWUSDT | +0.0255% | 8h | 138.09 | +0.029% | $1.6M | $4.3M | 25x | as long as short |
| tradeXYZ xyz:NOW | +0.0278% | 1h | 137.87 | −0.130% | $2.1M | $226K | 10x | as long as short |
| GRVT NOW_USDT_Perp | +0.0452% | 8h | 138.02 | −0.022% | $552 | $149K | 10x | as long as short |
BloFin NOW-USDT
Binance NOWUSDT
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
KuCoin NOWUSDTM
Bybit NOWUSDT
tradeXYZ xyz:NOW
GRVT NOW_USDT_Perp