Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance−0.096%381s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$810.815% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.194%+$19 · spread now −0.096%, 7d avg +0.006%
=Funding pays, the price is against you. BloFin is 0.102% cheaper against Binance than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.006%). If the spread goes back, that is −$10 on $10k: about 8.2 days of funding at the current rate (+$1 a day). The two prices were read 381 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 | Binance ALTUSDT | 0.007559 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $2.6M | $3.7M | 50x |
| Short | BloFin ALT-USDT | 0.007552 | 0.0141 | get 0.0071% / 4h | 2h 42m | $172K | $10K | 50x |
Binance ALTUSDT
BloFin ALT-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
- $8.68
- Price spread: −0.096% → +0.006%
- −$10.2
- Slippage, 4 orders
- −$59.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.99
- Costs to cover
- 0.815%
- Break-even
- 73.9 days
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 9 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, 8 min ago | 1.33 bp | 18.8 bp −$19 | 126.7 bp −$1,267 | 9050.2 bp −$905.0K | doesn't fit |
| Sell BloFin live order book, 9 min ago | 1.99 bp | 19.8 bp −$20 | 56.8 bp −$568 | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ALT | +0.0100% | 1h | 0.007563 | +0.049% | $1.1M | $188K | 3x | as long as short |
| Binance ALTUSDTlong | +0.0100% | 4h | 0.007559 | long leg | $2.6M | $3.7M | 50x | |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007557 | −0.030% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007558 | −0.017% | $52K | $397K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007566 | +0.089% | $405K | $184K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007573 | +0.181% | $150K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007565 | +0.076% | $600K | $114K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007561 | +0.023% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007546 | −0.178% | $5K | $13K | — | as long as short |
| BloFin ALT-USDTshort | +0.0141% | 4h | 0.007552 | −0.096% | $172K | $10K | 50x |
Hyperliquid ALT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Variational Omni ALTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | +0.0208% | 1h | 0.007573 | +0.187% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0279% | 1h | 0.007572 | +0.168% | — | $0 | 25x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0432% | 1h | 0.007598 | +0.512% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007604 | +0.591% | $827 | $4K | 5.5x | as long as short |
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP