Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin−0.026%71s7-day average −0.005% · you buy dearer than you sell
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−$740.735% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.131%−$13 · spread now −0.026%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.021% cheaper against BloFin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 71 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 ALT-USDT | 0.007519 | 0.0096 | pay 0.0048% / 4h | 26m 06s | $171K | $10K | 50x |
| Short | Binance ALTUSDT | 0.007517 | 0.0100 | get 0.0050% / 4h | 26m 06s | $2.6M | $3.6M | 50x |
BloFin ALT-USDT
Binance ALTUSDTFunding 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
- $0.77
- Price spread: −0.026% → −0.005%
- −$2.1
- Slippage, 4 orders
- −$51.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.85
- Costs to cover
- 0.735%
- Break-even
- 690.3 days
Slippage from BloFin: live order book, 43 min ago; Binance: live order book, 10 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, 43 min ago | 3.33 bp | 14.4 bp −$14 | 52.1 bp −$521 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.33 bp | 17.2 bp −$17 | 84.9 bp −$849 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | −0.0149% | 1h | 0.007520 | +0.013% | — | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSD | −0.0089% | 1h | 0.007525 | +0.079% | $44K | $8K | 10x | as long as short |
| Variational Omni ALT | −0.0031% | 4h | 0.007512 | −0.098% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −1.835% | $815 | $4K | 5.5x | as long as short |
| BloFin ALT-USDTlong | +0.0096% | 4h | 0.007519 | long leg | $171K | $10K | 50x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007515 | −0.053% | $1.1M | $184K | 3x | as long as short |
| Binance ALTUSDTshort | +0.0100% | 4h | 0.007517 | −0.026% | $2.6M | $3.6M | 50x | |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007514 | −0.066% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007513 | −0.080% | $51K | $412K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007518 | −0.013% | $400K | $185K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
Variational Omni ALT
Injective ALT/USDC PERP
Hyperliquid ALT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007521 | +0.027% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007514 | −0.066% | $617K | $100K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007515 | −0.053% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0416% | 1h | 0.007548 | +0.386% | $14K | $3K | 50x | as long as short |
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX