Settings8H · net · $10k
Funding arb · Price arb /

ATH

all ATH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin−0.018%101s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$980.979% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.018%, 7d avg −0.046%
Together, before fees+0.065%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.028% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.046%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ATH-USDT0.0055040.0078pay 0.0039% / 4h1h 05m$163K$71K75x
ShortBinance ATHUSDT0.0055030.0100get 0.0050% / 4h1h 05m$3.3M$4.3M50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.54
Price spread: −0.018% → −0.046%
$2.82
Slippage, 4 orders
−$75.87
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$90.51
Costs to cover
0.979%
Break-even
146.5 days
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago3.63 bp21.8 bp −$2268.7 bp −$687doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago3.63 bp30.2 bp −$3091.9 bp −$919doesn't fitdoesn't fit

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.2383%1h0.005489−0.273%$17K$109K10xas long as short
Variational Omni ATH−0.0100%4h0.005492−0.226%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005510+0.111%$11K$595xas long as short
BloFin ATH-USDTlong+0.0078%4h0.005504long leg$163K$71K75x
Aster ATHUSDT+0.0100%4h0.005499−0.098%$5K$41K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005503−0.018%$3.3M$4.3M50x
Bybit ATHUSDT+0.0100%4h0.005489−0.273%$4.3M$2.7M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005492−0.218%$706K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005489−0.273%$786K$617K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005503−0.018%$8.9M$677K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005494−0.182%$553K$80K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005496−0.145%$1.5M$909K25xas long as short
BingX ATH-USDT+0.0100%4h0.005498−0.109%$21.3Mas long as short