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 − costs—prices read too far apart to compare
costs, in and out, $10k−$980.979% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ATH-USDT | 0.005504 | 0.0078 | pay 0.0039% / 4h | 1h 05m | $163K | $71K | 75x |
| Short | Binance ATHUSDT | 0.005503 | 0.0100 | get 0.0050% / 4h | 1h 05m | $3.3M | $4.3M | 50x |
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
- $4.54
- 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 4 min ago | 3.63 bp | 21.8 bp −$22 | 68.7 bp −$687 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 3.63 bp | 30.2 bp −$30 | 91.9 bp −$919 | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.2383% | 1h | 0.005489 | −0.273% | $17K | $109K | 10x | as long as short |
| Variational Omni ATH | −0.0100% | 4h | 0.005492 | −0.226% | $184K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005510 | +0.111% | $11K | $59 | 5x | as long as short |
| BloFin ATH-USDTlong | +0.0078% | 4h | 0.005504 | long leg | $163K | $71K | 75x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005499 | −0.098% | $5K | $41K | 5x | as long as short |
| Binance ATHUSDTshort | +0.0100% | 4h | 0.005503 | −0.018% | $3.3M | $4.3M | 50x | |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005489 | −0.273% | $4.3M | $2.7M | 25x | as long as short |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005492 | −0.218% | $706K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005489 | −0.273% | $786K | $617K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005503 | −0.018% | $8.9M | $677K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005494 | −0.182% | $553K | $80K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005496 | −0.145% | $1.5M | $909K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005498 | −0.109% | — | $21.3M | — | as long as short |
BloFin ATH-USDT
Binance ATHUSDT
Kraken Futures PF_ATHUSD
Variational Omni ATH
Aster ATHUSDT
Bybit ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
MEXC ATH_USDT
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT