Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance−0.024%81s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as 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−$1201.196% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.024%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.039% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.016%). 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 | Binance AWEUSDT | 0.06410 | 0.0100 | pay 0.0050% / 4h | 19m 50s | $2.2M | $1.3M | 40x |
| Short | BloFin AWE-USDT | 0.06408 | 0.0083 | get 0.0042% / 4h | 19m 50s | $143K | $27K | 40x |
Binance AWEUSDT
BloFin AWE-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
- −$3.51
- Price spread: −0.024% → +0.016%
- −$3.93
- Slippage, 4 orders
- −$97.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$127.06
- Costs to cover
- 1.196%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 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, 15 min ago | 2.35 bp | 31.6 bp −$32 | 129.5 bp −$1,295 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 6.24 bp | 27.1 bp −$27 | 89.1 bp −$891 | doesn't fit | doesn't fit |
AWE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AWE-USDTshort | +0.0083% | 4h | 0.06408 | −0.024% | $143K | $27K | 40x | |
| Aster AWEUSDT | +0.0100% | 4h | 0.06410 | +0.001% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDTlong | +0.0100% | 4h | 0.06410 | long leg | $2.2M | $1.3M | 40x | |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06415 | +0.086% | $537K | $217K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06409 | −0.008% | $1.1M | $133K | 20x | as long as short |
| KuCoin AWEUSDTM | +0.0100% | 4h | 0.06413 | +0.054% | $144K | $51K | 20x | as long as short |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06412 | +0.031% | $446K | $238K | 40x | as long as short |
| BingX AWE-USDT | +0.0100% | 4h | 0.06411 | +0.023% | — | $6.6M | — | as long as short |
| Gate AWE_USDT | +0.0362% | 8h | 0.06412 | +0.039% | $46K | $27K | 25x | as long as short |
Aster AWEUSDT
Bybit AWEUSDT
MEXC AWE_USDT
KuCoin AWEUSDTM
Bitget AWEUSDT
BingX AWE-USDT
Gate AWE_USDT