Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin−0.047%311s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as 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−$1261.264% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.047%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.033% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 311 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 AWE-USDT | 0.06400 | 0.0160 | pay 0.0080% / 4h | 2h 44m | $144K | $25K | 40x |
| Short | Binance AWEUSDT | 0.06397 | 0.0100 | get 0.0050% / 4h | 2h 44m | $2.2M | $1.4M | 40x |
BloFin AWE-USDT
Binance AWEUSDTFunding 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
- −$12.59
- Price spread: −0.047% → −0.014%
- −$3.28
- Slippage, 4 orders
- −$104.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$142.26
- Costs to cover
- 1.264%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 5 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, 7 min ago | 1.56 bp | 23.0 bp −$23 | 84.8 bp −$848 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.56 bp | 34.8 bp −$35 | 137.0 bp −$1,370 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AWEUSDT | +0.0100% | 4h | 0.06401 | +0.011% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDTshort | +0.0100% | 4h | 0.06397 | −0.047% | $2.2M | $1.4M | 40x | |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06403 | +0.047% | $537K | $225K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06397 | −0.047% | $1.1M | $131K | 20x | as long as short |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06400 | +0.002% | $449K | $264K | 40x | as long as short |
| BingX AWE-USDT | +0.0100% | 4h | 0.06397 | −0.047% | — | $6.6M | — | as long as short |
| BloFin AWE-USDTlong | +0.0160% | 4h | 0.06400 | long leg | $144K | $25K | 40x | |
| KuCoin AWEUSDTM | +0.0566% | 4h | 0.06391 | −0.141% | $149K | $61K | 20x | as long as short |
| Gate AWE_USDT | +0.0710% | 8h | 0.06396 | −0.062% | $46K | $35K | 25x | as long as short |
Aster AWEUSDT
Bybit AWEUSDT
MEXC AWE_USDT
Bitget AWEUSDT
BingX AWE-USDT
KuCoin AWEUSDTM
Gate AWE_USDT