Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Binance+0.111%651s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as 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−$1111.109% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)−0.127%−$13 · spread now +0.111%, 7d avg +0.012%
=The price spread pays, funding is against you. BloFin is 0.099% dearer against Binance than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of +0.012%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.021% in total) that is about 33 days. The two prices were read 651 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 BABYUSDT | 0.01233 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $3.3M | $4.1M | 50x |
| Short | BloFin BABY-USDT | 0.01234 | 0.0071 | get 0.0035% / 4h | 2h 38m | $253K | $25K | 50x |
Funding 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
- −$6.11
- Price spread: +0.111% → +0.012%
- $9.89
- Slippage, 4 orders
- −$88.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$107.16
- Costs to cover
- 1.109%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 22 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, 13 min ago | 4.06 bp | 27.8 bp −$28 | 272.5 bp −$2,725 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 12.14 bp | 32.4 bp −$32 | 92.4 bp −$924 | doesn't fit | doesn't fit |
BABY on 12 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 BABY-USDTshort | +0.0071% | 4h | 0.01234 | +0.111% | $253K | $25K | 50x | |
| Hyperliquid BABY | +0.0100% | 1h | 0.01234 | +0.078% | $125K | $92K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01234 | +0.087% | $5K | $9K | 5x | as long as short |
| Binance BABYUSDTlong | +0.0100% | 4h | 0.01233 | long leg | $3.3M | $4.1M | 50x | |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01232 | −0.027% | $809K | $727K | 25x | as long as short |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01232 | −0.060% | $366K | $547K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01233 | +0.030% | $141K | $102K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01232 | −0.052% | $1.1M | $136K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01232 | −0.052% | $446K | $57K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01232 | −0.052% | $522K | $171K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01233 | +0.030% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01234 | +0.087% | $1K | $219K | 5x | as long as short |
Binance BABYUSDT
BloFin BABY-USDT
Hyperliquid BABY
Aster BABYUSDT
Bybit BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDT
Extended BABY-USD