Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.101%71s7-day average +0.011% · you sell dearer than you buy
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−$960.962% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.101%, 7d avg +0.011%
=The price spread pays, funding is against you. BloFin is 0.090% dearer against Binance than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.011%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 28 days. The two prices were read 71 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 BLURUSDT | 0.01987 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $2.0M | $3.6M | 50x |
| Short | BloFin BLUR-USDT | 0.01989 | 0.0089 | get 0.0045% / 4h | 3h 26m | $343K | $2K | 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
- −$2.26
- Price spread: +0.101% → +0.011%
- $9.01
- Slippage, 4 orders
- −$74.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$89.47
- Costs to cover
- 0.962%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 56 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, 10 min ago | 2.52 bp | 26.0 bp −$26 | 112.5 bp −$1,125 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 2.51 bp | 21.0 bp −$21 | 64.3 bp −$643 | doesn't fit | doesn't fit |
BLUR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | +0.554% | $1K | $212 | 5.5x | as long as short |
| BloFin BLUR-USDTshort | +0.0089% | 4h | 0.01989 | +0.101% | $343K | $2K | 50x | |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01987 | −0.015% | $1.3M | $429K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01988 | +0.033% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDTlong | +0.0100% | 4h | 0.01987 | long leg | $2.0M | $3.6M | 50x | |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01985 | −0.106% | $1.2M | $1.0M | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01987 | 0.000% | $986K | $1.7M | 20x | as long as short |
| Gate BLUR_USDT | +0.0100% | 4h | 0.01987 | 0.000% | $796K | $251K | 50x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01986 | −0.050% | $1.0M | $116K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.01988 | +0.050% | $573K | $132K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BLURUSDT | +0.0100% | 4h | 0.01988 | +0.050% | $821K | $499K | 50x | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.01985 | −0.084% | $1K | $849 | — | as long as short |
| BingX BLUR-USDT | +0.0200% | 4h | 0.01988 | +0.050% | — | $13.3M | — | as long as short |
| dYdX BLUR-USD | +0.0206% | 1h | 0.01986 | −0.068% | $26K | $328 | 5x | as long as short |
| Kraken Futures PF_BLURUSD | +0.3725% | 1h | 0.01994 | +0.367% | $12K | $6K | 10x | as long as short |
Binance BLURUSDT
BloFin BLUR-USDT
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
Gate BLUR_USDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
Variational Omni BLUR
BingX BLUR-USDT
Kraken Futures PF_BLURUSD