Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.011%
Price spread now: BloFin against BingX+0.405%96s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as 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−$960.963% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.405%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.407% dearer against BingX than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour. The two prices were read 96 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 | BingX BLUR-USDT | 0.01977 | 0.0100 | pay 0.0050% / 4h | 2h 55m | — | $3.4M | — |
| Short | BloFin BLUR-USDT | 0.01985 | 0.0128 | get 0.0064% / 4h | 2h 55m | $273K | $3K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $5.79
- Price spread: +0.405% → −0.003%
- $40.74
- Slippage, 4 orders
- −$74.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.74
- Costs to cover
- 0.963%
- Break-even
- 67.1 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 61 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 BingX live order book, 4 min ago | 7.56 bp | 30.2 bp −$30 | 62.6 bp −$626 | 674.2 bp −$67.4K | 1037.8 bp −$518.9K |
| Sell BloFin live order book, 61 min ago | 7.56 bp | 20.5 bp −$20 | 60.6 bp −$606 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX BLUR-USD | 0.0000% | 1h | 0.01985 | +0.410% | $25K | $328 | 5x | as long as short |
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | +1.062% | $1K | $212 | 5.5x | as long as short |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01980 | +0.157% | $1.3M | $414K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01981 | +0.198% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.01978 | +0.072% | $2.0M | $3.6M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01977 | −0.025% | $1.2M | $890K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01977 | 0.000% | $984K | $1.6M | 20x | as long as short |
| Gate BLUR_USDT | +0.0100% | 4h | 0.01984 | +0.354% | $797K | $213K | 50x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01976 | −0.051% | $987K | $109K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.01981 | +0.202% | $567K | $127K | 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 | 0.01977 | 0.000% | $773K | $505K | 50x | as long as short |
| BingX BLUR-USDTlong | +0.0100% | 4h | 0.01977 | long leg | — | $3.4M | — | |
| Variational Omni BLUR | +0.0100% | 8h | 0.01984 | +0.352% | $1K | $849 | — | as long as short |
| BloFin BLUR-USDTshort | +0.0128% | 4h | 0.01985 | +0.405% | $273K | $3K | 50x | |
| Kraken Futures PF_BLURUSD | +0.2931% | 1h | 0.01989 | +0.626% | $11K | $8K | 10x | as long as short |
BingX BLUR-USDT
BloFin BLUR-USDT
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
Gate BLUR_USDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
Variational Omni BLUR
Kraken Futures PF_BLURUSD