Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.015%
Price spread now: Binance against BloFin−0.405%81s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as 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−$880.879% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.405%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.401% cheaper against BloFin than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.004%). 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 | BloFin EGLD-USDT | 4.2910 | 0.0220 | pay 0.0220% / 8h | 2h 28m | $214K | $570K | 75x |
| Short | Binance EGLDUSDT | 4.2736 | 0.0100 | get 0.0100% / 8h | 2h 28m | $4.4M | $25.2M | 75x |
BloFin EGLD-USDT
Binance EGLDUSDTFunding 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
- −$25.2
- Price spread: −0.405% → −0.004%
- −$40.06
- Slippage, 4 orders
- −$65.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.18
- Costs to cover
- 0.879%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 63 min ago; Binance: live order book, 13 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, 63 min ago | 2.29 bp | 17.4 bp −$17 | 29.5 bp −$295 | 172.7 bp −$17.3K | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.33 bp | 29.6 bp −$30 | 85.3 bp −$853 | 298.5 bp −$29.8K | doesn't fit |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0185% | 1h | 4.2820 | −0.210% | $440K | $713K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −14.705% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDTshort | +0.0100% | 8h | 4.2736 | −0.405% | $4.4M | $25.2M | 75x | |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.2770 | −0.326% | $2.5M | $8.2M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.2790 | −0.280% | $441K | $657K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.2760 | −0.350% | $3.9M | $3.0M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.2820 | −0.210% | $2.8M | $1.2M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.2780 | −0.303% | $2.1M | $3.9M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.2833 | −0.179% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.2910 | long leg | $214K | $570K | 75x |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0321% | 8h | 4.2760 | −0.350% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0326% | 8h | 4.2740 | −0.396% | $593K | $4.4M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP