Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BloFin−0.560%111s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as 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−$1371.370% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.714%−$71 · spread now −0.560%, 7d avg −0.030%
=Funding pays, the price is against you. Binance is 0.530% cheaper against BloFin than usual: you would sell low and buy high (spread −0.560% now, against its 7-day average of −0.030%). If the spread goes back, that is −$53 on $10k: about 36 days of funding at the current rate (+$1 a day). The two prices were read 111 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 EPIC-USDT | 0.6391 | 0.0051 | pay 0.0026% / 4h | 19m 25s | $326K | $99K | 20x |
| Short | Binance EPICUSDT | 0.6355 | 0.0100 | get 0.0050% / 4h | 19m 25s | $6.4M | $23.8M | 20x |
Funding 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
- $10.23
- Price spread: −0.560% → −0.030%
- −$52.97
- Slippage, 4 orders
- −$114.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$179.71
- Costs to cover
- 1.370%
- Break-even
- 130.0 days
Slippage from BloFin: live order book, 16 min ago; Binance: live order book, 7 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, 16 min ago | 4.69 bp | 30.3 bp −$30 | 82.8 bp −$828 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.36 bp | 39.0 bp −$39 | 245.0 bp −$2,450 | doesn't fit | doesn't fit |
EPIC on 7 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 EPIC-USDTlong | +0.0051% | 4h | 0.6391 | long leg | $326K | $99K | 20x | |
| BingX EPIC-USDT | +0.0070% | 4h | 0.6347 | −0.688% | — | $2.6M | — | as long as short |
| Binance EPICUSDTshort | +0.0100% | 4h | 0.6355 | −0.560% | $6.4M | $23.8M | 20x | |
| Bybit EPICUSDT | +0.0100% | 4h | 0.6355 | −0.563% | $1.3M | $5.1M | 25x | as long as short |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6358 | −0.516% | $272K | $315K | 20x | as long as short |
| Bitget EPICUSDT | +0.0100% | 4h | 0.6355 | −0.563% | $5.5M | $3.3M | 10x | as long as short |
| Gate EPIC_USDT | +0.0468% | 4h | 0.6365 | −0.407% | $547K | $1.5M | 25x | as long as short |
BloFin EPIC-USDT
Binance EPICUSDT
BingX EPIC-USDT
Bybit EPICUSDT
MEXC EPIC_USDT
Bitget EPICUSDT
Gate EPIC_USDT