Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.068%91s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as 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−$710.706% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now +0.068%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.064% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 91 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 ESPUSDT | 0.09402 | 0.0100 | pay 0.0050% / 4h | 3h 49m | $2.4M | $4.1M | 25x |
| Short | BloFin ESP-USDT | 0.09408 | 0.0095 | get 0.0048% / 4h | 3h 49m | $125K | $33K | 25x |
Binance ESPUSDT
BloFin ESP-USDTFunding 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
- −$1.05
- Price spread: +0.068% → +0.005%
- $6.37
- Slippage, 4 orders
- −$48.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$65.32
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 39 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, 2 min ago | 0.53 bp | 17.9 bp −$18 | 67.7 bp −$677 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 39 min ago | 1.07 bp | 18.9 bp −$19 | 47.5 bp −$475 | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0036% | 4h | 0.09405 | +0.036% | — | $1.7M | — | as long as short |
| BloFin ESP-USDTshort | +0.0095% | 4h | 0.09408 | +0.068% | $125K | $33K | 25x | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09409 | +0.076% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09402 | long leg | $2.4M | $4.1M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09410 | +0.090% | $596K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09417 | +0.164% | $175K | $591K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09402 | +0.004% | $1.3M | $120K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09409 | +0.079% | $1.5M | $45K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09407 | +0.062% | $945K | $136K | 20x | as long as short |
| Bybit ESPUSDT | +0.0101% | 4h | 0.09400 | −0.017% | $1.1M | $612K | 50x | as long as short |
BingX ESP-USDT
Aster ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
Bybit ESPUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ESPUSDC | +0.0119% | 4h | 0.09410 | +0.090% | $29K | $267K | 10x | as long as short |
edgeX ESPUSDC