Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Binance+0.044%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1221.218% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.409%+$41 · spread now +0.044%, 7d avg +0.026%
=The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HUSDT | 0.06839 | 0.0100 | pay 0.0050% / 4h | 3h 24m | $14.6M | $11.2M | 10x |
| Short | BloFin H-USDT | 0.06842 | 0.0051 | get 0.0025% / 4h | 3h 24m | $589K | $111K | 25x |
Binance HUSDT
BloFin H-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
- −$10.31
- Price spread: +0.044% → +0.026%
- $1.77
- Slippage, 4 orders
- −$99.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$130.39
- Costs to cover
- 1.218%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 6 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, 16 min ago | 0.74 bp | 31.3 bp −$31 | 263.3 bp −$2,633 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 7.30 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
H on 14 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 H/USDC PERP | +0.0033% | 1h | 0.06250 | −8.612% | $1K | $1 | 5.5x | as long as short |
| BloFin H-USDTshort | +0.0051% | 4h | 0.06842 | +0.044% | $589K | $111K | 25x | |
| Aster HUSDT | +0.0100% | 4h | 0.06836 | −0.050% | $112K | $54K | 5x | as long as short |
| Binance HUSDTlong | +0.0100% | 4h | 0.06839 | long leg | $14.6M | $11.2M | 10x | |
| Bybit HUSDT | +0.0100% | 4h | 0.06827 | −0.175% | $7.5M | $4.9M | 13x | as long as short |
| OKX H-USDT-SWAP | +0.0100% | 4h | 0.06844 | +0.073% | $1.8M | $6.3M | 10x | as long as short |
| Gate H_USDT | +0.0100% | 4h | 0.06829 | −0.146% | $2.8M | $1.8M | 10x | as long as short |
| MEXC H_USDT | +0.0100% | 4h | 0.06840 | +0.015% | $6.1M | $1.1M | 20x | as long as short |
| KuCoin HUSDTM | +0.0100% | 4h | 0.06836 | −0.044% | $1.6M | $10.0M | 8x | as long as short |
| Bitget HUSDT | +0.0100% | 4h | 0.06836 | −0.044% | $1.7M | $451K | 4x | as long as short |
Injective H/USDC PERP
Aster HUSDT
Bybit HUSDT
OKX H-USDT-SWAP
Gate H_USDT
MEXC H_USDT
KuCoin HUSDTM
Bitget HUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX H-USDT | +0.0100% | 4h | 0.06839 | 0.000% | — | $2.7M | — | as long as short |
| Variational Omni H | +0.0100% | 4h | 0.06826 | −0.187% | $8K | $9K | — | as long as short |
| GRVT H_USDT_Perp | +0.0100% | 4h | 0.06847 | +0.123% | $1.1M | $447K | 10x | as long as short |
| Extended H-USD | +0.0104% | 1h | 0.06839 | 0.000% | $11K | $104K | 5x | as long as short |
BingX H-USDT
Variational Omni H
GRVT H_USDT_Perp
Extended H-USD