H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin+0.273%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1431.433% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 3 days (all we have)−0.609%−$61 · spread now +0.273%, 7d avg −0.044%

Together, before fees−0.611%−$61 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.316% dearer against BloFin than usual: you sell high and buy low (spread +0.273% now, against its 7-day average of −0.044%): +$32 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 37 days. At the pace of the last 7 days (−0.002% in total) that is about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin H-USDT	0.06984	0.0129	pay 0.0064% / 4h	21m 00s	$593K	$117K	25x
Short	Binance HUSDT	0.07003	0.0100	get 0.0050% / 4h	21m 00s	$15.0M	$10.5M	10x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.273%Rate

Funding earned: −$6.03
Price spread: +0.273% → −0.044%: $31.62
Slippage, 4 orders: −$121.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$117.76
Costs to cover: 1.433%
Break-even: never at this rate

Slippage from BloFin: live order book, 55 min ago; Binance: live order book, 5 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, 55 min ago	2.89 bp	21.0 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.71 bp	42.5 bp −$43	241.6 bp −$2,416	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	−10.510%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.07003	+0.268%	$116K	$53K	5x	as long as short
Binance HUSDTshort	+0.0100%	4h	0.07003	+0.273%	$15.0M	$10.5M	10x
Bybit HUSDT	+0.0100%	4h	0.06990	+0.092%	$7.6M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.07003	+0.272%	$1.7M	$5.9M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06991	+0.100%	$2.9M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.07001	+0.243%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06999	+0.215%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06988	+0.057%	$1.7M	$450K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.07000	+0.229%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06991	+0.094%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06991	+0.102%	$1.2M	$438K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.07002	+0.258%	$11K	$107K	5x	as long as short
BloFin H-USDTlong	+0.0129%	4h	0.06984	long leg	$593K	$117K	25x