Funding you earn now, next payment 12:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance+0.169%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$810.806% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.169%, 7d avg +0.022%
=The price spread pays, funding is against you. BloFin is 0.147% dearer against Binance than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of +0.022%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDUSDT | 0.03852 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $2.5M | $4.1M | 50x |
| Short | BloFin ID-USDT | 0.03859 | 0.0080 | get 0.0040% / 4h | 2h 58m | $159K | $16K | 50x |
Binance IDUSDT
BloFin ID-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
- −$4.13
- Price spread: +0.169% → +0.022%
- $14.71
- Slippage, 4 orders
- −$58.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.04
- Costs to cover
- 0.806%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 58 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, 8 min ago | 2.59 bp | 21.2 bp −$21 | 91.3 bp −$913 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 58 min ago | 6.51 bp | 17.4 bp −$17 | 52.4 bp −$524 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | −0.0163% | 1h | 0.03852 | −0.002% | $4K | $4K | 10x | as long as short |
| BloFin ID-USDTshort | +0.0080% | 4h | 0.03859 | +0.169% | $159K | $16K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03854 | +0.038% | $9K | $2K | 5x | as long as short |
| Binance IDUSDTlong | +0.0100% | 4h | 0.03852 | long leg | $2.5M | $4.1M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03853 | +0.013% | $1.6M | $1.2M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03858 | +0.143% | $260K | $206K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03852 | −0.013% | $397K | $232K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03861 | +0.221% | $1.1M | $75K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03859 | +0.163% | $12K | $20K | — | as long as short |
| Bitget IDUSDT | +0.0290% | 4h | 0.03855 | +0.065% | $1.1M | $922K | 50x | as long as short |
Kraken Futures PF_IDUSD
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ID-USDT | +0.0322% | 4h | 0.03854 | +0.039% | — | $2.3M | — | as long as short |
BingX ID-USDT