Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin−0.269%91s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$760.758% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 3 days (all we have)+0.277%+$28 · spread now −0.269%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.253% cheaper against BloFin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.016%). Swap the legs. 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 | BloFin JASMY-USDT | 0.004465 | 0.0220 | pay 0.0220% / 8h | 7h 03m | $227K | $221K | 75x |
| Short | Binance JASMYUSDT | 0.004453 | 0.0100 | get 0.0100% / 8h | 7h 03m | $3.5M | $5.4M | 75x |
BloFin JASMY-USDT
Binance JASMYUSDTFunding 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
- −$25.2
- Price spread: −0.269% → −0.016%
- −$25.31
- Slippage, 4 orders
- −$53.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$126.27
- Costs to cover
- 0.758%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 min ago; Binance: live order book, 4 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, 62 min ago | 3.41 bp | 14.5 bp −$14 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.12 bp | 23.1 bp −$23 | 72.2 bp −$722 | doesn't fit | doesn't fit |
JASMY 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International JASMY-PERP-INTX | −0.0616% | 1h | 0.004428 | −0.829% | $17K | $20K | 25x | as long as short |
| KuCoin JASMYUSDTM | +0.0032% | 8h | 0.004464 | −0.022% | $3.4M | $2.5M | 50x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004466 | +0.013% | $7K | $19K | 5x | as long as short |
| Binance JASMYUSDTshort | +0.0100% | 8h | 0.004453 | −0.269% | $3.5M | $5.4M | 75x | |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004454 | −0.246% | $3.9M | $2.2M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004462 | −0.067% | $448K | $243K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004450 | −0.336% | $10.1M | $2.9M | 200x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004456 | −0.202% | $1.8M | $575K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004465 | 0.000% | — | $7.9M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004461 | −0.086% | $126K | $34K | — | as long as short |
Coinbase International JASMY-PERP-INTX
KuCoin JASMYUSDTM
Aster JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
Bitget JASMYUSDT
BingX JASMY-USDT
Variational Omni JASMYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004466 | +0.017% | $4K | $197K | 10x | as long as short |
| BloFin JASMY-USDTlong | +0.0220% | 8h | 0.004465 | long leg | $227K | $221K | 75x | |
| Kraken Futures PF_JASMYUSD | +0.1250% | 1h | 0.004469 | +0.100% | $255K | $221K | 20x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.1541% | 1h | 0.004476 | +0.246% | — | — | 10x | as long as short |
Extended JASMY-USD
Kraken Futures PF_JASMYUSD
Deribit JASMY_USDC-PERPETUAL