Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.135%121s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$710.712% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.135%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.140% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.005%. The two prices were read 121 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 LAUSDT | 0.07431 | −0.0722 | get 0.0361% / 4h | 2h 47m | $4.6M | $9.7M | 25x |
| Short | BloFin LA-USDT | 0.07441 | −0.0689 | pay 0.0345% / 4h | 2h 47m | $248K | $20K | 25x |
Binance LAUSDT
BloFin LA-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
- $6.95
- Price spread: +0.135% → −0.005%
- $14
- Slippage, 4 orders
- −$49.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$50.29
- Costs to cover
- 0.712%
- Break-even
- 57.7 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 14 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, 7 min ago | 2.71 bp | 19.7 bp −$20 | 67.2 bp −$672 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 2.68 bp | 15.3 bp −$15 | 35.0 bp −$350 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.2230% | 4h | 0.07439 | +0.108% | $239K | $811K | 50x | as long as short |
| KuCoin LAUSDTM | −0.1048% | 4h | 0.07435 | +0.054% | $1.0M | $86K | 30x | as long as short |
| Aster LAUSDT | −0.0865% | 4h | 0.07442 | +0.146% | $51K | $24K | 5x | as long as short |
| Binance LAUSDTlong | −0.0722% | 4h | 0.07431 | long leg | $4.6M | $9.7M | 25x | |
| MEXC LA_USDT | −0.0722% | 4h | 0.07429 | −0.027% | $386K | $137K | 50x | as long as short |
| BingX LA-USDT | −0.0718% | 4h | 0.07436 | +0.067% | — | $6.6M | — | as long as short |
| BloFin LA-USDTshort | −0.0689% | 4h | 0.07441 | +0.135% | $248K | $20K | 25x | |
| OKX LA-USDT-SWAP | −0.0674% | 4h | 0.07428 | −0.040% | $1.3M | $3.1M | 20x | as long as short |
| Bitget LAUSDT | −0.0664% | 4h | 0.07426 | −0.067% | $2.1M | $542K | 25x | as long as short |
| Bybit LAUSDT | −0.0487% | 4h | 0.07431 | 0.000% | $2.4M | $2.7M | 25x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
Aster LAUSDT
MEXC LA_USDT
BingX LA-USDT
OKX LA-USDT-SWAP
Bitget LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07426 | −0.068% | $139K | $478K | 10x | as long as short |
GRVT LA_USDT_Perp