Funding you earn now, next payment 03:00 UTC−0.0960%/8h= −105.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.264%
Price spread now: BloFin against Binance−0.761%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$770.767% of the position
Funding, last 7 days−2.592%−$259 on $10k
+Price spread, last 3 days (all we have)+0.200%+$20 · spread now −0.761%, 7d avg −0.095%
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and BloFin is 0.666% cheaper against Binance than usual: you would sell low and buy high (−$67 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONEUSDT | 0.004462 | −0.0442 | get 0.0055% / 1h | 13m 01s | $15.3M | $341.8M | 50x |
| Short | BloFin ONE-USDT | 0.004428 | −0.1402 | pay 0.0175% / 1h | 13m 01s | $862K | $2.7M | 50x |
Binance ONEUSDT
BloFin ONE-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
- −$201.6
- Price spread: −0.761% → −0.095%
- −$66.58
- Slippage, 4 orders
- −$54.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$344.91
- Costs to cover
- 0.767%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; BloFin: 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 Binance live order book, 16 min ago | 0.11 bp | 13.5 bp −$14 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.36 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −2.4201% | 1h | 0.005234 | +17.322% | $6.1M | $254.8M | 10x | as long as short |
| Variational Omni ONE | −0.2313% | 1h | 0.004450 | −0.256% | $108K | $50K | — | as long as short |
| Gate ONE_USDT | −0.1714% | 8h | 0.004395 | −1.494% | $1.7M | $15.9M | 20x | as long as short |
| Aster ONEUSDT | −0.1708% | 1h | 0.004443 | −0.423% | $2.3M | $5.7M | 5x | as long as short |
| BloFin ONE-USDTshort | −0.1402% | 1h | 0.004428 | −0.761% | $862K | $2.7M | 50x | |
| Bitget ONEUSDT | −0.1336% | 1h | 0.004500 | +0.848% | $2.0M | $33.6M | 20x | as long as short |
| MEXC ONE_USDT | −0.0456% | 1h | 0.004430 | −0.710% | $12.0M | $16.4M | 20x | as long as short |
| Binance ONEUSDTlong | −0.0442% | 1h | 0.004462 | long leg | $15.3M | $341.8M | 50x | |
| BingX ONE-USDT | −0.0040% | 1h | 0.004425 | −0.817% | — | $6.1M | — | as long as short |
| KuCoin ONEUSDTM | +0.3312% | 1h | 0.004635 | +3.885% | $4.4M | $12.8M | 30x | as long as short |
OKX ONE-USDT-SWAP
Variational Omni ONE
Gate ONE_USDT
Aster ONEUSDT
Bitget ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT
KuCoin ONEUSDTM