Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against BloFin+0.703%51s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as 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−$1321.320% of the position
Funding, last 7 days−0.095%−$10 on $10k
+Price spread, last 4 days (all we have)−0.739%−$74 · spread now +0.703%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.695% dearer against BloFin than usual: you sell high and buy low, +$69 on $10k if it goes back to its 7-day average of +0.008%. The two prices were read 51 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 PTB-USDT | 0.0009529 | 0.0378 | pay 0.0189% / 4h | 14m 17s | $390K | $281K | 20x |
| Short | Binance PTBUSDT | 0.0009596 | 0.0377 | get 0.0188% / 4h | 14m 17s | $6.5M | $85.3M | 20x |
BloFin PTB-USDT
Binance PTBUSDTFunding 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
- −$0.26
- Price spread: +0.703% → +0.008%
- $69.48
- Slippage, 4 orders
- −$109.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.74
- Costs to cover
- 1.320%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; Binance: live order book, 13 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, 66 min ago | 4.08 bp | 24.2 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.09 bp | 38.6 bp −$39 | 208.6 bp −$2,086 | doesn't fit | doesn't fit |
PTB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.0009596 | +0.703% | $1.4M | $14.5M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.0009534 | +0.053% | $27K | $60K | — | as long as short |
| Gate PTB_USDT | +0.0218% | 4h | 0.0009586 | +0.598% | $1.6M | $3.6M | 25x | as long as short |
| Extended kPTB-USD | +0.0376% | 1h | 0.0009593 | +0.676% | $3K | $16K | 5x | as long as short |
| MEXC PTB_USDT | +0.0376% | 4h | 0.0009603 | +0.777% | $290K | $523K | 20x | as long as short |
| Binance PTBUSDTshort | +0.0377% | 4h | 0.0009596 | +0.703% | $6.5M | $85.3M | 20x | |
| BloFin PTB-USDTlong | +0.0378% | 4h | 0.0009529 | long leg | $390K | $281K | 20x | |
| BingX PTB-USDT | +0.0404% | 4h | 0.0009598 | +0.724% | — | $1.9M | — | as long as short |
| Aster PTBUSDT | +0.0603% | 4h | 0.0009585 | +0.588% | $70K | $660K | 5x | as long as short |
| KuCoin PTBUSDTM | +0.0648% | 4h | 0.0009573 | +0.462% | $1.4M | $5.8M | 20x | as long as short |
Bybit PTBUSDT
Variational Omni PTB
Gate PTB_USDT
Extended kPTB-USD
MEXC PTB_USDT
BingX PTB-USDT
Aster PTBUSDT
KuCoin PTBUSDTM