Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BloFin−0.021%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)+0.151%+$15 · spread now −0.021%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.033% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RE-USDT | 0.4667 | 0.0123 | pay 0.0061% / 4h | 1h 07m | $360K | $20K | 50x |
| Short | Binance REUSDT | 0.4666 | 0.0100 | get 0.0050% / 4h | 1h 07m | $8.4M | $8.1M | 50x |
Funding 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
- −$4.74
- Price spread: −0.021% → +0.012%
- −$3.33
- Slippage, 4 orders
- −$36.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$66.28
- Costs to cover
- 0.582%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; Binance: live order book, 2 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, 8 min ago | 3.22 bp | 12.4 bp −$12 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.07 bp | 16.2 bp −$16 | 64.9 bp −$649 | doesn't fit | doesn't fit |
RE 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) RE/USD | L −0.0025% / S +0.0026% | 1h | 0.4666 | −0.022% | — | — | 150x | as long as short |
| Aster REUSDT | +0.0100% | 4h | 0.4666 | −0.022% | $33K | $26K | 20x | as long as short |
| Binance REUSDTshort | +0.0100% | 4h | 0.4666 | −0.021% | $8.4M | $8.1M | 50x | |
| Bybit REUSDT | +0.0100% | 4h | 0.4665 | −0.043% | $1.4M | $1.2M | 20x | as long as short |
| OKX RE-USDT-SWAP | +0.0100% | 4h | 0.4667 | +0.002% | $1.8M | $3.5M | 20x | as long as short |
| Gate RE_USDT | +0.0100% | 4h | 0.4667 | +0.002% | $422K | $939K | 20x | as long as short |
| MEXC RE_USDT | +0.0100% | 4h | 0.4664 | −0.064% | $1.3M | $436K | 50x | as long as short |
| KuCoin REUSDTM | +0.0100% | 4h | 0.4667 | −0.002% | $1.4M | $922K | 20x | as long as short |
| Bitget REUSDT | +0.0100% | 4h | 0.4665 | −0.041% | $1.8M | $547K | 20x | as long as short |
| BingX RE-USDT | +0.0100% | 4h | 0.4667 | 0.000% | — | $1.7M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX REUSDC | +0.0100% | 4h | 0.4659 | −0.173% | $8K | $218K | 10x | as long as short |
| Orderly PERP_RE_USDC_mythos | +0.0100% | 4h | 0.4667 | 0.000% | $4K | — | 10x | as long as short |
| Extended RE-USD | +0.0104% | 1h | 0.4665 | −0.042% | $792 | — | 5x | as long as short |
| BloFin RE-USDTlong | +0.0123% | 4h | 0.4667 | long leg | $360K | $20K | 50x |
BloFin RE-USDT
Binance REUSDT
gTrade (Gains Network) RE/USD
Aster REUSDT
Bybit REUSDT
OKX RE-USDT-SWAP
Gate RE_USDT
MEXC RE_USDT
KuCoin REUSDTM
Bitget REUSDT
BingX RE-USDT
edgeX REUSDC
Extended RE-USD