Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance0.000%61s7-day average +0.051% · 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−$1451.453% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)−0.011%−$1 · spread now 0.000%, 7d avg +0.051%
=Funding pays, the price is against you. BloFin is 0.051% cheaper against Binance than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.051%). If the spread goes back, that is −$5 on $10k: about 5.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.030% in total) that is about 12 days. The two prices were read 61 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 SPACEUSDT | 0.004994 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $1.8M | $1.9M | 50x |
| Short | BloFin SPACE-USDT | 0.004994 | 0.0133 | get 0.0066% / 4h | 2h 14m | $155K | $8K | 50x |
Binance SPACEUSDT
BloFin SPACE-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
- $6.88
- Price spread: 0.000% → +0.051%
- −$5.09
- Slippage, 4 orders
- −$123.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$143.55
- Costs to cover
- 1.453%
- Break-even
- 153.1 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 67 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, 5 min ago | 2.00 bp | 58.0 bp −$58 | 282.2 bp −$2,822 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 4.01 bp | 27.4 bp −$27 | 94.5 bp −$945 | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDTlong | +0.0100% | 4h | 0.004994 | long leg | $1.8M | $1.9M | 50x | |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.004985 | −0.180% | $765K | $166K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.004988 | −0.120% | $1.5M | $1.1M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.004996 | +0.040% | $361K | $158K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.004989 | −0.100% | $631K | $102K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.004993 | −0.020% | $874K | $237K | 20x | as long as short |
| BloFin SPACE-USDTshort | +0.0133% | 4h | 0.004994 | 0.000% | $155K | $8K | 50x | |
| Gate SPACE_USDT | +0.0342% | 4h | 0.004995 | +0.020% | $752K | $437K | 20x | as long as short |
| Aster SPACEUSDT | +0.0801% | 4h | 0.004995 | +0.020% | $15K | $30K | 5x | as long as short |
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Gate SPACE_USDT
Aster SPACEUSDT