Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Binance+0.013%71s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as 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−$1361.364% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.400%+$40 · spread now +0.013%, 7d avg +0.042%
=Funding pays, the price is against you. BloFin is 0.029% cheaper against Binance than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.042%). If the spread goes back, that is −$3 on $10k: about 3.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about 4 months. The two prices were read 71 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 TRADOORUSDT | 0.6934 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $5.2M | $1.6M | 20x |
| Short | BloFin TRADOOR-USDT | 0.6935 | 0.0132 | get 0.0066% / 4h | 3h 46m | $337K | $24K | 20x |
Funding 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
- $6.78
- Price spread: +0.013% → +0.042%
- −$2.9
- Slippage, 4 orders
- −$114.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.56
- Costs to cover
- 1.364%
- Break-even
- 143.8 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 49 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 | 2.16 bp | 39.9 bp −$40 | 63.0 bp −$630 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 49 min ago | 3.59 bp | 37.0 bp −$37 | 96.1 bp −$961 | doesn't fit | doesn't fit |
TRADOOR on 8 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 TRADOORUSDTlong | +0.0100% | 4h | 0.6934 | long leg | $5.2M | $1.6M | 20x | |
| Gate TRADOOR_USDT | +0.0100% | 8h | 0.6930 | −0.059% | $393K | $43K | 20x | as long as short |
| MEXC TRADOOR_USDT | +0.0100% | 4h | 0.6934 | −0.002% | $10.3M | $116K | 100x | as long as short |
| BingX TRADOOR-USDT | +0.0100% | 4h | 0.6933 | −0.016% | — | $6.5M | — | as long as short |
| Variational Omni TRADOOR | +0.0100% | 4h | 0.6933 | −0.019% | $2K | $155 | — | as long as short |
| BloFin TRADOOR-USDTshort | +0.0132% | 4h | 0.6935 | +0.013% | $337K | $24K | 20x | |
| Aster TRADOORUSDT | +0.0354% | 4h | 0.6924 | −0.143% | $94K | $60K | 5x | as long as short |
| KuCoin TRADOORUSDTM | +0.0654% | 4h | 0.6924 | −0.146% | $257K | $3.8M | 10x | as long as short |
Binance TRADOORUSDT
BloFin TRADOOR-USDT
Gate TRADOOR_USDT
MEXC TRADOOR_USDT
BingX TRADOOR-USDT
Variational Omni TRADOOR
Aster TRADOORUSDT
KuCoin TRADOORUSDTM