Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against BloFin+0.214%102s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as 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−$860.861% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 3 days (all we have)−0.214%−$21 · spread now +0.214%, 7d avg +0.043%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.171% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.043%. The two prices were read 102 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 0G-USDT | 0.2335 | 0.0043 | pay 0.0021% / 4h | 3m 28s | $326K | $9K | 50x |
| Short | Bybit 0GUSDT | 0.2340 | 0.0100 | get 0.0050% / 4h | 3m 28s | $2.3M | $2.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $12
- Price spread: +0.214% → +0.043%
- $17.08
- Slippage, 4 orders
- −$63.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.02
- Costs to cover
- 0.861%
- Break-even
- 40.2 days
Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 3 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, 6 min ago | 6.44 bp | 14.3 bp −$14 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.43 bp | 22.3 bp −$22 | 182.4 bp −$1,824 | doesn't fit | doesn't fit |
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0732% | 4h | 0.2342 | +0.300% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2341 | +0.245% | $2K | — | 100x | as long as short |
| BloFin 0G-USDTlong | +0.0043% | 4h | 0.2335 | long leg | $326K | $9K | 50x | |
| Aster 0GUSDT | +0.0100% | 4h | 0.2339 | +0.186% | $23K | $22K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2340 | +0.214% | $6.9M | $9.1M | 50x | as long as short |
| Bybit 0GUSDTshort | +0.0100% | 4h | 0.2340 | +0.214% | $2.3M | $2.4M | 50x | |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2342 | +0.300% | $893K | $2.4M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2339 | +0.171% | $603K | $172K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2343 | +0.343% | $2.1M | $205K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2342 | +0.300% | $1.9M | $720K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack 0G_USDC_PERP | +0.0100% | 1h | 0.2344 | +0.385% | $37K | $47K | 5x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2330 | −0.206% | $13K | $10K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2332 | −0.128% | $18K | $632K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0154% | 4h | 0.2343 | +0.325% | $2.4M | $2.5M | 50x | as long as short |
| Hyperliquid 0G | +0.0511% | 1h | 0.2344 | +0.407% | $2.5M | $500K | 3x | as long as short |
| Lighter 0G | +0.0640% | 1h | 0.2345 | +0.428% | $45K | $100K | 3x | as long as short |
BloFin 0G-USDT
Bybit 0GUSDT
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Bitget 0GUSDT
Backpack 0G_USDC_PERP
Variational Omni 0G
ApeX Omni 0GUSDT
KuCoin 0GUSDTM
Hyperliquid 0G
Lighter 0G