Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against BloFin−0.597%102s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as 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−$2722.718% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+1.838%+$184 · spread now −0.597%, 7d avg −0.057%
=Funding pays, the price is against you. Bybit is 0.540% cheaper against BloFin than usual: you would sell low and buy high (spread −0.597% now, against its 7-day average of −0.057%). If the spread goes back, that is −$54 on $10k: about 41 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.008% in total) that is about 16 months. 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 4STOCK-USDT | 0.01005 | 0.0057 | pay 0.0028% / 4h | 2h 59m | $87K | $113K | 10x |
| Short | Bybit 4STOCKUSDT | 0.009990 | 0.0100 | get 0.0050% / 4h | 2h 59m | $2.2M | $5.9M | 10x |
BloFin 4STOCK-USDT
Bybit 4STOCKUSDTFunding 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
- $9.13
- Price spread: −0.597% → −0.057%
- −$54.03
- Slippage, 4 orders
- −$248.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$316.66
- Costs to cover
- 2.718%
- Break-even
- 249.8 days
Slippage from BloFin: live order book, 19 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, 19 min ago | 4.94 bp | 28.5 bp −$29 | 333.2 bp −$3,332 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.96 bp | 71.9 bp −$72 | 445.3 bp −$4,453 | doesn't fit | doesn't fit |
4STOCK on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin 4STOCK-USDTlong | +0.0057% | 4h | 0.01005 | long leg | $87K | $113K | 10x | |
| Bybit 4STOCKUSDTshort | +0.0100% | 4h | 0.009990 | −0.597% | $2.2M | $5.9M | 10x | |
| Gate 4STOCK_USDT | +0.0100% | 4h | 0.01008 | +0.299% | $565K | $873K | 10x | as long as short |
| MEXC 4STOCK_USDT | +0.0100% | 4h | 0.01002 | −0.299% | $608K | $1.2M | 20x | as long as short |
| BingX 4STOCK-USDT | +0.0100% | 4h | 0.01005 | 0.000% | — | $1.0M | — | as long as short |
| edgeX 4STOCKUSDC | +0.0100% | 4h | 0.01003 | −0.199% | $2K | $75K | 5x | as long as short |
| Aster 4STOCKUSDT | +0.0920% | 1h | 0.01008 | +0.279% | $38K | $58K | 5x | as long as short |
Gate 4STOCK_USDT
MEXC 4STOCK_USDT
BingX 4STOCK-USDT
edgeX 4STOCKUSDC
Aster 4STOCKUSDT