Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bybit−0.128%112s7-day average +0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as 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−$1211.210% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.362%+$36 · spread now −0.128%, 7d avg +0.094%
=Funding pays, the price is against you. BloFin is 0.223% cheaper against Bybit than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of +0.094%). If the spread goes back, that is −$22 on $10k: about 16 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour. The two prices were read 112 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 | Bybit AUSDT | 0.09347 | 0.0100 | pay 0.0050% / 4h | 3m 25s | $3.2M | $957K | 50x |
| Short | BloFin A-USDT | 0.09335 | 0.0146 | get 0.0073% / 4h | 3m 25s | $149K | $7K | 75x |
Bybit AUSDT
BloFin A-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $9.66
- Price spread: −0.128% → +0.094%
- −$22.27
- Slippage, 4 orders
- −$98.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$133.66
- Costs to cover
- 1.210%
- Break-even
- 103.8 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 26 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 Bybit live order book, 4 min ago | 5.36 bp | 36.0 bp −$36 | 1137.6 bp −$11.4K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 6.42 bp | 21.5 bp −$22 | 70.8 bp −$708 | doesn't fit | doesn't fit |
A on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −4.301% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09366 | +0.204% | $2.9M | $3.0M | 75x | as long as short |
| Bybit AUSDTlong | +0.0100% | 4h | 0.09347 | long leg | $3.2M | $957K | 50x | |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09364 | +0.182% | $746K | $504K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09344 | −0.032% | $218K | $66K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09364 | +0.182% | $4.1M | $138K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09362 | +0.160% | $686K | $46K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09364 | +0.182% | $915K | $182K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09358 | +0.118% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09317 | −0.322% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Binance AUSDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDTshort | +0.0146% | 4h | 0.09335 | −0.128% | $149K | $7K | 75x |