Funding you earn now, next payment 08:00 UTC+0.0789%/8h= +86.4% APRnext payment +$3.95 per $10,000 · paid last 24h +0.086%
Price spread now: BloFin against Bybit−0.187%62s7-day average +0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as 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−$2092.086% of the position
Funding, last 7 days+0.257%+$26 on $10k
+Price spread, last 4 days (all we have)+1.158%+$116 · spread now −0.187%, 7d avg +0.157%
=Funding pays, the price is against you. BloFin is 0.343% cheaper against Bybit than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of +0.157%). If the spread goes back, that is −$34 on $10k: about 35 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.257% in total) that is about 9.4 days. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.257% in total (about 13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACUUSDT | 0.1230 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $859K | $680K | 13x |
| Short | BloFin ACU-USDT | 0.1228 | 0.0889 | get 0.0445% / 4h | 2h 56m | $89K | $61K | 10x |
Bybit ACUUSDT
BloFin ACU-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
- $165.78
- Price spread: −0.187% → +0.157%
- −$34.35
- Slippage, 4 orders
- −$185.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.12
- Costs to cover
- 2.086%
- Break-even
- 10.3 days
Slippage from Bybit: live order book, 54 min ago; BloFin: live order book, 22 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, 54 min ago | 3.31 bp | 67.7 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 2.84 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDTlong | +0.0100% | 4h | 0.1230 | long leg | $859K | $680K | 13x | |
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1229 | −0.130% | $226K | $318K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1228 | −0.203% | $176K | $17K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1223 | −0.577% | $566K | $32K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1229 | −0.106% | $2K | $1.3M | 20x | as long as short |
| Bitget ACUUSDT | +0.0178% | 4h | 0.1231 | +0.057% | $243K | $251K | 10x | as long as short |
| Aster ACUUSDT | +0.0740% | 4h | 0.1226 | −0.293% | $2K | $5K | 5x | as long as short |
| BloFin ACU-USDTshort | +0.0889% | 4h | 0.1228 | −0.187% | $89K | $61K | 10x | |
| BingX ACU-USDT | +0.0902% | 4h | 0.1230 | −0.008% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0946% | 4h | 0.1231 | +0.049% | $14.1M | $342K | 50x | as long as short |
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ACUUSDT | +0.0950% | 4h | 0.1229 | −0.105% | $2.6M | $1.7M | 10x | as long as short |
Binance ACUUSDT