Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin−0.244%92s7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as 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−$1081.085% of the position
Funding, last 7 days−0.165%−$17 on $10k
+Price spread, last 3 days (all we have)+0.239%+$24 · spread now −0.244%, 7d avg −0.080%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.165% cheaper against BloFin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.080%. The two prices were read 92 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 AIXBT-USDT | 0.02252 | 0.0092 | pay 0.0046% / 4h | 1h 37m | $118K | $63K | 50x |
| Short | Bybit AIXBTUSDT | 0.02246 | 0.0100 | get 0.0050% / 4h | 1h 37m | $1.2M | $958K | 25x |
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
- $1.61
- Price spread: −0.244% → −0.080%
- −$16.47
- Slippage, 4 orders
- −$85.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$123.35
- Costs to cover
- 1.085%
- Break-even
- 541.8 days
Slippage from BloFin: live order book, 35 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, 35 min ago | 2.23 bp | 35.1 bp −$35 | 71.7 bp −$717 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.45 bp | 27.4 bp −$27 | 183.8 bp −$1,838 | doesn't fit | doesn't fit |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.0901% | 1h | 0.02249 | −0.122% | $20K | $7K | 10x | as long as short |
| Variational Omni AIXBT | +0.0030% | 4h | 0.02248 | −0.167% | $99K | $11K | — | as long as short |
| BloFin AIXBT-USDTlong | +0.0092% | 4h | 0.02252 | long leg | $118K | $63K | 50x | |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02251 | −0.049% | $374K | $178K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02249 | −0.133% | $2.4M | $2.9M | 50x | as long as short |
| Bybit AIXBTUSDTshort | +0.0100% | 4h | 0.02246 | −0.244% | $1.2M | $958K | 25x | |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02249 | −0.133% | $450K | $1.5M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02248 | −0.178% | $193K | $80K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02250 | −0.089% | $444K | $184K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02249 | −0.133% | $1.2M | $1.4M | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02253 | +0.044% | $646K | $457K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02250 | −0.089% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0269% / S −0.0489% | 1h | 0.02251 | −0.027% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02251 | −0.056% | — | — | — | as long as short |
BloFin AIXBT-USDT
Bybit AIXBTUSDT
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
Hyperliquid AIXBT
Binance AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]