Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against Bybit−0.356%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 4 days (all we have)+0.349%+$35 · spread now −0.356%, 7d avg +0.080%
=Funding pays, the price is against you. BloFin is 0.436% cheaper against Bybit than usual: you would sell low and buy high (spread −0.356% now, against its 7-day average of +0.080%). If the spread goes back, that is −$44 on $10k: about 39 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.168% in total) that is about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AIXBTUSDT | 0.02274 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $1.2M | $1.1M | 25x |
| Short | BloFin AIXBT-USDT | 0.02266 | 0.0137 | get 0.0069% / 4h | 2h 36m | $121K | $82K | 50x |
Funding 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
- $7.84
- Price spread: −0.356% → +0.080%
- −$43.61
- Slippage, 4 orders
- −$89.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$147.86
- Costs to cover
- 1.121%
- Break-even
- 139.1 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 42 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 | 6.61 bp | 31.6 bp −$32 | 527.7 bp −$5,277 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 2.15 bp | 30.8 bp −$31 | 72.4 bp −$724 | 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 | −0.1419% | 1h | 0.02270 | −0.180% | $18K | $5K | 10x | as long as short |
| Variational Omni AIXBT | −0.0072% | 4h | 0.02273 | −0.043% | $100K | $10K | — | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02281 | +0.286% | $389K | $205K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02277 | +0.138% | $2.4M | $3.6M | 50x | as long as short |
| Bybit AIXBTUSDTlong | +0.0100% | 4h | 0.02274 | long leg | $1.2M | $1.1M | 25x | |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02276 | +0.084% | $463K | $1.7M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02273 | −0.048% | $219K | $95K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02278 | +0.171% | $669K | $243K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02276 | +0.084% | $1.2M | $1.4M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02280 | +0.259% | $644K | $578K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02273 | −0.048% | — | $6.6M | — | as long as short |
| BloFin AIXBT-USDTshort | +0.0137% | 4h | 0.02266 | −0.356% | $121K | $82K | 50x | |
| GMX AIXBT/USD [ETH-USDC] | L +0.0271% / S −0.0486% | 1h | 0.02273 | −0.035% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02270 | −0.173% | — | — | — | as long as short |
Bybit AIXBTUSDT
BloFin AIXBT-USDT
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]