Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against BloFin−0.156%62s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.156% cheaper against BloFin than usual: you would sell low and buy high (spread −0.156% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.009% in total) that is about 4 months. The two prices were read 62 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 APEX-USDT | 0.2560 | 0.0051 | pay 0.0025% / 4h | 3h 12m | $94K | $3K | 25x |
| Short | Bybit APEXUSDT | 0.2556 | 0.0100 | get 0.0050% / 4h | 3h 12m | $3.6M | $1.3M | 25x |
BloFin APEX-USDT
Bybit APEXUSDTFunding 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
- $10.32
- Price spread: −0.156% → 0.000%
- −$15.63
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$28.3
- Costs to cover
- 0.230%
- Break-even
- 26.2 days
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 17.58 bp | 63.3 bp −$63 | 501.2 bp −$5,012 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APEX on 8 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 APEX-USDTlong | +0.0051% | 4h | 0.2560 | long leg | $94K | $3K | 25x | |
| Bybit APEXUSDTshort | +0.0100% | 4h | 0.2556 | −0.156% | $3.6M | $1.3M | 25x | |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2556 | −0.156% | $582K | $247K | 50x | as long as short |
| BingX APEX-USDT | +0.0100% | 4h | 0.2554 | −0.234% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2559 | −0.037% | $19K | $6K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2584 | +0.938% | $138K | $422K | 50x | as long as short |
| Hyperliquid APEX | +0.0771% | 1h | 0.2566 | +0.219% | $2.9M | $113K | 3x | as long as short |
| Lighter APEX | +0.1176% | 1h | 0.2569 | +0.336% | $58K | $22K | 5x | as long as short |
MEXC APEX_USDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
Hyperliquid APEX
Lighter APEX