Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Bybit−0.153%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$333as in the Price arb table
costs, in and out, $10k−$3273.265% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.153%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.068% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit API3USDT | 0.2619 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $989K | $395K | 25x |
| Short | BloFin API3-USDT | 0.2615 | 0.0094 | get 0.0047% / 4h | 2h 00m | $131K | $22K | 50x |
Bybit API3USDT
BloFin API3-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
- −$1.18
- Price spread: −0.153% → −0.085%
- −$6.81
- Slippage, 4 orders
- −$303.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$334.53
- Costs to cover
- 3.265%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 40 min ago; BloFin: live order book, 6 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, 40 min ago | 3.86 bp | 146.0 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 3.82 bp | 24.4 bp −$24 | 79.0 bp −$790 | doesn't fit | doesn't fit |
API3 on 12 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 API3-USDTshort | +0.0094% | 4h | 0.2615 | −0.153% | $131K | $22K | 50x | |
| Aster API3USDT | +0.0100% | 4h | 0.2614 | −0.188% | $2K | $4K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2616 | −0.132% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDTlong | +0.0100% | 4h | 0.2619 | long leg | $989K | $395K | 25x | |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2615 | −0.153% | $651K | $511K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2619 | 0.000% | $122K | $119K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2615 | −0.153% | $457K | $296K | 50x | as long as short |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2616 | −0.115% | $1.0M | $235K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2617 | −0.076% | $648K | $189K | 20x | as long as short |
| BingX API3-USDT | +0.0100% | 4h | 0.2616 | −0.115% | — | $6.7M | — | as long as short |
Aster API3USDT
Binance API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
MEXC API3_USDT
KuCoin API3USDTM
Bitget API3USDT
BingX API3-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni API3 | +0.0100% | 4h | 0.2619 | +0.001% | $6K | $1 | — | as long as short |
| Kraken Futures PF_API3USD | +0.2684% | 1h | 0.2624 | +0.189% | $13K | $3K | 10x | as long as short |
Variational Omni API3
Kraken Futures PF_API3USD