Funding you earn now, next payment 08:00 UTC−0.0106%/8h= −11.6% APRnext payment −$1.05 per $10,000 · paid last 24h −0.035%
Price spread now: Bybit against BloFin−0.068%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 4 days (all we have)−1.030%−$103 · spread now −0.068%, 7d avg −0.044%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.044%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2201 | 0.0071 | pay 0.0071% / 8h | 4h 03m | $3.1M | $2.6M | 75x |
| Short | Bybit ARBUSDT | 0.2200 | −0.0034 | pay 0.0034% / 8h | 4h 03m | $55.4M | $125.1M | 50x |
BloFin ARB-USDT
Bybit ARBUSDTFunding 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
- −$22.16
- Price spread: −0.068% → −0.044%
- −$2.38
- Slippage, 4 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$65.54
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago | 0.23 bp | 15.3 bp −$15 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.23 bp | 10.6 bp −$11 | 28.0 bp −$280 | 57.7 bp −$5,765 | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1649% | 1h | 0.2189 | −0.550% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2201 | +0.014% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0152% | 1h | 0.2201 | −0.014% | $87K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0116% | 8h | 0.2201 | −0.009% | $41.6M | $60.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0116% | 8h | 0.2200 | −0.032% | $22.2M | $145.1M | 50x | as long as short |
| Variational Omni ARB | −0.0096% | 8h | 0.2192 | −0.433% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0074% | 8h | 0.2200 | −0.050% | $12K | $400K | 10x | as long as short |
| Gate ARB_USDT | −0.0046% | 8h | 0.2202 | +0.023% | $5.3M | $18.8M | 60x | as long as short |
| Bybit ARBUSDTshort | −0.0034% | 8h | 0.2200 | −0.068% | $55.4M | $125.1M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2202 | +0.041% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Orderly PERP_ARB_USDC
Gate ARB_USDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2201 | −0.024% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2202 | +0.055% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2202 | +0.059% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2200 | −0.043% | $348K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0018% | 8h | 0.2201 | +0.017% | $64.0M | $302.0M | 75x | as long as short |
| SoDEX ARB-USD | +0.0032% | 1h | 0.2201 | −0.005% | $10K | $2.2M | 5x | as long as short |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2201 | −0.005% | $20.9M | $34.2M | 50x | as long as short |
| BingX ARB-USDT | +0.0063% | 8h | 0.2201 | −0.023% | — | $53.7M | — | as long as short |
| BloFin ARB-USDTlong | +0.0071% | 8h | 0.2201 | long leg | $3.1M | $2.6M | 75x | |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2203 | +0.068% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2201 | +0.009% | $1.2M | $5.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2203 | +0.068% | $37.8M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2201 | −0.027% | $633K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2200 | −0.029% | $42K | $168K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2201 | +0.009% | $19.5M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2195 | −0.296% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2195 | −0.277% | $466K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | −0.323% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2204 | +0.132% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2202 | +0.036% | $299K | $909K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2202 | +0.041% | $5.0M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2205 | +0.173% | $491K | $1.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2202 | +0.038% | $476K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2202 | +0.036% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2200 | −0.029% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0608% | 1h | 0.2203 | +0.068% | $992K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP