Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.9% APRnext payment +$2.82 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against Bybit+0.046%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)+0.464%+$46 · spread now +0.046%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.161% in total (about 8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2182 | −0.0074 | get 0.0074% / 8h | 2h 23m | $54.6M | $124.2M | 50x |
| Short | BloFin ARB-USDT | 0.2183 | 0.0208 | get 0.0208% / 8h | 2h 23m | $3.0M | $2.4M | 75x |
Bybit ARBUSDT
BloFin ARB-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
- $59.23
- Price spread: +0.046% → +0.041%
- $0.51
- Slippage, 4 orders
- −$21.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $15.38
- Costs to cover
- 0.444%
- Break-even
- 5.2 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 5 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, 1 min ago | 0.23 bp | 8.8 bp −$9 | 19.5 bp −$195 | 49.1 bp −$4,908 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.23 bp | 12.4 bp −$12 | 21.7 bp −$217 | doesn't fit | 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 | −0.1581% | 1h | 0.2171 | −0.500% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2180 | −0.078% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0101% | 1h | 0.2182 | −0.018% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0096% | 8h | 0.2174 | −0.344% | $1.8M | $3.0M | — | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2183 | +0.055% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDTlong | −0.0074% | 8h | 0.2182 | long leg | $54.6M | $124.2M | 50x | |
| OKX ARB-USDT-SWAP | −0.0062% | 8h | 0.2183 | +0.060% | $21.6M | $143.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0062% | 8h | 0.2182 | +0.023% | $41.6M | $61.4M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0050% | 8h | 0.2182 | +0.005% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2183 | +0.028% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2182 | +0.027% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2183 | +0.052% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0055% | 8h | 0.2182 | +0.005% | $20.9M | $34.2M | 50x | as long as short |
| Gate ARB_USDT | +0.0075% | 8h | 0.2183 | +0.041% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDC | +0.0081% | 8h | 0.2180 | −0.096% | — | $6.5M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2181 | −0.046% | $443K | $2.6M | 10x | as long as short |
| Extended ARB-USD | +0.0088% | 1h | 0.2180 | −0.068% | $347K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0088% | 8h | 0.2185 | +0.122% | $62.4M | $300.2M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2182 | 0.000% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2184 | +0.087% | $36.5M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2183 | +0.055% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2183 | +0.059% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2184 | +0.078% | $19.5M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2172 | −0.468% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2182 | +0.005% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2171 | −0.500% | $117K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.096% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2182 | +0.014% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.115% | $292K | $891K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2181 | −0.041% | $4.8M | $12.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2183 | +0.050% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDTshort | +0.0208% | 8h | 0.2183 | +0.046% | $3.0M | $2.4M | 75x | |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2183 | +0.036% | $826K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2184 | +0.096% | $506K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | −0.025% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0694% | 1h | 0.2186 | +0.197% | $980K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDC
RISEx ARB/USDC
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP