Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.5% APRnext payment +$0.62 per $10,000 · paid last 24h +0.074%
Price spread now: Bybit against BloFin+0.099%52s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$439as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4474.469% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)−0.259%−$26 · spread now +0.099%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.084% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 52 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 ARX-USDT | 0.2030 | 0.0381 | pay 0.0190% / 4h | 2h 48m | $239K | $51K | 20x |
| Short | Bybit ARXUSDT | 0.2032 | 0.0504 | get 0.0252% / 4h | 2h 48m | $4.0M | $2.3M | 20x |
Funding 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
- $25.97
- Price spread: +0.099% → +0.014%
- $8.44
- Slippage, 4 orders
- −$423.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$412.5
- Costs to cover
- 4.469%
- Break-even
- 118.2 days
Slippage from BloFin: live order book, 35 min ago; Bybit: live order book, 4 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, 35 min ago | 7.42 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.46 bp | 155.3 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2035 | +0.246% | $1.0M | $427K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2032 | +0.084% | $1.9M | $1.7M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0367% | 4h | 0.2029 | −0.049% | $721K | $2.9M | 20x | as long as short |
| BloFin ARX-USDTlong | +0.0381% | 4h | 0.2030 | long leg | $239K | $51K | 20x | |
| KuCoin ARXUSDTM | +0.0382% | 4h | 0.2030 | −0.005% | $737K | $649K | 20x | as long as short |
| Bybit ARXUSDTshort | +0.0504% | 4h | 0.2032 | +0.099% | $4.0M | $2.3M | 20x | |
| BingX ARX-USDT | +0.0518% | 4h | 0.2032 | +0.099% | — | $1.6M | — | as long as short |
| MEXC ARX_USDT | +0.0568% | 4h | 0.2033 | +0.148% | $873K | $396K | 20x | as long as short |
| Binance ARXUSDT | +0.0583% | 4h | 0.2033 | +0.123% | $5.5M | $10.9M | 20x | as long as short |
| Aster ARXUSDT | +0.0933% | 4h | 0.2030 | 0.000% | $102K | $72K | 10x | as long as short |
BloFin ARX-USDT
Bybit ARXUSDT
Gate ARX_USDT
Bitget ARXUSDT
OKX ARX-USDT-SWAP
KuCoin ARXUSDTM
BingX ARX-USDT
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT