Funding you earn now, next payment 12:00 UTC+0.0197%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against BloFin+0.045%92s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$463as 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−$4664.663% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.507%−$51 · spread now +0.045%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 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 | BloFin AT-USDT | 0.1571 | 0.0152 | pay 0.0076% / 4h | 3h 39m | $362K | $8K | 50x |
| Short | Bybit ATUSDT | 0.1572 | 0.0349 | get 0.0174% / 4h | 3h 39m | $552K | $1.1M | 25x |
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
- $41.28
- Price spread: +0.045% → +0.030%
- $1.44
- Slippage, 4 orders
- −$443.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$423.62
- Costs to cover
- 4.663%
- Break-even
- 78.8 days
Slippage from BloFin: live order book, 35 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, 35 min ago | 6.33 bp | 26.9 bp −$27 | 165.5 bp −$1,655 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 7.63 bp | 194.8 bp −$195 | doesn't fit | doesn't fit | doesn't fit |
AT 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ATUSDT | +0.0100% | 4h | 0.1571 | −0.031% | $8.6M | $3.8M | 50x | as long as short |
| OKX AT-USDT-SWAP | +0.0100% | 4h | 0.1573 | +0.127% | $216K | $559K | 20x | as long as short |
| Gate AT_USDT | +0.0100% | 4h | 0.1567 | −0.261% | $153K | $192K | 20x | as long as short |
| MEXC AT_USDT | +0.0100% | 4h | 0.1570 | −0.064% | $238K | $164K | 50x | as long as short |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1568 | −0.191% | $255K | $161K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1572 | +0.064% | $661K | $186K | 50x | as long as short |
| BloFin AT-USDTlong | +0.0152% | 4h | 0.1571 | long leg | $362K | $8K | 50x | |
| Aster ATUSDT | +0.0250% | 4h | 0.1570 | −0.058% | $31K | $14K | 5x | as long as short |
| Bybit ATUSDTshort | +0.0349% | 4h | 0.1572 | +0.045% | $552K | $1.1M | 25x | |
| BingX AT-USDT | +0.1292% | 4h | 0.1572 | +0.064% | — | $6.5M | — | as long as short |
BloFin AT-USDT
Bybit ATUSDT
Binance ATUSDT
OKX AT-USDT-SWAP
Gate AT_USDT
MEXC AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
Aster ATUSDT
BingX AT-USDT