Settings8H · net · $10k
Funding arb · Price arb /

AT

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$4664.663% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.474%−$47 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AT-USDT0.15710.0152pay 0.0076% / 4h3h 39m$362K$8K50x
ShortBybit ATUSDT0.15720.0349get 0.0174% / 4h3h 39m$552K$1.1M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 35 min ago6.33 bp26.9 bp −$27165.5 bp −$1,655doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago7.63 bp194.8 bp −$195doesn't fitdoesn't fitdoesn't fit

AT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATUSDT+0.0100%4h0.1571−0.031%$8.6M$3.8M50xas long as short
OKX AT-USDT-SWAP+0.0100%4h0.1573+0.127%$216K$559K20xas long as short
Gate AT_USDT+0.0100%4h0.1567−0.261%$153K$192K20xas long as short
MEXC AT_USDT+0.0100%4h0.1570−0.064%$238K$164K50xas long as short
KuCoin ATUSDTM+0.0100%4h0.1568−0.191%$255K$161K50xas long as short
Bitget ATUSDT+0.0100%4h0.1572+0.064%$661K$186K50xas long as short
BloFin AT-USDTlong+0.0152%4h0.1571long leg$362K$8K50x
Aster ATUSDT+0.0250%4h0.1570−0.058%$31K$14K5xas long as short
Bybit ATUSDTshort+0.0349%4h0.1572+0.045%$552K$1.1M25x
BingX AT-USDT+0.1292%4h0.1572+0.064%$6.5Mas long as short