ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.011%

Price spread now: Bybit against BloFin−0.108%7-day average −0.271% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$1051.053% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 3 days (all we have)−0.028%−$3 · spread now −0.108%, 7d avg −0.271%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.163% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.271%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ATH-USDT	0.005549	0.0090	pay 0.0045% / 4h	31m 10s	$172K	$62K	75x
Short	Bybit ATHUSDT	0.005543	0.0100	get 0.0050% / 4h	31m 10s	$4.4M	$2.3M	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.108%Rate

Funding earned: $2.17
Price spread: −0.108% → −0.271%: $16.32
Slippage, 4 orders: −$82.26
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$86.77
Costs to cover: 1.053%
Break-even: 286.3 days

Slippage from BloFin: live order book, 38 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, 38 min ago	3.60 bp	18.1 bp −$18	62.0 bp −$620	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	4.51 bp	28.1 bp −$28	124.2 bp −$1,242	doesn't fit	doesn't fit

ATH on 13 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
Kraken Futures PF_ATHUSD	−0.3582%	1h	0.005543	−0.104%	$19K	$106K	10x	as long as short
dYdX ATH-USD	0.0000%	1h	0.005552	+0.060%	$11K	$16	5x	as long as short
Variational Omni ATH	+0.0003%	4h	0.005540	−0.165%	$186K	$94K	—	as long as short
OKX ATH-USDT-SWAP	+0.0079%	4h	0.005545	−0.072%	$703K	$1.2M	20x	as long as short
BloFin ATH-USDTlong	+0.0090%	4h	0.005549	long leg	$172K	$62K	75x
Aster ATHUSDT	+0.0100%	4h	0.005555	+0.112%	$4K	$38K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005553	+0.076%	$3.4M	$3.8M	50x	as long as short
Bybit ATHUSDTshort	+0.0100%	4h	0.005543	−0.108%	$4.4M	$2.3M	25x
Gate ATH_USDT	+0.0100%	4h	0.005545	−0.072%	$791K	$516K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005555	+0.108%	$8.9M	$568K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ATHUSDTM	+0.0100%	4h	0.005550	+0.018%	$567K	$78K	30x	as long as short
Bitget ATHUSDT	+0.0100%	4h	0.005550	+0.018%	$1.6M	$794K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005548	−0.018%	—	$21.5M	—	as long as short