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

B

all B markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0371%/8h= −40.6% APRnext payment $1.85 per $10,000 · paid last 24h −0.129%
Price spread now: Bybit against BloFin−0.208%7-day average −0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2552.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.267%−$27 on $10k
Price spread, last 3 days (all we have)+2.460%+$246 · spread now −0.208%, 7d avg −0.212%
Together, before fees+2.194%+$219 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.212%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin B-USDT0.20210.0820pay 0.0410% / 4h2h 38m$595K$39K20x
ShortBybit BUSDT0.20170.0449get 0.0225% / 4h2h 38m$1.8M$932K13x

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
−$77.81
Price spread: −0.208% → −0.212%
$0.44
Slippage, 4 orders
−$231.86
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$332.23
Costs to cover
2.549%
Break-even
never at this rate
Slippage from BloFin: live order book, 47 min ago; Bybit: live order book, 2 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, 47 min ago7.44 bp22.0 bp −$2295.7 bp −$957doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.71 bp102.1 bp −$1021018.0 bp −$10.2Kdoesn't fitdoesn't fit

B on 11 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
Gate B_USDT+0.0100%4h0.2016−0.247%$3.4M$589K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2016−0.247%$1.9M$71K10xas long as short
Bybit BUSDTshort+0.0449%4h0.2017−0.208%$1.8M$932K13x
BingX B-USDT+0.0800%4h0.2018−0.148%$1.2Mas long as short
edgeX BUSDC+0.0805%4h0.2021+0.008%$3K$390K5xas long as short
Binance BUSDT+0.0815%4h0.2018−0.130%$11.7M$2.0M20xas long as short
Extended B-USD+0.0816%1h0.2018−0.152%$15K$117K5xas long as short
MEXC B_USDT+0.0816%4h0.2018−0.148%$966K$343K100xas long as short
BloFin B-USDTlong+0.0820%4h0.2021long leg$595K$39K20x
Bitget BUSDT+0.0830%4h0.2018−0.148%$2.7M$231K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1320%4h0.2019−0.119%$1.9M$200K5xas long as short