Funding you earn now, next payment 04:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.46 per $10,000 · paid last 24h +0.097%
Price spread now: BloFin against Bybit+0.078%7-day average +0.210% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$2962.965% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 3 days (all we have)−0.784%−$78 · spread now +0.078%, 7d avg +0.210%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.132% cheaper against Bybit than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.210%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.261%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BUSDT | 0.2052 | 0.0909 | pay 0.0455% / 4h | 3h 16m | $1.7M | $959K | 13x |
| Short | BloFin B-USDT | 0.2054 | 0.0817 | get 0.0409% / 4h | 3h 16m | $605K | $40K | 20x |
Bybit BUSDT
BloFin B-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$19.28
- Price spread: +0.078% → +0.210%
- −$13.2
- Slippage, 4 orders
- −$273.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$328.96
- Costs to cover
- 2.965%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 55 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 Bybit live order book, 5 min ago | 0.97 bp | 115.2 bp −$115 | 3077.6 bp −$30.8K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 4.92 bp | 26.5 bp −$27 | 90.4 bp −$904 | doesn't fit | doesn't fit |
B on 11 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 B_USDT | +0.0100% | 4h | 0.2053 | +0.029% | $3.5M | $618K | 20x | as long as short |
| KuCoin BUSDTM | +0.0696% | 4h | 0.2050 | −0.117% | $1.9M | $71K | 10x | as long as short |
| MEXC B_USDT | +0.0804% | 4h | 0.2054 | +0.078% | $1.0M | $355K | 100x | as long as short |
| Binance BUSDT | +0.0805% | 4h | 0.2055 | +0.121% | $11.9M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0808% | 1h | 0.2054 | +0.078% | $16K | $221K | 5x | as long as short |
| edgeX BUSDC | +0.0814% | 4h | 0.2057 | +0.232% | $3K | $391K | 5x | as long as short |
| BloFin B-USDTshort | +0.0817% | 4h | 0.2054 | +0.078% | $605K | $40K | 20x | |
| Bybit BUSDTlong | +0.0909% | 4h | 0.2052 | long leg | $1.7M | $959K | 13x | |
| BingX B-USDT | +0.1148% | 4h | 0.2054 | +0.078% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.1188% | 4h | 0.2054 | +0.078% | $2.8M | $230K | 10x | as long as short |
Gate B_USDT
KuCoin BUSDTM
MEXC B_USDT
Binance BUSDT
Extended B-USD
edgeX BUSDC
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1555% | 4h | 0.2055 | +0.119% | $1.9M | $214K | 5x | as long as short |
Aster BUSDT