Funding you earn now, next payment 08:00 UTC−0.1055%/8h= −115.5% APRnext payment −$5.27 per $10,000 · paid last 24h +0.057%
Price spread now: BloFin against Bybit+0.057%72s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as 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−$810.805% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.057%, 7d avg −0.015%
=The price spread pays, funding is against you. BloFin is 0.073% dearer against Bybit than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.015%): +$7 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.149%, so the current rate has only just turned against you. The two prices were read 72 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 0.149% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.27 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 | Bybit BANKUSDT | 0.03483 | 0.1395 | pay 0.0697% / 4h | 3h 52m | $2.9M | $6.4M | 20x |
| Short | BloFin BANK-USDT | 0.03485 | 0.0340 | get 0.0170% / 4h | 3h 52m | $449K | $71K | 50x |
Bybit BANKUSDT
BloFin BANK-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
- −$221.46
- Price spread: +0.057% → −0.015%
- $7.26
- Slippage, 4 orders
- −$57.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$294.7
- Costs to cover
- 0.805%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 44 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, 1 min ago | 1.43 bp | 19.3 bp −$19 | 246.9 bp −$2,469 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 2.87 bp | 13.5 bp −$14 | 35.8 bp −$358 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03478 | −0.144% | $55K | $98K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03480 | −0.086% | $7.7M | $30.8M | 50x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03481 | −0.057% | $2.5M | $524K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03482 | −0.029% | $1.2M | $168K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03483 | 0.000% | $40K | $226K | 20x | as long as short |
| edgeX BANKUSDC | +0.0109% | 4h | 0.03484 | +0.019% | $1K | $245K | 5x | as long as short |
| BloFin BANK-USDTshort | +0.0340% | 4h | 0.03485 | +0.057% | $449K | $71K | 50x | |
| Gate BANK_USDT | +0.0482% | 4h | 0.03482 | −0.029% | $723K | $1.3M | 10x | as long as short |
| Bitget BANKUSDT | +0.0594% | 4h | 0.03484 | +0.029% | $2.8M | $3.4M | 25x | as long as short |
| Bybit BANKUSDTlong | +0.1395% | 4h | 0.03483 | long leg | $2.9M | $6.4M | 20x |
Aster BANKUSDT
Binance BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
Gate BANK_USDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDT | +0.4418% | 4h | 0.03481 | −0.057% | — | $6.9M | — | as long as short |
BingX BANK-USDT