Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Bybit−0.102%62s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as 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−$2262.259% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+0.365%+$36 · spread now −0.102%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.092% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.009%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BARDUSDT | 0.1376 | 0.0100 | pay 0.0050% / 4h | 28m 07s | $1.1M | $344K | 25x |
| Short | BloFin BARD-USDT | 0.1375 | 0.0106 | get 0.0053% / 4h | 28m 07s | $118K | $5K | 25x |
Bybit BARDUSDT
BloFin BARD-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
- $1.36
- Price spread: −0.102% → −0.009%
- −$9.23
- Slippage, 4 orders
- −$202.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$233.78
- Costs to cover
- 2.259%
- Break-even
- 1206.6 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 68 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, 2 min ago | 6.90 bp | 87.8 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 68 min ago | 7.29 bp | 22.2 bp −$22 | 93.8 bp −$938 | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BARD-USDT | +0.0070% | 4h | 0.1374 | −0.174% | — | $6.5M | — | as long as short |
| Aster BARDUSDT | +0.0100% | 4h | 0.1377 | +0.043% | $18K | $16K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1375 | −0.102% | $2.2M | $1.8M | 25x | as long as short |
| Bybit BARDUSDTlong | +0.0100% | 4h | 0.1376 | long leg | $1.1M | $344K | 25x | |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1374 | −0.174% | $720K | $994K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1376 | −0.029% | $193K | $30K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1375 | −0.102% | $738K | $175K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1371 | −0.363% | $104K | $60K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1375 | −0.102% | $1.1M | $136K | 20x | as long as short |
| Variational Omni BARD | +0.0100% | 4h | 0.1375 | −0.094% | $12K | $1 | — | as long as short |
BingX BARD-USDT
Aster BARDUSDT
Binance BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDT
Variational Omni BARDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1375 | −0.097% | $147K | $524K | 10x | as long as short |
| BloFin BARD-USDTshort | +0.0106% | 4h | 0.1375 | −0.102% | $118K | $5K | 25x |
GRVT BARD_USDT_Perp