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

BIRB

all BIRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.37 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit−0.161%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.161% cheaper against Bybit than usual: you would sell low and buy high (spread −0.161% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 7.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.016% in total) that is about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BIRBUSDT0.068470.3512pay 0.1756% / 4h3h 14m$651K$462K25x
ShortBloFin BIRB-USDT0.068360.3586get 0.1793% / 4h3h 14m$83K$5K25x

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

Profit calculator

Funding earned
$15.43
Price spread: −0.161% → 0.000%
−$16.07
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.63
Costs to cover
0.230%
Break-even
17.7 days
Slippage unknown: Bybit: live order book, 11 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 11 min ago5.14 bp64.8 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BIRB on 9 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
Aster BIRBUSDT+0.0100%4h0.06848+0.018%$15K$14K5xas long as short
Binance BIRBUSDT+0.0100%4h0.06865+0.256%$1.3M$1.8M50xas long as short
Gate BIRB_USDT+0.0100%4h0.06855+0.117%$49K$72K20xas long as short
MEXC BIRB_USDT+0.0100%4h0.06864+0.248%$138K$101K50xas long as short
Bitget BIRBUSDT+0.0100%4h0.06853+0.088%$425K$126K20xas long as short
KuCoin BIRBUSDTM+0.0342%4h0.06868+0.307%$83K$35K20xas long as short
Bybit BIRBUSDTlong+0.3512%4h0.06847long leg$651K$462K25x
BloFin BIRB-USDTshort+0.3586%4h0.06836−0.161%$83K$5K25x
BingX BIRB-USDT+0.3614%4h0.06858+0.161%$752Kas long as short