BLESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0204%/8h= −22.3% APRnext payment −$1.02 per $10,000 · paid last 24h −0.078%

Price spread now: Bybit against BloFin−0.075%52s7-day average −0.309% · you buy dearer than you sell

Net, funding: paid 7d − costs−$283as 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−$3203.202% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.370%+$37 on $10k

Price spread, last 4 days (all we have)−0.727%−$73 · spread now −0.075%, 7d avg −0.309%

Together, before fees−0.357%−$36 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.234% dearer against BloFin than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.309%): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.370%, so the current rate has only just turned against you. The two prices were read 52 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	BloFin BLESS-USDT	0.009326	0.0304	pay 0.0152% / 4h	4m 16s	$464K	$170K	40x
Short	Bybit BLESSUSDT	0.009319	0.0100	get 0.0050% / 4h	4m 16s	$2.6M	$558K	13x

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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.075%Rate

Funding earned: −$42.77
Price spread: −0.075% → −0.309%: $23.4
Slippage, 4 orders: −$297.23
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$339.6
Costs to cover: 3.202%
Break-even: never at this rate

Slippage from BloFin: live order book, 32 min ago; Bybit: live order book, 3 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 BloFin live order book, 32 min ago	6.44 bp	24.0 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.68 bp	129.7 bp −$130	doesn't fit	doesn't fit	doesn't fit

BLESS 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
GRVT BLESS_USDT_Perp	0.0000%	4h	0.007339	−21.304%	$228K	$3K	10x	as long as short
Bybit BLESSUSDTshort	+0.0100%	4h	0.009319	−0.075%	$2.6M	$558K	13x
Gate BLESS_USDT	+0.0100%	4h	0.009315	−0.118%	$875K	$792K	20x	as long as short
KuCoin BLESSUSDTM	+0.0100%	4h	0.009311	−0.161%	$2.4M	$222K	40x	as long as short
Variational Omni BLESS	+0.0100%	4h	0.009316	−0.103%	$8K	$722	—	as long as short
SunX BLESS-USDT	+0.0100%	4h	0.009255	−0.761%	$2K	$758K	20x	as long as short
Bitget BLESSUSDT	+0.0134%	4h	0.009329	+0.032%	$2.8M	$721K	10x	as long as short
BloFin BLESS-USDTlong	+0.0304%	4h	0.009326	long leg	$464K	$170K	40x
Binance BLESSUSDT	+0.0307%	4h	0.009331	+0.058%	$4.5M	$3.7M	40x	as long as short
MEXC BLESS_USDT	+0.0316%	4h	0.009329	+0.032%	$7.3M	$656K	100x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLESS-USDT	+0.0316%	4h	0.009329	+0.032%	—	$6.7M	—	as long as short
Aster BLESSUSDT	+0.0424%	4h	0.009327	+0.009%	$49K	$58K	5x	as long as short