Funding you earn now, next payment 00:00 UTC+0.0201%/8h= +22.0% APRnext payment +$1.00 per $10,000 · paid last 24h +0.049%
Price spread now: Binance against Bybit+0.248%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$354as in the Price arb table
costs, in and out, $10k−$3603.598% of the position
Funding, last 7 days−0.406%−$41 on $10k
+Price spread, last 7 days−0.062%−$6 · spread now +0.248%, 7d avg +0.186%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.062% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.186%. Mind the row above: over the last 7 days funding on this pair cost −0.406%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BLESSUSDT | 0.009275 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $2.6M | $517K | 13x |
| Short | Binance BLESSUSDT | 0.009298 | 0.0301 | get 0.0150% / 4h | 1h 49m | $4.5M | $3.5M | 40x |
Bybit BLESSUSDT
Binance BLESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $42.18
- Price spread: +0.248% → +0.186%
- $6.23
- Slippage, 4 orders
- −$338.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$311.37
- Costs to cover
- 3.598%
- Break-even
- 58.7 days
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 2 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 | 1.08 bp | 150.0 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.61 bp | 40.5 bp −$41 | 213.5 bp −$2,135 | 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 | 0.007338 | −20.880% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDTlong | +0.0100% | 4h | 0.009275 | long leg | $2.6M | $517K | 13x | |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009268 | −0.075% | $2.3M | $185K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009278 | +0.029% | $8K | $2K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009220 | −0.593% | $2K | $673K | 20x | as long as short |
| Gate BLESS_USDT | +0.0220% | 4h | 0.009274 | −0.011% | $879K | $753K | 20x | as long as short |
| BloFin BLESS-USDT | +0.0256% | 4h | 0.009294 | +0.205% | $457K | $172K | 40x | as long as short |
| Binance BLESSUSDTshort | +0.0301% | 4h | 0.009298 | +0.248% | $4.5M | $3.5M | 40x | |
| MEXC BLESS_USDT | +0.0302% | 4h | 0.009298 | +0.248% | $7.2M | $634K | 100x | as long as short |
| BingX BLESS-USDT | +0.0402% | 4h | 0.009291 | +0.173% | — | $6.7M | — | as long as short |
GRVT BLESS_USDT_Perp
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
Gate BLESS_USDT
BloFin BLESS-USDT
MEXC BLESS_USDT
BingX BLESS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BLESSUSDT | +0.0426% | 4h | 0.009291 | +0.173% | $2.8M | $745K | 10x | as long as short |
| Aster BLESSUSDT | +0.0935% | 4h | 0.009284 | +0.100% | $51K | $58K | 5x | as long as short |
Bitget BLESSUSDT
Aster BLESSUSDT