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

BLESS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.0% APRnext payment +$1.19 per $10,000 · paid last 24h +0.105%
Price spread now: BingX against Bybit+0.087%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2622.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 7 days−0.004%$0 · spread now +0.087%, 7d avg +0.076%
Together, before fees+0.108%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.112% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BLESSUSDT0.0091650.0172pay 0.0086% / 4h1h 50m$2.5M$605K13x
ShortBingX BLESS-USDT0.0091730.0410get 0.0205% / 4h1h 50m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$49.94
Price spread: +0.087% → +0.076%
$1.11
Slippage, 4 orders
−$240.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$210.54
Costs to cover
2.616%
Break-even
36.5 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 16 min ago.

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, 1 min ago2.73 bp90.9 bp −$91doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 16 min ago4.89 bp25.4 bp −$2599.3 bp −$993868.9 bp −$86.9K1364.5 bp −$682.3K

BLESS on 12 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
GRVT BLESS_USDT_Perp0.0000%4h0.007339−19.922%$228K$3K10xas long as short
Gate BLESS_USDT+0.0100%4h0.0091650.000%$853K$798K20xas long as short
KuCoin BLESSUSDTM+0.0100%4h0.009167+0.022%$2.3M$215K40xas long as short
Bitget BLESSUSDT+0.0100%4h0.009177+0.131%$2.7M$735K10xas long as short
Variational Omni BLESS+0.0100%4h0.009161−0.038%$8K$722as long as short
SunX BLESS-USDT+0.0100%4h0.009166+0.011%$2K$794K20xas long as short
Bybit BLESSUSDTlong+0.0172%4h0.009165long leg$2.5M$605K13x
BingX BLESS-USDTshort+0.0410%4h0.009173+0.087%$6.7M
Binance BLESSUSDT+0.0418%4h0.009189+0.262%$4.5M$3.8M40xas long as short
MEXC BLESS_USDT+0.0424%4h0.009189+0.262%$7.1M$673K100xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BLESS-USDT+0.0442%4h0.009221+0.611%$464K$170K40xas long as short
Aster BLESSUSDT+0.0638%4h0.009182+0.191%$49K$56K5xas long as short