Funding you earn now, next payment 16:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.16 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against BloFin+0.018%102s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$265as 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−$2692.690% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.366%+$37 · spread now +0.018%, 7d avg +0.051%
=Funding pays, the price is against you. Bybit is 0.033% cheaper against BloFin than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.051%). If the spread goes back, that is −$3 on $10k: about 6.8 days of funding at the current rate ($0 a day). The two prices were read 102 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 C98-USDT | 0.01637 | 0.0084 | pay 0.0084% / 8h | 7h 39m | $132K | $10K | 50x |
| Short | Bybit C98USDT | 0.01637 | 0.0100 | get 0.0100% / 8h | 7h 39m | $866K | $279K | 25x |
BloFin C98-USDT
Bybit C98USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.33
- Price spread: +0.018% → +0.051%
- −$3.25
- Slippage, 4 orders
- −$245.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$268.87
- Costs to cover
- 2.690%
- Break-even
- 571.9 days
Slippage from BloFin: live order book, 17 min ago; Bybit: live order book, 56 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, 17 min ago | 9.13 bp | 31.4 bp −$31 | 109.2 bp −$1,092 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 56 min ago | 12.20 bp | 107.8 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
C98 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin C98-USDTlong | +0.0084% | 8h | 0.01637 | long leg | $132K | $10K | 50x | |
| Binance C98USDT | +0.0100% | 8h | 0.01636 | −0.033% | $1.4M | $2.0M | 50x | as long as short |
| Bybit C98USDTshort | +0.0100% | 8h | 0.01637 | +0.018% | $866K | $279K | 25x | |
| Gate C98_USDT | +0.0100% | 8h | 0.01641 | +0.244% | $110K | $44K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01637 | 0.000% | $274K | $103K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01640 | +0.183% | $199K | $38K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01639 | +0.122% | $185K | $343K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01637 | +0.014% | $8K | $202 | — | as long as short |
| Kraken Futures PF_C98USD | +0.3423% | 1h | 0.01641 | +0.236% | $15K | $4K | 10x | as long as short |
Binance C98USDT
Gate C98_USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98
Kraken Futures PF_C98USD