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

C98

all C98 markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.13 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit−0.043%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2862.856% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now −0.043%, 7d avg −0.054%
Together, before fees−0.209%−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit C98USDT0.016400.0100pay 0.0100% / 8h1h 58m$870K$296K25x
ShortBloFin C98-USDT0.016390.0087get 0.0087% / 8h1h 58m$130K$14K50x

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
−$2.74
Price spread: −0.043% → −0.054%
$1.1
Slippage, 4 orders
−$262.58
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$287.23
Costs to cover
2.856%
Break-even
never at this rate
Slippage from Bybit: live order book, 46 min ago; BloFin: live order book, 7 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, 46 min ago15.34 bp108.5 bp −$1082150.8 bp −$21.5Kdoesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago12.23 bp37.7 bp −$3896.2 bp −$962doesn't fitdoesn't fit

C98 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
BloFin C98-USDTshort+0.0087%8h0.01639−0.043%$130K$14K50x
Binance C98USDT+0.0100%8h0.01641+0.059%$1.4M$2.0M50xas long as short
Bybit C98USDTlong+0.0100%8h0.01640long leg$870K$296K25x
Gate C98_USDT+0.0100%8h0.01643+0.201%$110K$46K25xas long as short
MEXC C98_USDT+0.0100%8h0.01639−0.043%$283K$102K100xas long as short
KuCoin C98USDTM+0.0100%8h0.01641+0.079%$199K$38K20xas long as short
Bitget C98USDT+0.0100%8h0.01642+0.140%$192K$348K50xas long as short
Variational Omni C98+0.0100%8h0.01639−0.061%$8K$202as long as short
Kraken Futures PF_C98USD+0.0519%1h0.01642+0.117%$15K$4K10xas long as short