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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit C98USDT | 0.01640 | 0.0100 | pay 0.0100% / 8h | 1h 58m | $870K | $296K | 25x |
| Short | BloFin C98-USDT | 0.01639 | 0.0087 | get 0.0087% / 8h | 1h 58m | $130K | $14K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 46 min ago | 15.34 bp | 108.5 bp −$108 | 2150.8 bp −$21.5K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 12.23 bp | 37.7 bp −$38 | 96.2 bp −$962 | 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-USDTshort | +0.0087% | 8h | 0.01639 | −0.043% | $130K | $14K | 50x | |
| Binance C98USDT | +0.0100% | 8h | 0.01641 | +0.059% | $1.4M | $2.0M | 50x | as long as short |
| Bybit C98USDTlong | +0.0100% | 8h | 0.01640 | long leg | $870K | $296K | 25x | |
| Gate C98_USDT | +0.0100% | 8h | 0.01643 | +0.201% | $110K | $46K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01639 | −0.043% | $283K | $102K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01641 | +0.079% | $199K | $38K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01642 | +0.140% | $192K | $348K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01639 | −0.061% | $8K | $202 | — | as long as short |
| Kraken Futures PF_C98USD | +0.0519% | 1h | 0.01642 | +0.117% | $15K | $4K | 10x | as long as short |
Bybit C98USDT
BloFin C98-USDT
Binance C98USDT
Gate C98_USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98
Kraken Futures PF_C98USD