Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against BloFin−0.068%102s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as 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−$1141.140% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.068%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.078% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.010%). Swap the legs. 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 CC-USDT | 0.1181 | 0.0340 | pay 0.0170% / 4h | 9m 34s | $589K | $107K | 75x |
| Short | Bybit CCUSDT | 0.1181 | 0.0100 | get 0.0050% / 4h | 9m 34s | $10.7M | $3.8M | 25x |
BloFin CC-USDT
Bybit CCUSDTFunding 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
- −$50.4
- Price spread: −0.068% → +0.010%
- −$7.78
- Slippage, 4 orders
- −$91.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$172.21
- Costs to cover
- 1.140%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 67 min ago; Bybit: live order book, 4 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, 67 min ago | 1.29 bp | 19.6 bp −$20 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.81 bp | 34.0 bp −$34 | 329.5 bp −$3,295 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3320% | 1h | 0.1169 | −1.050% | $6K | $100 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1181 | −0.024% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1181 | −0.050% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1181 | −0.050% | $11.1M | $11.2M | 75x | as long as short |
| Bybit CCUSDTshort | +0.0100% | 4h | 0.1181 | −0.068% | $10.7M | $3.8M | 25x | |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1182 | +0.051% | $2.6M | $3.5M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1180 | −0.102% | $365K | $214K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1182 | +0.008% | $1.6M | $316K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1182 | +0.051% | $501K | $116K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1182 | +0.068% | $944K | $792K | 20x | as long as short |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1181 | −0.034% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1182 | +0.008% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1180 | −0.091% | $589K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1182 | +0.017% | $82K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1180 | −0.115% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDTlong | +0.0340% | 4h | 0.1181 | long leg | $589K | $107K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1182 | +0.041% | $44K | — | 50x | as long as short |
| Hyperliquid CC | +0.0511% | 1h | 0.1184 | +0.262% | $5.5M | $1.3M | 3x | as long as short |
| Lighter CC | +0.1008% | 1h | 0.1186 | +0.415% | $236K | $154K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC