CC

Alert: funding

Alert: spread

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: BloFin against Bybit−0.137%62s7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as 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−$820.820% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.387%+$39 on $10k

Price spread, last 3 days (all we have)+0.297%+$30 · spread now −0.137%, 7d avg −0.011%

Together, before fees+0.684%+$68 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.126% cheaper against Bybit than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.011%). If the spread goes back, that is −$13 on $10k: about 42 hours of funding at the current rate (+$7 a day). The two prices were read 62 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	Bybit CCUSDT	0.1168	0.0100	pay 0.0050% / 4h	2h 48m	$10.5M	$3.7M	25x
Short	BloFin CC-USDT	0.1166	0.0340	get 0.0170% / 4h	2h 48m	$587K	$108K	75x

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

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now −0.137%Rate

Funding earned: $50.4
Price spread: −0.137% → −0.011%: −$12.63
Slippage, 4 orders: −$59.02
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$44.25
Costs to cover: 0.820%
Break-even: 13.1 days

Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 38 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, 5 min ago	0.43 bp	24.0 bp −$24	343.8 bp −$3,438	doesn't fit	doesn't fit
Sell BloFin live order book, 38 min ago	1.71 bp	19.1 bp −$19	46.1 bp −$461	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	−0.3670%	1h	0.1153	−1.276%	$6K	$98	5.5x	as long as short
Paradex CC-USD-PERP	+0.0099%	8h	0.1166	−0.127%	$1K	—	5x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1167	−0.089%	$35K	$39K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1168	−0.034%	$11.1M	$10.8M	75x	as long as short
Bybit CCUSDTlong	+0.0100%	4h	0.1168	long leg	$10.5M	$3.7M	25x
OKX CC-USDT-SWAP	+0.0100%	4h	0.1168	+0.051%	$2.5M	$3.4M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1165	−0.265%	$362K	$206K	50x	as long as short
MEXC CC_USDT	+0.0100%	4h	0.1168	−0.009%	$1.7M	$293K	100x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1168	0.000%	$493K	$115K	50x	as long as short
Bitget CCUSDT	+0.0100%	4h	0.1167	−0.051%	$943K	$783K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CC-USDT	+0.0100%	4h	0.1168	−0.009%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1167	−0.051%	$18K	$21K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1166	−0.145%	$581K	$43K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1168	−0.017%	$84K	$2.2M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1167	−0.041%	$7K	$35K	6.7x	as long as short
BloFin CC-USDTshort	+0.0340%	4h	0.1166	−0.137%	$587K	$108K	75x
GMX CC/USD [WBTC.b-USDC]	L +0.0442% / S −0.0239%	1h	0.1169	+0.057%	$43K	—	50x	as long as short
Hyperliquid CC	+0.0904%	1h	0.1168	+0.051%	$5.5M	$1.3M	3x	as long as short
Lighter CC	+0.1872%	1h	0.1172	+0.394%	$234K	$160K	5x	as long as short