Funding you earn now, next payment 08:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.38 per $10,000 · paid last 24h +0.106%
Price spread now: Bybit against BloFin+0.313%102s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$528as 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−$5575.567% of the position
Funding, last 7 days+0.292%+$29 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.313%, 7d avg −0.019%
=The price spread pays, funding is against you. Bybit is 0.332% dearer against BloFin than usual: you sell high and buy low (spread +0.313% now, against its 7-day average of −0.019%): +$33 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.292%, so the current rate has only just turned against you. 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 CLO-USDT | 0.06712 | 0.0176 | pay 0.0088% / 4h | 1h 07m | $254K | $83K | 10x |
| Short | Bybit CLOUSDT | 0.06733 | 0.0100 | get 0.0050% / 4h | 1h 07m | $767K | $849K | 20x |
BloFin CLO-USDT
Bybit CLOUSDTFunding 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
- −$15.99
- Price spread: +0.313% → −0.019%
- $33.16
- Slippage, 4 orders
- −$533.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$539.58
- Costs to cover
- 5.567%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Bybit: live order book, 32 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, 4 min ago | 14.84 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 32 min ago | 3.12 bp | 204.7 bp −$205 | 753.4 bp −$7,534 | doesn't fit | doesn't fit |
CLO 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CLOUSDTM | +0.0008% | 4h | 0.06720 | +0.119% | $1.1M | $11.8M | 10x | as long as short |
| Bybit CLOUSDTshort | +0.0100% | 4h | 0.06733 | +0.313% | $767K | $849K | 20x | |
| SunX CLO-USDT | +0.0100% | 4h | 0.06729 | +0.253% | $1K | $1.8M | 20x | as long as short |
| BingX CLO-USDT | +0.0158% | 4h | 0.06758 | +0.685% | — | $1.4M | — | as long as short |
| MEXC CLO_USDT | +0.0160% | 4h | 0.06740 | +0.417% | $571K | $139K | 50x | as long as short |
| Binance CLOUSDT | +0.0161% | 4h | 0.06759 | +0.703% | $4.3M | $5.1M | 10x | as long as short |
| BloFin CLO-USDTlong | +0.0176% | 4h | 0.06712 | long leg | $254K | $83K | 10x | |
| Gate CLO_USDT | +0.0460% | 8h | 0.06747 | +0.521% | $465K | $781K | 20x | as long as short |
| Aster CLOUSDT | +0.0882% | 4h | 0.06750 | +0.566% | $32K | $84K | 5x | as long as short |
KuCoin CLOUSDTM
SunX CLO-USDT
BingX CLO-USDT
MEXC CLO_USDT
Binance CLOUSDT
Gate CLO_USDT
Aster CLOUSDT