Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against BloFin−0.366%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$283as in the Funding arb table
Net, price: spread back to 7d avg − costs−$311as in the Price arb table
costs, in and out, $10k−$2722.719% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.366%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.387% cheaper against BloFin than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CYBER-USDT | 0.3283 | 0.0133 | pay 0.0067% / 4h | 2h 38m | $110K | $4K | 50x |
| Short | Bybit CYBERUSDT | 0.3271 | 0.0100 | get 0.0050% / 4h | 2h 38m | $935K | $482K | 25x |
BloFin CYBER-USDT
Bybit CYBERUSDTFunding 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
- −$7.01
- Price spread: −0.366% → +0.021%
- −$38.65
- Slippage, 4 orders
- −$248.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$317.58
- Costs to cover
- 2.719%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 min ago; Bybit: 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 BloFin live order book, 33 min ago | 3.03 bp | 18.0 bp −$18 | 102.2 bp −$1,022 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 10.63 bp | 117.4 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
CYBER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CYBERUSD | +0.0044% | 1h | 0.3270 | −0.385% | $10K | $4K | 10x | as long as short |
| Aster CYBERUSDT | +0.0100% | 4h | 0.3269 | −0.430% | $14K | $4K | 5x | as long as short |
| Binance CYBERUSDT | +0.0100% | 4h | 0.3270 | −0.394% | $1.7M | $2.3M | 50x | as long as short |
| Bybit CYBERUSDTshort | +0.0100% | 4h | 0.3271 | −0.366% | $935K | $482K | 25x | |
| Gate CYBER_USDT | +0.0100% | 8h | 0.3270 | −0.396% | $148K | $272K | 40x | as long as short |
| MEXC CYBER_USDT | +0.0100% | 4h | 0.3269 | −0.426% | $286K | $81K | 50x | as long as short |
| KuCoin CYBERUSDTM | +0.0100% | 4h | 0.3271 | −0.366% | $474K | $98K | 30x | as long as short |
| Bitget CYBERUSDT | +0.0100% | 4h | 0.3271 | −0.366% | $287K | $241K | 50x | as long as short |
| BingX CYBER-USDT | +0.0100% | 4h | 0.3269 | −0.426% | — | $2.3M | — | as long as short |
| Variational Omni CYBER | +0.0100% | 4h | 0.3284 | +0.044% | $464 | $1 | — | as long as short |
Kraken Futures PF_CYBERUSD
Aster CYBERUSDT
Binance CYBERUSDT
Gate CYBER_USDT
MEXC CYBER_USDT
KuCoin CYBERUSDTM
Bitget CYBERUSDT
BingX CYBER-USDT
Variational Omni CYBERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CYBER-USDTlong | +0.0133% | 4h | 0.3283 | long leg | $110K | $4K | 50x |