Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.2188%/8h= +239.6% APRpaid last 24h +0.420%
Price spread now: Bybit against Bluefin−0.151%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+3.691%+$369 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bybit is 0.151% cheaper against Bluefin than usual: you would sell low and buy high (spread −0.151% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 6 hours of funding at the current rate (+$66 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin DEEP-PERP0.01987−0.2088get 0.0261% / 1h58m 57s$81K$17K20x
ShortBybit DEEPUSDT0.019840.0100get 0.0100% / 8h58m 57s$4.2M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bluefin. 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

Funding earned
$459.42
Price spread: −0.151% → 0.000%
−$15.1
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$426.32
Costs to cover
0.180%
Break-even
0.5 days
Slippage unknown: Bluefin: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bluefin no order-book sample
Sell Bybit live order book, 4 min ago5.05 bp35.5 bp −$35201.5 bp −$2,015doesn't fitdoesn't fit
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DEEP on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERPlong−0.2088%1h0.01987long leg$81K$17K20x
BloFin DEEP-USDT+0.0090%8h0.01985−0.101%$139K$34K50xas long as short
Binance DEEPUSDT+0.0100%4h0.01995+0.403%$2.1M$6.0M50xas long as short
Bybit DEEPUSDTshort+0.0100%8h0.01984−0.151%$4.2M$2.6M50x
Gate DEEP_USDT+0.0100%4h0.01989+0.101%$306K$97K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01995+0.403%$1.1M$539K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01993+0.302%$1.8M$93K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01995+0.403%$850K$596K50xas long as short
Variational Omni DEEP+0.0100%8h0.01979−0.391%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01995+0.382%$5K$221K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.01990+0.151%$6.7Mas long as short
Kraken Futures PF_DEEPUSD+1.3525%1h0.02014+1.359%$8K$7K10xas long as short