Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bybit+0.102%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1461.457% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.408%−$41 · spread now +0.102%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.089% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DEEPUSDT | 0.01969 | 0.0100 | pay 0.0100% / 8h | 2h 56m | $4.2M | $2.6M | 50x |
| Short | BloFin DEEP-USDT | 0.01971 | 0.0128 | get 0.0128% / 8h | 2h 56m | $138K | $34K | 50x |
Bybit DEEPUSDT
BloFin DEEP-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.79
- Price spread: +0.102% → +0.013%
- $8.9
- Slippage, 4 orders
- −$122.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$131.02
- Costs to cover
- 1.457%
- Break-even
- 165.4 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 23 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, 1 min ago | 5.08 bp | 39.5 bp −$39 | 353.1 bp −$3,531 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 2.54 bp | 27.2 bp −$27 | 89.0 bp −$890 | doesn't fit | doesn't fit |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.0200% | 1h | 0.01974 | +0.254% | $80K | $15K | 20x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01977 | +0.411% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDTlong | +0.0100% | 8h | 0.01969 | long leg | $4.2M | $2.6M | 50x | |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01977 | +0.406% | $305K | $96K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01976 | +0.356% | $1.0M | $543K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01981 | +0.609% | $1.8M | $94K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01979 | +0.508% | $835K | $599K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01975 | +0.281% | $11K | $6K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01977 | +0.399% | $5K | $221K | 5x | as long as short |
| BloFin DEEP-USDTshort | +0.0128% | 8h | 0.01971 | +0.102% | $138K | $34K | 50x |
Bluefin DEEP-PERP
Binance DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDT | +0.0200% | 4h | 0.01974 | +0.254% | — | $6.7M | — | as long as short |
| Kraken Futures PF_DEEPUSD | +1.2171% | 1h | 0.01998 | +1.479% | $8K | $6K | 10x | as long as short |
BingX DEEP-USDT
Kraken Futures PF_DEEPUSD