Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against BloFin0.000%92s7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as 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−$1571.573% of the position
Funding, last 7 days−0.364%−$36 on $10k
+Price spread, last 3 days (all we have)+0.112%+$11 · spread now 0.000%, 7d avg +0.101%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.101% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.101%). Swap the legs. The two prices were read 92 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 DEXE-USDT | 1.9330 | 0.0340 | pay 0.0170% / 4h | 2h 53m | $394K | $30K | 20x |
| Short | Bybit DEXEUSDT | 1.9330 | 0.0100 | get 0.0050% / 4h | 2h 53m | $2.3M | $903K | 20x |
BloFin DEXE-USDT
Bybit DEXEUSDTFunding 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
- −$50.4
- Price spread: 0.000% → +0.101%
- −$10.07
- Slippage, 4 orders
- −$134.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$217.78
- Costs to cover
- 1.573%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; Bybit: live order book, 3 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, 31 min ago | 2.59 bp | 12.1 bp −$12 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.59 bp | 66.5 bp −$66 | 1162.5 bp −$11.6K | doesn't fit | doesn't fit |
DEXE 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DEXEUSD | −0.0102% | 1h | 1.9304 | −0.136% | $38K | $62K | 20x | as long as short |
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −3.777% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9325 | −0.024% | $171K | $43K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9304 | −0.137% | $7.0M | $8.6M | 20x | as long as short |
| Bybit DEXEUSDTshort | +0.0100% | 4h | 1.9330 | 0.000% | $2.3M | $903K | 20x | |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9330 | 0.000% | $488K | $756K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9310 | −0.103% | $1.8M | $204K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9300 | −0.155% | $3.2M | $504K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9320 | −0.052% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9345 | +0.077% | $35K | $2K | — | as long as short |
Kraken Futures PF_DEXEUSD
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXEShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9310 | −0.103% | $8K | — | 10x | as long as short |
| BloFin DEXE-USDTlong | +0.0340% | 4h | 1.9330 | long leg | $394K | $30K | 20x |
Orderly PERP_DEXE_USDC_mythos