Funding you earn now, next payment 00:00 UTC+0.0357%/8h= +39.1% APRnext payment +$1.79 per $10,000 · paid last 24h +0.065%
Price spread now: BloFin against Bybit−0.137%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$773as in the Funding arb table
Net, price: spread back to 7d avg − costs−$814as in the Price arb table
costs, in and out, $10k−$7907.898% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 3 days (all we have)+0.456%+$46 · spread now −0.137%, 7d avg +0.102%
=Funding pays, the price is against you. BloFin is 0.240% cheaper against Bybit than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.102%). If the spread goes back, that is −$24 on $10k: about 2.2 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.173% in total) that is about 9.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DOSUSDT | 0.2185 | 0.0226 | pay 0.0113% / 4h | 7m 17s | $845K | $167K | 20x |
| Short | BloFin DOS-USDT | 0.2182 | 0.0583 | get 0.0292% / 4h | 7m 17s | $109K | $21K | 20x |
Bybit DOSUSDT
BloFin DOS-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
- $75.03
- Price spread: −0.137% → +0.102%
- −$23.95
- Slippage, 4 orders
- −$766.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$738.76
- Costs to cover
- 7.898%
- Break-even
- 75.9 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 53 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, 3 min ago | 2.29 bp | 447.3 bp −$447 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 2.30 bp | 12.1 bp −$12 | 51.2 bp −$512 | doesn't fit | doesn't fit |
DOS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2184 | −0.046% | $184K | $137K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2187 | +0.101% | $296K | $870K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2182 | −0.133% | $227K | $259K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2183 | −0.092% | $14K | $364K | 10x | as long as short |
| Bybit DOSUSDTlong | +0.0226% | 4h | 0.2185 | long leg | $845K | $167K | 20x | |
| OKX DOS-USDT-SWAP | +0.0311% | 4h | 0.2182 | −0.137% | $1.2M | $2.0M | 20x | as long as short |
| BingX DOS-USDT | +0.0564% | 4h | 0.2183 | −0.092% | — | $1.6M | — | as long as short |
| BloFin DOS-USDTshort | +0.0583% | 4h | 0.2182 | −0.137% | $109K | $21K | 20x | |
| MEXC DOS_USDT | +0.0590% | 4h | 0.2183 | −0.092% | $488K | $160K | 20x | as long as short |
| Binance DOSUSDT | +0.0590% | 4h | 0.2184 | −0.058% | $2.2M | $2.3M | 20x | as long as short |
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
BingX DOS-USDT
MEXC DOS_USDT
Binance DOSUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0850% | 4h | 0.2185 | −0.023% | $5K | $12K | 5x | as long as short |
Aster DOSUSDT