Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h +0.021%
Price spread now: Bybit against BloFin−0.341%102s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as 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−$770.773% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.341%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.286% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.055%). Swap the legs. The two prices were read 102 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 EGLD-USDT | 4.4010 | 0.0220 | pay 0.0220% / 8h | 1h 07m | $213K | $574K | 75x |
| Short | Bybit EGLDUSDT | 4.3860 | 0.0100 | get 0.0100% / 8h | 1h 07m | $2.5M | $7.8M | 75x |
BloFin EGLD-USDT
Bybit EGLDUSDTFunding 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
- −$25.2
- Price spread: −0.341% → −0.055%
- −$28.6
- Slippage, 4 orders
- −$54.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$131.09
- Costs to cover
- 0.773%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 min ago; Bybit: live order book, 5 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, 14 min ago | 2.29 bp | 18.4 bp −$18 | 32.9 bp −$329 | 155.6 bp −$15.6K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.42 bp | 15.3 bp −$15 | 68.4 bp −$684 | doesn't fit | doesn't fit |
EGLD 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_EGLDUSD | −0.0166% | 1h | 4.3948 | −0.141% | $441K | $698K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.837% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3866 | −0.327% | $4.5M | $23.9M | 75x | as long as short |
| Bybit EGLDUSDTshort | +0.0100% | 8h | 4.3860 | −0.341% | $2.5M | $7.8M | 75x | |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3940 | −0.159% | $449K | $615K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3870 | −0.318% | $4.0M | $2.9M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3930 | −0.182% | $2.9M | $1.1M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3850 | −0.364% | $2.2M | $3.8M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3862 | −0.337% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.4010 | long leg | $213K | $574K | 75x |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0372% | 8h | 4.3840 | −0.386% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0399% | 8h | 4.3830 | −0.409% | $594K | $4.0M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP