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: BloFin against Bybit−0.112%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)+0.305%+$31 · spread now −0.112%, 7d avg +0.063%
=Funding pays, the price is against you. BloFin is 0.176% cheaper against Bybit than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of +0.063%). If the spread goes back, that is −$18 on $10k: about 4.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.042% in total) that is about 29 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EGLDUSDT | 4.4520 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $2.8M | $8.9M | 75x |
| Short | BloFin EGLD-USDT | 4.4470 | 0.0220 | get 0.0220% / 8h | 7h 10m | $234K | $480K | 75x |
Bybit EGLDUSDT
BloFin EGLD-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
- $25.2
- Price spread: −0.112% → +0.063%
- −$17.58
- Slippage, 4 orders
- −$50.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$66.13
- Costs to cover
- 0.738%
- Break-even
- 25.4 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 60 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, 2 min ago | 4.50 bp | 21.1 bp −$21 | 79.1 bp −$791 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 1.15 bp | 26.7 bp −$27 | 44.3 bp −$443 | 155.0 bp −$15.5K | 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 | −0.2475% | 1h | 4.4514 | −0.013% | $445K | $718K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −17.790% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.4493 | −0.061% | $4.9M | $27.5M | 75x | as long as short |
| Bybit EGLDUSDTlong | +0.0100% | 8h | 4.4520 | long leg | $2.8M | $8.9M | 75x | |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.4560 | +0.090% | $660K | $5.4M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.4550 | +0.067% | $510K | $698K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.4470 | −0.112% | $4.4M | $3.4M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.4530 | +0.022% | $2.8M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.4510 | −0.022% | $2.3M | $4.4M | 75x | as long as short |
| BingX EGLD-USDT | +0.0100% | 8h | 4.4510 | −0.022% | — | $2.9M | — | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
OKX EGLD-USDT-SWAP
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
BingX EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.4358 | −0.365% | $17K | $54K | — | as long as short |
| BloFin EGLD-USDTshort | +0.0220% | 8h | 4.4470 | −0.112% | $234K | $480K | 75x |
Variational Omni EGLD