Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Bybit−0.234%72s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as 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−$1611.612% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+1.371%+$137 · spread now −0.234%, 7d avg −0.048%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.186% cheaper against Bybit than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.048%). Swap the legs. The two prices were read 72 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 | Bybit EPICUSDT | 0.6407 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $1.3M | $5.1M | 25x |
| Short | BloFin EPIC-USDT | 0.6392 | 0.0090 | get 0.0045% / 4h | 3h 58m | $331K | $99K | 20x |
Bybit EPICUSDT
BloFin EPIC-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
- −$2.04
- Price spread: −0.234% → −0.048%
- −$18.58
- Slippage, 4 orders
- −$138.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$181.81
- Costs to cover
- 1.612%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 37 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, 5 min ago | 3.89 bp | 48.9 bp −$49 | 518.5 bp −$5,185 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 4.69 bp | 34.3 bp −$34 | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
EPIC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EPIC-USDT | +0.0070% | 4h | 0.6403 | −0.062% | — | $2.6M | — | as long as short |
| BloFin EPIC-USDTshort | +0.0090% | 4h | 0.6392 | −0.234% | $331K | $99K | 20x | |
| Binance EPICUSDT | +0.0100% | 4h | 0.6400 | −0.109% | $6.4M | $23.7M | 20x | as long as short |
| Bybit EPICUSDTlong | +0.0100% | 4h | 0.6407 | long leg | $1.3M | $5.1M | 25x | |
| Gate EPIC_USDT | +0.0100% | 4h | 0.6392 | −0.234% | $549K | $1.4M | 25x | as long as short |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6398 | −0.140% | $274K | $313K | 20x | as long as short |
| Bitget EPICUSDT | +0.0132% | 4h | 0.6401 | −0.094% | $5.6M | $3.3M | 10x | as long as short |
BingX EPIC-USDT
Binance EPICUSDT
Gate EPIC_USDT
MEXC EPIC_USDT
Bitget EPICUSDT