Settings8H · net · $10k
Funding arb · Price arb /

ETHBTC

all ETHBTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.3% APRnext payment $1.21 per $10,000 · paid last 24h −0.024%
Price spread now: Bybit against BloFin0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETHBTC-USDT0.031940.0312pay 0.0312% / 8h3h 12m$66K25x
ShortBybit ETHBTCUSDT0.031940.0190get 0.0190% / 8h3h 12m$4.0M$1.4M25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$25.45
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$48.45
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Bybit live order book, 5 min ago3.13 bp10.3 bp −$1049.2 bp −$492doesn't fitdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ETHBTC on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHBTCUSDTM+0.0100%8h0.03192−0.050%$6K$1320xas long as short
Bybit ETHBTCUSDTshort+0.0190%8h0.031940.000%$4.0M$1.4M25x
BloFin ETHBTC-USDTlong+0.0312%8h0.03194long leg$66K25x