Funding you earn now, next payment 08:00 UTC+0.0123%/8h= +13.5% APRnext payment +$1.23 per $10,000 · paid last 24h +0.024%
Price spread now: BloFin against Bybit+0.066%112s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.066% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 112 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 ETHBTCUSDT | 0.03201 | 0.0214 | pay 0.0214% / 8h | 1h 37m | $4.0M | $1.4M | 25x |
| Short | BloFin ETHBTC-USDT | 0.03203 | 0.0337 | get 0.0337% / 8h | 1h 37m | — | $66K | 25x |
Bybit ETHBTCUSDT
BloFin ETHBTC-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
- $25.89
- Price spread: +0.066% → 0.000%
- $6.56
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $9.45
- Costs to cover
- 0.230%
- Break-even
- 4.4 days
Slippage unknown: Bybit: live order book, just now; BloFin: no order-book sample. Net counts fees only.
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, just now | 3.12 bp | 12.1 bp −$12 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ETHBTCUSDTM | +0.0100% | 8h | 0.03198 | −0.091% | $6K | $13 | 20x | as long as short |
| Bybit ETHBTCUSDTlong | +0.0214% | 8h | 0.03201 | long leg | $4.0M | $1.4M | 25x | |
| BloFin ETHBTC-USDTshort | +0.0337% | 8h | 0.03203 | +0.066% | — | $66K | 25x |
KuCoin ETHBTCUSDTM