Funding you earn now, next payment 04:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.018%
Price spread now: BloFin against Bybit0.000%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1071.072% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now 0.000%, 7d avg −0.064%
=The price spread pays, funding is against you. BloFin is 0.064% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.064%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.049% in total) that is about 9.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FFUSDT | 0.1273 | 0.0100 | pay 0.0050% / 4h | 53m 07s | $14.4M | $4.7M | 20x |
| Short | BloFin FF-USDT | 0.1273 | 0.0053 | get 0.0026% / 4h | 53m 07s | $2.3M | $298K | 20x |
Bybit FFUSDT
BloFin FF-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
- −$9.92
- Price spread: 0.000% → −0.064%
- $6.43
- Slippage, 4 orders
- −$84.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$110.71
- Costs to cover
- 1.072%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: 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 Bybit live order book, 5 min ago | 2.75 bp | 47.0 bp −$47 | 380.4 bp −$3,804 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.79 bp | 10.3 bp −$10 | 23.4 bp −$234 | doesn't fit | doesn't fit |
FF on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin FF-USDTshort | +0.0053% | 4h | 0.1273 | 0.000% | $2.3M | $298K | 20x | |
| MEXC FF_USDT | +0.0088% | 4h | 0.1273 | +0.008% | $10.1M | $690K | 50x | as long as short |
| Binance FFUSDT | +0.0089% | 4h | 0.1272 | −0.028% | $43.0M | $18.5M | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1274 | +0.094% | $1.2M | $26K | 5x | as long as short |
| Bybit FFUSDTlong | +0.0100% | 4h | 0.1273 | long leg | $14.4M | $4.7M | 20x | |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1276 | +0.275% | $8.6M | $4.7M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1274 | +0.071% | $18.5M | $1.1M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1274 | +0.071% | — | $6.7M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1274 | +0.086% | $1K | $1.2M | 20x | as long as short |
| Gate FF_USDT | +0.0104% | 4h | 0.1275 | +0.165% | $26.9M | $1.4M | 50x | as long as short |
MEXC FF_USDT
Binance FFUSDT
Aster FFUSDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDT
Gate FF_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0696% | 1h | 0.1277 | +0.330% | $135K | $32K | 3x | as long as short |
Lighter FF