Funding you earn now, next payment 08:00 UTC−0.0550%/8h= −60.2% APRnext payment −$2.75 per $10,000 · paid last 24h −0.149%
Price spread now: Bybit against BloFin−0.360%112s7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$530as 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−$4554.546% of the position
Funding, last 7 days−0.753%−$75 on $10k
+Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.360%, 7d avg −0.157%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.203% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.157%). Swap the legs. 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 | BloFin FIGHT-USDT | 0.003613 | 0.0650 | pay 0.0325% / 4h | 2h 37m | $315K | $7K | 20x |
| Short | Bybit FIGHTUSDT | 0.003600 | 0.0100 | get 0.0050% / 4h | 2h 37m | $1.6M | $177K | 20x |
BloFin FIGHT-USDT
Bybit FIGHTUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$115.42
- Price spread: −0.360% → −0.157%
- −$20.33
- Slippage, 4 orders
- −$431.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$590.36
- Costs to cover
- 4.546%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 52 min ago; Bybit: live order book, 4 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 BloFin live order book, 52 min ago | 11.03 bp | 45.7 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 15.21 bp | 176.0 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
FIGHT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FIGHTUSDTshort | +0.0100% | 4h | 0.003600 | −0.360% | $1.6M | $177K | 20x | |
| KuCoin FIGHTUSDTM | +0.0100% | 4h | 0.003592 | −0.581% | $455K | $28K | 20x | as long as short |
| Aster FIGHTUSDT | +0.0269% | 4h | 0.003606 | −0.194% | $13K | $5K | 5x | as long as short |
| Gate FIGHT_USDT | +0.0362% | 4h | 0.003603 | −0.277% | $228K | $64K | 20x | as long as short |
| Bitget FIGHTUSDT | +0.0514% | 4h | 0.003600 | −0.360% | $1.1M | $119K | 5x | as long as short |
| BloFin FIGHT-USDTlong | +0.0650% | 4h | 0.003613 | long leg | $315K | $7K | 20x | |
| MEXC FIGHT_USDT | +0.0670% | 4h | 0.003603 | −0.277% | $203K | $123K | 20x | as long as short |
| Binance FIGHTUSDT | +0.0671% | 4h | 0.003606 | −0.193% | $3.3M | $1.3M | 20x | as long as short |
KuCoin FIGHTUSDTM
Aster FIGHTUSDT
Gate FIGHT_USDT
Bitget FIGHTUSDT
MEXC FIGHT_USDT
Binance FIGHTUSDT