Funding you earn now, next payment 08:00 UTC+0.0878%/8h= +96.1% APRnext payment +$4.39 per $10,000 · paid last 24h −0.051%
Price spread now: Bybit against BloFin−0.153%52s7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$618as 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−$6266.260% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.153%, 7d avg −0.205%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Bybit is 0.052% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.205%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FOLKS-USDT | 2.1580 | 0.0138 | pay 0.0069% / 4h | 2h 18m | $411K | $30K | 50x |
| Short | Bybit FOLKSUSDT | 2.1547 | 0.1016 | get 0.0508% / 4h | 2h 18m | $1.2M | $341K | 20x |
BloFin FOLKS-USDT
Bybit FOLKSUSDTFunding 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
- $184.33
- Price spread: −0.153% → −0.205%
- $5.2
- Slippage, 4 orders
- −$602.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$436.44
- Costs to cover
- 6.260%
- Break-even
- 23.6 days
Slippage from BloFin: live order book, 7 min ago; Bybit: live order book, 2 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, 7 min ago | 6.97 bp | 27.7 bp −$28 | 135.8 bp −$1,358 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.03 bp | 256.8 bp −$257 | doesn't fit | doesn't fit | doesn't fit |
FOLKS 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FOLKS | +0.0096% | 1h | 2.1621 | +0.190% | $73K | $2K | 3x | as long as short |
| Aster FOLKSUSDT | +0.0100% | 4h | 2.1554 | −0.122% | $44K | $12K | 5x | as long as short |
| Gate FOLKS_USDT | +0.0100% | 8h | 2.1530 | −0.232% | $264K | $115K | 50x | as long as short |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1460 | −0.556% | $1.2M | $3.1M | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1505 | −0.349% | $14K | $687 | — | as long as short |
| Binance FOLKSUSDT | +0.0124% | 4h | 2.1590 | +0.046% | $6.4M | $1.5M | 50x | as long as short |
| MEXC FOLKS_USDT | +0.0130% | 4h | 2.1590 | +0.046% | $964K | $188K | 100x | as long as short |
| BloFin FOLKS-USDTlong | +0.0138% | 4h | 2.1580 | long leg | $411K | $30K | 50x | |
| Bitget FOLKSUSDT | +0.0142% | 4h | 2.1584 | +0.019% | $1.1M | $157K | 50x | as long as short |
| BingX FOLKS-USDT | +0.0988% | 4h | 2.1570 | −0.046% | — | $6.5M | — | as long as short |
Lighter FOLKS
Aster FOLKSUSDT
Gate FOLKS_USDT
KuCoin FOLKSUSDTM
Variational Omni FOLKS
Binance FOLKSUSDT
MEXC FOLKS_USDT
Bitget FOLKSUSDT
BingX FOLKS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FOLKSUSDTshort | +0.1016% | 4h | 2.1547 | −0.153% | $1.2M | $341K | 20x |