GENIUS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.43 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against BloFin−0.287%52s7-day average −0.214% · you buy dearer than you sell

Net, funding: paid 7d − costs−$189as 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−$1941.935% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−1.750%−$175 · spread now −0.287%, 7d avg −0.214%

Together, before fees−1.700%−$170 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.073% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.214%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.050%, so the current rate has only just turned against you. The two prices were read 52 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 GENIUS-USDT	0.3484	0.0185	pay 0.0093% / 4h	1h 16m	$490K	$25K	50x
Short	Bybit GENIUSUSDT	0.3474	0.0100	get 0.0050% / 4h	1h 16m	$1.4M	$2.4M	25x

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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.287%Rate

Funding earned: −$17.9
Price spread: −0.287% → −0.214%: −$7.31
Slippage, 4 orders: −$170.51
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$218.72
Costs to cover: 1.935%
Break-even: never at this rate

Slippage from BloFin: live order book, 25 min ago; Bybit: live order book, 1 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, 25 min ago	2.90 bp	25.7 bp −$26	63.5 bp −$635	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	5.74 bp	73.1 bp −$73	225.7 bp −$2,257	doesn't fit	doesn't fit

GENIUS on 12 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 GENIUSUSDTshort	+0.0100%	4h	0.3474	−0.287%	$1.4M	$2.4M	25x
Gate GENIUS_USDT	+0.0100%	4h	0.3471	−0.373%	$236K	$390K	20x	as long as short
KuCoin GENIUSUSDTM	+0.0100%	4h	0.3475	−0.255%	$536K	$1.8M	20x	as long as short
Bitget GENIUSUSDT	+0.0100%	4h	0.3470	−0.399%	$718K	$1.2M	20x	as long as short
Variational Omni GENIUS	+0.0100%	4h	0.3496	+0.355%	$91K	$99K	—	as long as short
SunX GENIUS-USDT	+0.0100%	4h	0.3481	−0.086%	$1K	$698K	20x	as long as short
BloFin GENIUS-USDTlong	+0.0185%	4h	0.3484	long leg	$490K	$25K	50x
Binance GENIUSUSDT	+0.0200%	4h	0.3477	−0.208%	$8.9M	$18.1M	50x	as long as short
MEXC GENIUS_USDT	+0.0204%	4h	0.3475	−0.258%	$475K	$340K	20x	as long as short
Extended GENIUS-USD	+0.0208%	1h	0.3479	−0.142%	$3K	$175K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GENIUS-USDT	+0.0214%	4h	0.3476	−0.230%	—	$1.7M	—	as long as short
Aster GENIUSUSDT	+0.0712%	4h	0.3481	−0.086%	$254K	$477K	20x	as long as short