GENIUS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against Bybit−0.113%72s7-day average +0.181% · you buy dearer than you sell

Net, funding: paid 7d − costs−$200as 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−$1941.944% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 4 days (all we have)+0.659%+$66 · spread now −0.113%, 7d avg +0.181%

Together, before fees+0.607%+$61 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.294% cheaper against Bybit than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.181%). If the spread goes back, that is −$29 on $10k: about 43 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour. The two prices were read 72 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 GENIUSUSDT	0.3535	0.0100	pay 0.0050% / 4h	2h 38m	$1.4M	$2.2M	25x
Short	BloFin GENIUS-USDT	0.3531	0.0123	get 0.0062% / 4h	2h 38m	$502K	$25K	50x

Funding 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 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.113%Rate

Funding earned: $4.85
Price spread: −0.113% → +0.181%: −$29.45
Slippage, 4 orders: −$171.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$218.96
Costs to cover: 1.944%
Break-even: 323.3 days

Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 53 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, 4 min ago	8.50 bp	70.2 bp −$70	921.4 bp −$9,214	doesn't fit	doesn't fit
Sell BloFin live order book, 53 min ago	1.42 bp	22.5 bp −$23	73.5 bp −$735	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
Binance GENIUSUSDT	+0.0100%	4h	0.3538	+0.072%	$9.2M	$17.2M	50x	as long as short
Bybit GENIUSUSDTlong	+0.0100%	4h	0.3535	long leg	$1.4M	$2.2M	25x
Gate GENIUS_USDT	+0.0100%	4h	0.3528	−0.198%	$240K	$373K	20x	as long as short
MEXC GENIUS_USDT	+0.0100%	4h	0.3537	+0.057%	$515K	$317K	20x	as long as short
KuCoin GENIUSUSDTM	+0.0100%	4h	0.3529	−0.167%	$530K	$1.8M	20x	as long as short
Bitget GENIUSUSDT	+0.0100%	4h	0.3529	−0.156%	$726K	$1.1M	20x	as long as short
BingX GENIUS-USDT	+0.0100%	4h	0.3536	+0.028%	—	$1.7M	—	as long as short
Variational Omni GENIUS	+0.0100%	4h	0.3528	−0.199%	$92K	$37K	—	as long as short
SunX GENIUS-USDT	+0.0100%	4h	0.3534	−0.028%	$1K	$747K	20x	as long as short
Extended GENIUS-USD	+0.0104%	1h	0.3535	0.000%	$4K	$201K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin GENIUS-USDTshort	+0.0123%	4h	0.3531	−0.113%	$502K	$25K	50x
Aster GENIUSUSDT	+0.0587%	4h	0.3533	−0.057%	$258K	$408K	20x	as long as short