Funding you earn now, next payment 12:00 UTC+0.0309%/8h= +33.9% APRnext payment +$1.55 per $10,000 · paid last 24h +0.067%
Price spread now: BloFin against Bybit+0.276%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$710as in the Funding arb table
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$7347.340% of the position
Funding, last 7 days+0.245%+$25 on $10k
+Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.276%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.329% dearer against Bybit than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HANAUSDT | 0.01448 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $877K | $511K | 25x |
| Short | BloFin HANA-USDT | 0.01452 | 0.0409 | get 0.0205% / 4h | 3h 44m | $332K | $5K | 10x |
Bybit HANAUSDT
BloFin HANA-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
- $64.99
- Price spread: +0.276% → −0.053%
- $32.92
- Slippage, 4 orders
- −$711.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$636.12
- Costs to cover
- 7.340%
- Break-even
- 75.5 days
Slippage from Bybit: live order book, 50 min ago; BloFin: live order book, 30 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, 50 min ago | 6.85 bp | 328.8 bp −$329 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 10.28 bp | 32.5 bp −$32 | 109.8 bp −$1,098 | doesn't fit | doesn't fit |
HANA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HANAUSDT | +0.0100% | 4h | 0.01450 | +0.136% | $13K | $7K | 5x | as long as short |
| Bybit HANAUSDTlong | +0.0100% | 4h | 0.01448 | long leg | $877K | $511K | 25x | |
| Gate HANA_USDT | +0.0100% | 8h | 0.01448 | 0.000% | $629K | $610K | 25x | as long as short |
| KuCoin HANAUSDTM | +0.0100% | 4h | 0.01442 | −0.414% | $594K | $746K | 10x | as long as short |
| Binance HANAUSDT | +0.0355% | 4h | 0.01447 | −0.051% | $5.1M | $2.6M | 10x | as long as short |
| MEXC HANA_USDT | +0.0364% | 4h | 0.01447 | −0.069% | $77K | $91K | 100x | as long as short |
| BloFin HANA-USDTshort | +0.0409% | 4h | 0.01452 | +0.276% | $332K | $5K | 10x | |
| BingX HANA-USDT | +0.0446% | 4h | 0.01448 | 0.000% | — | $6.5M | — | as long as short |
Aster HANAUSDT
Gate HANA_USDT
KuCoin HANAUSDTM
Binance HANAUSDT
MEXC HANA_USDT
BingX HANA-USDT