Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.005%
Price spread now: Bybit against BloFin−0.134%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.134%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.111% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ID-USDT | 0.03735 | 0.0133 | pay 0.0066% / 4h | 2h 50m | $163K | $11K | 50x |
| Short | Bybit IDUSDT | 0.03730 | 0.0100 | get 0.0100% / 8h | 2h 50m | $1.4M | $1.0M | 25x |
BloFin ID-USDT
Bybit IDUSDTFunding 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
- −$6.89
- Price spread: −0.134% → −0.023%
- −$11.12
- Slippage, 4 orders
- −$67.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$108.62
- Costs to cover
- 0.906%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; Bybit: live order book, 5 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, 30 min ago | 2.68 bp | 13.0 bp −$13 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.35 bp | 30.9 bp −$31 | 439.2 bp −$4,392 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03728 | −0.184% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03735 | −0.007% | $2.4M | $3.3M | 50x | as long as short |
| Bybit IDUSDTshort | +0.0100% | 8h | 0.03730 | −0.134% | $1.4M | $1.0M | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03734 | −0.027% | $340K | $135K | 20x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03735 | 0.000% | $772K | $559K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03733 | −0.054% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03735 | 0.000% | $12K | $20K | — | as long as short |
| BloFin ID-USDTlong | +0.0133% | 4h | 0.03735 | long leg | $163K | $11K | 50x | |
| KuCoin IDUSDTM | +0.0272% | 4h | 0.03732 | −0.080% | $1.0M | $61K | 30x | as long as short |
| Gate ID_USDT | +0.0350% | 4h | 0.03730 | −0.134% | $271K | $206K | 25x | as long as short |
Aster IDUSDT
Binance IDUSDT
MEXC ID_USDT
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
KuCoin IDUSDTM
Gate ID_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0442% | 1h | 0.03736 | +0.039% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD