Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.7% APRpaid last 24h +0.005%
Price spread now: BloFin against Bybit−0.106%72s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as 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−$840.841% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.106%, 7d avg +0.021%
=Funding pays, the price is against you. BloFin is 0.127% cheaper against Bybit than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.021%). If the spread goes back, that is −$13 on $10k: about 10.0 days of funding at the current rate (+$1 a day). 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 IDUSDT | 0.03767 | 0.0100 | pay 0.0100% / 8h | 56m 06s | $1.4M | $1.1M | 25x |
| Short | BloFin ID-USDT | 0.03763 | 0.0142 | get 0.0071% / 4h | 56m 06s | $161K | $12K | 50x |
Bybit IDUSDT
BloFin ID-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
- $8.92
- Price spread: −0.106% → +0.021%
- −$12.72
- Slippage, 4 orders
- −$61.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.93
- Costs to cover
- 0.841%
- Break-even
- 76.0 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 6 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, 5 min ago | 5.32 bp | 23.6 bp −$24 | 405.6 bp −$4,056 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 6.66 bp | 15.7 bp −$16 | 38.3 bp −$383 | 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 | 0.03760 | −0.173% | $9K | $135 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03768 | +0.024% | $2.4M | $3.4M | 50x | as long as short |
| Bybit IDUSDTlong | +0.0100% | 8h | 0.03767 | long leg | $1.4M | $1.1M | 25x | |
| Gate ID_USDT | +0.0100% | 4h | 0.03762 | −0.133% | $252K | $238K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03767 | 0.000% | $433K | $155K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03762 | −0.133% | $1.1M | $63K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03772 | +0.133% | $786K | $578K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03765 | −0.053% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03757 | −0.252% | $12K | $20K | — | as long as short |
| BloFin ID-USDTshort | +0.0142% | 4h | 0.03763 | −0.106% | $161K | $12K | 50x |
Aster IDUSDT
Binance IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0438% | 1h | 0.03770 | +0.074% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD