Funding you earn now, next payment 08:00 UTC−0.0249%/8h= −27.2% APRpaid last 24h −0.061%
Price spread now: Bybit against BloFin+0.278%112s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs+$40as 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−$1191.185% of the position
Funding, last 7 days+1.589%+$159 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.278%, 7d avg +0.056%
=The price spread pays, funding is against you. Bybit is 0.222% dearer against BloFin than usual: you sell high and buy low (spread +0.278% now, against its 7-day average of +0.056%): +$22 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.0 days. Mind the row above: over the last 7 days funding on this pair paid +1.589%, so the current rate has only just turned against you. The two prices were read 112 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 IOST-USDT | 0.0008989 | −0.1462 | get 0.0731% / 4h | 1h 59m | $296K | $2.0M | 50x |
| Short | Bybit IOSTUSDT | 0.0009014 | −0.1710 | pay 0.1710% / 8h | 1h 59m | $1.9M | $2.0M | 25x |
BloFin IOST-USDT
Bybit IOSTUSDTFunding 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
- −$52.22
- Price spread: +0.278% → +0.056%
- $22.22
- Slippage, 4 orders
- −$95.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$148.54
- Costs to cover
- 1.185%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Bybit: live order book, 2 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, 3 min ago | 1.67 bp | 14.8 bp −$15 | 33.5 bp −$335 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.22 bp | 40.8 bp −$41 | 239.6 bp −$2,396 | doesn't fit | doesn't fit |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAP | −0.2136% | 4h | 0.0009008 | +0.211% | $1.6M | $4.1M | 10x | as long as short |
| Bybit IOSTUSDTshort | −0.1710% | 8h | 0.0009014 | +0.278% | $1.9M | $2.0M | 25x | |
| Variational Omni IOST | −0.1525% | 8h | 0.0008999 | +0.115% | $10K | $5K | — | as long as short |
| Binance IOSTUSDT | −0.1473% | 4h | 0.0009005 | +0.182% | $5.8M | $16.4M | 50x | as long as short |
| MEXC IOST_USDT | −0.1472% | 4h | 0.0009002 | +0.145% | $1.9M | $474K | 50x | as long as short |
| BloFin IOST-USDTlong | −0.1462% | 4h | 0.0008989 | long leg | $296K | $2.0M | 50x | |
| Bitget IOSTUSDT | −0.1262% | 4h | 0.0009005 | +0.178% | $680K | $2.3M | 25x | as long as short |
| BingX IOST-USDT | −0.0522% | 4h | 0.0009005 | +0.178% | — | $2.4M | — | as long as short |
| Gate IOST_USDT | −0.0352% | 4h | 0.0009000 | +0.122% | $703K | $526K | 25x | as long as short |
OKX IOST-USDT-SWAP
Variational Omni IOST
Binance IOSTUSDT
MEXC IOST_USDT
Bitget IOSTUSDT
BingX IOST-USDT
Gate IOST_USDT