Funding you earn now, next payment 04:00 UTC+0.0902%/8h= +98.7% APRpaid last 24h +0.053%
Price spread now: BloFin against Bybit−0.022%72s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as 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−$1151.148% of the position
Funding, last 7 days−1.507%−$151 on $10k
+Price spread, last 4 days (all we have)−0.430%−$43 · spread now −0.022%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and BloFin is 0.028% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.050%. Mind the row above: over the last 7 days funding on this pair cost −1.507%, 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 IOSTUSDT | 0.0008979 | −0.3135 | get 0.3135% / 8h | 5h 14m | $1.9M | $2.1M | 25x |
| Short | BloFin IOST-USDT | 0.0008977 | −0.2233 | pay 0.1117% / 4h | 1h 14m | $298K | $2.0M | 50x |
Bybit IOSTUSDT
BloFin IOST-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
- $189.34
- Price spread: −0.022% → −0.050%
- $2.82
- Slippage, 4 orders
- −$91.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $77.31
- Costs to cover
- 1.148%
- Break-even
- 4.1 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 4 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, 3 min ago | 2.78 bp | 42.4 bp −$42 | 241.2 bp −$2,412 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.11 bp | 13.7 bp −$14 | 26.6 bp −$266 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDTlong | −0.3135% | 8h | 0.0008979 | long leg | $1.9M | $2.1M | 25x | |
| OKX IOST-USDT-SWAP | −0.2508% | 4h | 0.0008978 | −0.011% | $1.6M | $4.0M | 10x | as long as short |
| Binance IOSTUSDT | −0.2284% | 4h | 0.0008976 | −0.033% | $5.8M | $16.0M | 50x | as long as short |
| MEXC IOST_USDT | −0.2280% | 4h | 0.0008977 | −0.022% | $1.9M | $448K | 50x | as long as short |
| BloFin IOST-USDTshort | −0.2233% | 4h | 0.0008977 | −0.022% | $298K | $2.0M | 50x | |
| Bitget IOSTUSDT | −0.2214% | 4h | 0.0008981 | +0.022% | $651K | $2.2M | 25x | as long as short |
| Variational Omni IOST | −0.1730% | 8h | 0.0008986 | +0.075% | $10K | $5K | — | as long as short |
| Gate IOST_USDT | −0.1042% | 4h | 0.0008970 | −0.100% | $726K | $493K | 25x | as long as short |
| BingX IOST-USDT | −0.0798% | 4h | 0.0008976 | −0.033% | — | $2.4M | — | as long as short |
OKX IOST-USDT-SWAP
Binance IOSTUSDT
MEXC IOST_USDT
Bitget IOSTUSDT
Variational Omni IOST
Gate IOST_USDT
BingX IOST-USDT