Funding you earn now, next payment 12:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Bybit0.000%72s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as 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−$2072.074% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.613%−$61 · spread now 0.000%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.027% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.027%). Swap the legs. 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 JELLYJELLYUSDT | 0.05645 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $2.4M | $1.1M | 20x |
| Short | BloFin JELLYJELLY-USDT | 0.05645 | 0.0074 | get 0.0037% / 4h | 3h 43m | $269K | $15K | 20x |
Bybit JELLYJELLYUSDT
BloFin JELLYJELLY-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
- −$5.46
- Price spread: 0.000% → +0.027%
- −$2.69
- Slippage, 4 orders
- −$184.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$215.53
- Costs to cover
- 2.074%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 23 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 | 4.43 bp | 75.7 bp −$76 | 630.3 bp −$6,303 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 3.55 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
JELLYJELLY 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin JELLYJELLY-USDTshort | +0.0074% | 4h | 0.05645 | 0.000% | $269K | $15K | 20x | |
| Aster JELLYJELLYUSDT | +0.0100% | 4h | 0.05633 | −0.213% | $36K | $12K | 5x | as long as short |
| Binance JELLYJELLYUSDT | +0.0100% | 4h | 0.05649 | +0.062% | $4.4M | $1.7M | 25x | as long as short |
| Bybit JELLYJELLYUSDTlong | +0.0100% | 4h | 0.05645 | long leg | $2.4M | $1.1M | 20x | |
| OKX JELLYJELLY-USDT-SWAP | +0.0100% | 4h | 0.05643 | −0.035% | $1.3M | $431K | 10x | as long as short |
| Gate JELLYJELLY_USDT | +0.0100% | 4h | 0.05633 | −0.213% | $2.4M | $122K | 20x | as long as short |
| MEXC JELLYJELLY_USDT | +0.0100% | 4h | 0.05647 | +0.035% | $430K | $146K | 20x | as long as short |
| Extended JELLYJELLY-USD | +0.0104% | 1h | 0.05647 | +0.036% | $3K | $239K | 5x | as long as short |
| KuCoin JELLYJELLYUSDTM | +0.0594% | 4h | 0.05644 | −0.012% | $8.2M | $1.2M | 20x | as long as short |
Aster JELLYJELLYUSDT
Binance JELLYJELLYUSDT
OKX JELLYJELLY-USDT-SWAP
Gate JELLYJELLY_USDT
MEXC JELLYJELLY_USDT
Extended JELLYJELLY-USD
KuCoin JELLYJELLYUSDTM