Funding you earn now, next payment 00:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.077%
Price spread now: Bybit against BloFin0.000%52s7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$780.779% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 3 days (all we have)−0.454%−$45 · spread now 0.000%, 7d avg +0.052%
=Funding pays, the price is against you. Bybit is 0.052% cheaper against BloFin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.052%). If the spread goes back, that is −$5 on $10k: about 31 hours of funding at the current rate (+$4 a day). The two prices were read 52 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 LA-USDT | 0.07408 | −0.0036 | get 0.0018% / 4h | 2h 50m | $251K | $19K | 25x |
| Short | Bybit LAUSDT | 0.07408 | 0.0100 | get 0.0050% / 4h | 2h 50m | $2.3M | $2.3M | 25x |
BloFin LA-USDT
Bybit LAUSDTFunding 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
- $28.49
- Price spread: 0.000% → +0.052%
- −$5.23
- Slippage, 4 orders
- −$54.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.65
- Costs to cover
- 0.779%
- Break-even
- 20.4 days
Slippage from BloFin: live order book, 33 min ago; Bybit: live order book, 1 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, 33 min ago | 0.68 bp | 13.1 bp −$13 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.68 bp | 20.2 bp −$20 | 128.7 bp −$1,287 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0834% | 4h | 0.07411 | +0.040% | $245K | $787K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0342% | 4h | 0.07415 | +0.094% | $1.0M | $58K | 30x | as long as short |
| OKX LA-USDT-SWAP | −0.0266% | 4h | 0.07406 | −0.027% | $1.3M | $2.8M | 20x | as long as short |
| BingX LA-USDT | −0.0256% | 4h | 0.07410 | +0.027% | — | $6.6M | — | as long as short |
| Bitget LAUSDT | −0.0220% | 4h | 0.07407 | −0.013% | $2.0M | $519K | 25x | as long as short |
| Aster LAUSDT | −0.0086% | 4h | 0.07409 | +0.014% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | −0.0072% | 4h | 0.07412 | +0.059% | $4.7M | $8.3M | 25x | as long as short |
| MEXC LA_USDT | −0.0072% | 4h | 0.07415 | +0.094% | $399K | $136K | 50x | as long as short |
| BloFin LA-USDTlong | −0.0036% | 4h | 0.07408 | long leg | $251K | $19K | 25x | |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07408 | 0.000% | $2.3M | $2.3M | 25x |
Gate LA_USDT
KuCoin LAUSDTM
OKX LA-USDT-SWAP
BingX LA-USDT
Bitget LAUSDT
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | +0.027% | $145K | $478K | 10x | as long as short |
GRVT LA_USDT_Perp