Funding you earn now, next payment 04:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.60 per $10,000 · paid last 24h −0.082%
Price spread now: BloFin against Bybit−0.403%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)+0.538%+$54 · spread now −0.403%, 7d avg −0.062%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.340% cheaper against Bybit than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −0.062%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07446 | 0.0013 | pay 0.0007% / 4h | 0m 45s | $2.3M | $2.6M | 25x |
| Short | BloFin LA-USDT | 0.07416 | −0.0107 | pay 0.0053% / 4h | 0m 45s | $246K | $20K | 25x |
Bybit LAUSDT
BloFin LA-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
- −$25.21
- Price spread: −0.403% → −0.062%
- −$34.04
- Slippage, 4 orders
- −$56.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$139.07
- Costs to cover
- 0.798%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 31 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, 1 min ago | 2.69 bp | 23.2 bp −$23 | 151.7 bp −$1,517 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 31 min ago | 0.67 bp | 18.3 bp −$18 | 38.4 bp −$384 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0446% | 4h | 0.07435 | −0.148% | $2.0M | $489K | 25x | as long as short |
| BingX LA-USDT | −0.0436% | 4h | 0.07445 | −0.013% | — | $6.6M | — | as long as short |
| KuCoin LAUSDTM | −0.0400% | 4h | 0.07436 | −0.134% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDT | −0.0328% | 4h | 0.07436 | −0.134% | $235K | $842K | 50x | as long as short |
| Aster LAUSDT | −0.0233% | 4h | 0.07443 | −0.045% | $51K | $24K | 5x | as long as short |
| OKX LA-USDT-SWAP | −0.0131% | 4h | 0.07449 | +0.040% | $1.3M | $3.1M | 20x | as long as short |
| MEXC LA_USDT | −0.0108% | 4h | 0.07442 | −0.054% | $379K | $135K | 50x | as long as short |
| BloFin LA-USDTshort | −0.0107% | 4h | 0.07416 | −0.403% | $246K | $20K | 25x | |
| Binance LAUSDT | −0.0089% | 4h | 0.07442 | −0.053% | $4.7M | $9.8M | 25x | as long as short |
| Bybit LAUSDTlong | +0.0013% | 4h | 0.07446 | long leg | $2.3M | $2.6M | 25x |
Bitget LAUSDT
BingX LA-USDT
KuCoin LAUSDTM
Gate LA_USDT
Aster LAUSDT
OKX LA-USDT-SWAP
MEXC LA_USDT
Binance LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07415 | −0.420% | $146K | $467K | 10x | as long as short |
GRVT LA_USDT_Perp