Funding you earn now, next payment 04:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h +0.333%
Price spread now: BloFin against Bitget−0.855%55s7-day average −0.402% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as 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−$2092.089% of the position
Funding, last 7 days+1.408%+$141 on $10k
+Price spread, last 4 days (all we have)+0.395%+$40 · spread now −0.855%, 7d avg −0.402%
=Funding pays, the price is against you. BloFin is 0.453% cheaper against Bitget than usual: you would sell low and buy high (spread −0.855% now, against its 7-day average of −0.402%). If the spread goes back, that is −$45 on $10k: about 19 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.408% in total) that is about 2.3 days. The two prices were read 55 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 | Bitget LYNUSDT | 0.04095 | 0.0262 | pay 0.0131% / 4h | 30m 16s | $1.8M | $609K | 10x |
| Short | BloFin LYN-USDT | 0.04060 | 0.0340 | get 0.0170% / 4h | 30m 16s | $412K | $12K | 20x |
Bitget LYNUSDT
BloFin LYN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $16.38
- Price spread: −0.855% → −0.402%
- −$45.26
- Slippage, 4 orders
- −$184.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$237.77
- Costs to cover
- 2.089%
- Break-even
- 108.6 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 5 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 Bitget live order book, 2 min ago | 6.12 bp | 71.2 bp −$71 | 503.9 bp −$5,039 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 16.07 bp | 48.0 bp −$48 | 153.4 bp −$1,534 | doesn't fit | doesn't fit |
LYN on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LYNUSDT | +0.0100% | 4h | 0.04071 | −0.583% | $25K | $25K | 5x | as long as short |
| Binance LYNUSDT | +0.0100% | 4h | 0.04073 | −0.546% | $6.4M | $8.6M | 10x | as long as short |
| Gate LYN_USDT | +0.0100% | 4h | 0.04079 | −0.391% | $281K | $232K | 25x | as long as short |
| MEXC LYN_USDT | +0.0100% | 4h | 0.04073 | −0.537% | $1.2M | $424K | 50x | as long as short |
| KuCoin LYNUSDTM | +0.0100% | 4h | 0.04075 | −0.488% | $1.2M | $163K | 10x | as long as short |
| Extended LYN-USD | +0.0104% | 1h | 0.04071 | −0.574% | $5K | $162K | 5x | as long as short |
| Bitget LYNUSDTlong | +0.0262% | 4h | 0.04095 | long leg | $1.8M | $609K | 10x | |
| BloFin LYN-USDTshort | +0.0340% | 4h | 0.04060 | −0.855% | $412K | $12K | 20x | |
| BingX LYN-USDT | +0.0720% | 4h | 0.04083 | −0.293% | — | $6.6M | — | as long as short |
| Bybit LYNUSDT | +0.0771% | 4h | 0.04085 | −0.244% | $1.9M | $2.0M | 25x | as long as short |
Aster LYNUSDT
Binance LYNUSDT
Gate LYN_USDT
MEXC LYN_USDT
KuCoin LYNUSDTM
Extended LYN-USD
BingX LYN-USDT
Bybit LYNUSDT