Funding you earn now, next payment 12:00 UTC−0.0629%/8h= −68.9% APRnext payment −$3.15 per $10,000 · paid last 24h −0.138%
Price spread now: Bybit against BloFin+0.835%102s7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$545as 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−$4264.265% of the position
Funding, last 7 days−1.185%−$118 on $10k
+Price spread, last 4 days (all we have)−0.667%−$67 · spread now +0.835%, 7d avg +0.186%
=The price spread pays, funding is against you. Bybit is 0.649% dearer against BloFin than usual: you sell high and buy low (spread +0.835% now, against its 7-day average of +0.186%): +$65 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 3.4 days. The two prices were read 102 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 LYN-USDT | 0.04191 | 0.0729 | pay 0.0365% / 4h | 3h 39m | $430K | $25K | 20x |
| Short | Bybit LYNUSDT | 0.04226 | 0.0100 | get 0.0050% / 4h | 3h 39m | $2.0M | $3.0M | 25x |
BloFin LYN-USDT
Bybit LYNUSDTFunding 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
- −$132.17
- Price spread: +0.835% → +0.186%
- $64.87
- Slippage, 4 orders
- −$403.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$493.78
- Costs to cover
- 4.265%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 36 min ago; Bybit: live order book, 3 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, 36 min ago | 16.96 bp | 38.7 bp −$39 | 128.9 bp −$1,289 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.76 bp | 164.9 bp −$165 | 799.2 bp −$7,992 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LYNUSDTshort | +0.0100% | 4h | 0.04226 | +0.835% | $2.0M | $3.0M | 25x | |
| Bitget LYNUSDT | +0.0100% | 4h | 0.04234 | +1.026% | $1.8M | $851K | 10x | as long as short |
| Gate LYN_USDT | +0.0376% | 4h | 0.04219 | +0.668% | $312K | $315K | 25x | as long as short |
| BingX LYN-USDT | +0.0480% | 4h | 0.04216 | +0.597% | — | $6.7M | — | as long as short |
| Extended LYN-USD | +0.0488% | 1h | 0.04207 | +0.383% | $5K | $232K | 5x | as long as short |
| MEXC LYN_USDT | +0.0488% | 4h | 0.04213 | +0.525% | $1.3M | $528K | 50x | as long as short |
| Binance LYNUSDT | +0.0494% | 4h | 0.04211 | +0.466% | $6.7M | $11.7M | 10x | as long as short |
| Aster LYNUSDT | +0.0551% | 4h | 0.04196 | +0.113% | $26K | $31K | 5x | as long as short |
| KuCoin LYNUSDTM | +0.0690% | 4h | 0.04202 | +0.262% | $1.2M | $264K | 10x | as long as short |
| BloFin LYN-USDTlong | +0.0729% | 4h | 0.04191 | long leg | $430K | $25K | 20x |
Bitget LYNUSDT
Gate LYN_USDT
BingX LYN-USDT
Extended LYN-USD
MEXC LYN_USDT
Binance LYNUSDT
Aster LYNUSDT
KuCoin LYNUSDTM