Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.027%
Price spread now: Bybit against BloFin+0.018%112s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as 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−$2812.811% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.018%, 7d avg +0.071%
=Funding pays, the price is against you. Bybit is 0.053% cheaper against BloFin than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.071%). If the spread goes back, that is −$5 on $10k: about 3.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour. The two prices were read 112 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 MIRA-USDT | 0.05464 | 0.0052 | pay 0.0026% / 4h | 2h 51m | $239K | $16K | 50x |
| Short | Bybit MIRAUSDT | 0.05465 | 0.0100 | get 0.0050% / 4h | 2h 51m | $1.1M | $1.3M | 25x |
BloFin MIRA-USDT
Bybit MIRAUSDTFunding 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
- $10.03
- Price spread: +0.018% → +0.071%
- −$5.32
- Slippage, 4 orders
- −$258.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$276.43
- Costs to cover
- 2.811%
- Break-even
- 199.9 days
Slippage from BloFin: live order book, 30 min ago; Bybit: 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 BloFin live order book, 30 min ago | 2.74 bp | 25.9 bp −$26 | 87.2 bp −$872 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.83 bp | 153.7 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
MIRA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MIRAUSD | +0.0035% | 1h | 0.05461 | −0.046% | $5K | $8K | 10x | as long as short |
| BloFin MIRA-USDTlong | +0.0052% | 4h | 0.05464 | long leg | $239K | $16K | 50x | |
| Binance MIRAUSDT | +0.0100% | 4h | 0.05457 | −0.133% | $2.5M | $5.9M | 50x | as long as short |
| Bybit MIRAUSDTshort | +0.0100% | 4h | 0.05465 | +0.018% | $1.1M | $1.3M | 25x | |
| Gate MIRA_USDT | +0.0100% | 4h | 0.05459 | −0.092% | $256K | $210K | 25x | as long as short |
| MEXC MIRA_USDT | +0.0100% | 4h | 0.05454 | −0.183% | $210K | $136K | 20x | as long as short |
| KuCoin MIRAUSDTM | +0.0100% | 4h | 0.05459 | −0.088% | $819K | $57K | 50x | as long as short |
| Bitget MIRAUSDT | +0.0100% | 4h | 0.05455 | −0.165% | $768K | $286K | 20x | as long as short |
Kraken Futures PF_MIRAUSD
Binance MIRAUSDT
Gate MIRA_USDT
MEXC MIRA_USDT
KuCoin MIRAUSDTM
Bitget MIRAUSDT