Funding you earn now, next payment 04:00 UTC−0.0439%/8h= −48.1% APRnext payment −$2.20 per $10,000 · paid last 24h −0.145%
Price spread now: Bybit against BloFin−0.215%7-day average −0.269% · you buy dearer than you sell
Net, funding: paid 7d − costs−$398as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3623.623% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 4 days (all we have)−0.265%−$26 · spread now −0.215%, 7d avg −0.269%
=The price spread pays, funding is against you. Bybit is 0.055% dearer against BloFin than usual: you sell high and buy low (spread −0.215% now, against its 7-day average of −0.269%): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.353% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NAORIS-USDT | 0.03725 | 0.0539 | pay 0.0270% / 4h | 1h 40m | $286K | $10K | 10x |
| Short | Bybit NAORISUSDT | 0.03717 | 0.0100 | get 0.0050% / 4h | 1h 40m | $1.1M | $492K | 20x |
BloFin NAORIS-USDT
Bybit NAORISUSDTFunding 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
- −$92.29
- Price spread: −0.215% → −0.269%
- $5.46
- Slippage, 4 orders
- −$339.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$449.14
- Costs to cover
- 3.623%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 81 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, 81 min ago | 10.83 bp | 55.8 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 10.77 bp | 134.6 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDTshort | +0.0100% | 4h | 0.03717 | −0.215% | $1.1M | $492K | 20x | |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03714 | −0.295% | $289K | $16K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03723 | −0.054% | $439K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03729 | +0.107% | $3.3M | $239K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03718 | −0.194% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0352% | 4h | 0.03717 | −0.220% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0464% | 4h | 0.03720 | −0.134% | — | $1.3M | — | as long as short |
| Binance NAORISUSDT | +0.0486% | 4h | 0.03722 | −0.092% | $5.0M | $1.3M | 10x | as long as short |
| Extended NAORIS-USD | +0.0488% | 1h | 0.03721 | −0.115% | $3K | $94K | 5x | as long as short |
| MEXC NAORIS_USDT | +0.0488% | 4h | 0.03718 | −0.188% | $4.3M | $217K | 100x | as long as short |
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
Binance NAORISUSDT
Extended NAORIS-USD
MEXC NAORIS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDTlong | +0.0539% | 4h | 0.03725 | long leg | $286K | $10K | 10x |