Funding you earn now, next payment 08:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.85 per $10,000 · paid last 24h +0.143%
Price spread now: BloFin against Bybit+0.240%52s7-day average +0.259% · you sell dearer than you buy
Net, funding: paid 7d − costs−$311as 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−$3503.496% of the position
Funding, last 7 days+0.382%+$38 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.240%, 7d avg +0.259%
=The price spread sits at its 7-day average of +0.259%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 52 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 | Bybit NAORISUSDT | 0.03745 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $1.1M | $457K | 20x |
| Short | BloFin NAORIS-USDT | 0.03754 | 0.0270 | get 0.0135% / 4h | 2h 16m | $290K | $10K | 10x |
Bybit NAORISUSDT
BloFin NAORIS-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
- $35.76
- Price spread: +0.240% → +0.259%
- −$1.83
- Slippage, 4 orders
- −$326.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$315.66
- Costs to cover
- 3.496%
- Break-even
- 68.8 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 8 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, 4 min ago | 12.00 bp | 143.2 bp −$143 | 6448.9 bp −$64.5K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 2.67 bp | 37.1 bp −$37 | 161.6 bp −$1,616 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NAORISUSDT | +0.0100% | 4h | 0.03744 | −0.034% | $5K | $5K | 5x | as long as short |
| Bybit NAORISUSDTlong | +0.0100% | 4h | 0.03745 | long leg | $1.1M | $457K | 20x | |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03742 | −0.080% | $291K | $14K | 20x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03763 | +0.481% | $3.4M | $219K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03748 | +0.076% | $77K | $24K | — | as long as short |
| Extended NAORIS-USD | +0.0216% | 1h | 0.03751 | +0.153% | $7K | $151K | 5x | as long as short |
| MEXC NAORIS_USDT | +0.0216% | 4h | 0.03751 | +0.160% | $4.4M | $216K | 100x | as long as short |
| Binance NAORISUSDT | +0.0218% | 4h | 0.03751 | +0.172% | $5.0M | $1.2M | 10x | as long as short |
| BingX NAORIS-USDT | +0.0264% | 4h | 0.03749 | +0.107% | — | $1.3M | — | as long as short |
| BloFin NAORIS-USDTshort | +0.0270% | 4h | 0.03754 | +0.240% | $290K | $10K | 10x |
Aster NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
Extended NAORIS-USD
MEXC NAORIS_USDT
Binance NAORISUSDT
BingX NAORIS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NAORISUSDTM | +0.0418% | 4h | 0.03747 | +0.053% | $440K | $28K | 10x | as long as short |
KuCoin NAORISUSDTM