Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.28 per $10,000 · paid last 24h +0.074%
Price spread now: BloFin against Bybit−0.281%102s7-day average +0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$465as 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−$4854.854% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)+0.372%+$37 · spread now −0.281%, 7d avg +0.128%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.409% cheaper against Bybit than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.128%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.207%, so the current rate has only just turned against you. 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 | Bybit NOMUSDT | 0.001779 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $667K | $246K | 25x |
| Short | BloFin NOM-USDT | 0.001774 | 0.0045 | get 0.0022% / 4h | 2h 37m | $316K | $7K | 20x |
Bybit NOMUSDT
BloFin NOM-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
- −$11.57
- Price spread: −0.281% → +0.128%
- −$40.9
- Slippage, 4 orders
- −$462.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$537.85
- Costs to cover
- 4.854%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 52 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, 3 min ago | 2.82 bp | 235.1 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 8.36 bp | 24.1 bp −$24 | 85.9 bp −$859 | doesn't fit | doesn't fit |
NOM on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NOM-USDTshort | +0.0045% | 4h | 0.001774 | −0.281% | $316K | $7K | 20x | |
| Aster NOMUSDT | +0.0100% | 4h | 0.001778 | −0.065% | $6K | $4K | 5x | as long as short |
| Binance NOMUSDT | +0.0100% | 4h | 0.001780 | +0.063% | $3.3M | $3.1M | 10x | as long as short |
| Bybit NOMUSDTlong | +0.0100% | 4h | 0.001779 | long leg | $667K | $246K | 25x | |
| Gate NOM_USDT | +0.0100% | 4h | 0.001776 | −0.169% | $202K | $43K | 10x | as long as short |
| MEXC NOM_USDT | +0.0100% | 4h | 0.001778 | −0.056% | $389K | $191K | 20x | as long as short |
| KuCoin NOMUSDTM | +0.0100% | 4h | 0.001778 | −0.056% | $467K | $84K | 20x | as long as short |
Aster NOMUSDT
Binance NOMUSDT
Gate NOM_USDT
MEXC NOM_USDT
KuCoin NOMUSDTM