Settings8H · net · $10k
Funding arb · Price arb /

O

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against Bybit+0.198%7-day average +0.049% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.170%+$17 · spread now +0.198%, 7d avg +0.049%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.149% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OUSDT0.55530.0101pay 0.0050% / 4h51m 22s$707K$937K20x
ShortBloFin O-USDT0.55640.0103get 0.0052% / 4h51m 22s$240K$6K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.44
Price spread: +0.198% → +0.049%
$14.92
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.64
Costs to cover
0.230%
Break-even
127.4 days
Slippage unknown: Bybit: live order book, 4 min ago; BloFin: live order book, 47 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago8.07 bp332.8 bp −$333doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 47 min ago4.49 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

O on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OUSDT+0.0100%4h0.5548−0.090%$20K$51K3xas long as short
Binance OUSDT+0.0100%4h0.5552−0.022%$4.7M$2.0M10xas long as short
OKX O-USDT-SWAP+0.0100%4h0.5556+0.054%$1.5M$1.1M10xas long as short
Gate O_USDT+0.0100%4h0.5549−0.072%$1.5M$528K20xas long as short
MEXC O_USDT+0.0100%4h0.5552−0.018%$958K$175K50xas long as short
KuCoin OUSDTM+0.0100%4h0.5554+0.018%$1.2M$704K20xas long as short
Bitget OUSDT+0.0100%4h0.5554+0.018%$1.6M$317K10xas long as short
BingX O-USDT+0.0100%4h0.5556+0.054%$1.6Mas long as short
Variational Omni O+0.0100%4h0.5569+0.290%$3K$535as long as short
Bybit OUSDTlong+0.0101%4h0.5553long leg$707K$937K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin O-USDTshort+0.0103%4h0.5564+0.198%$240K$6K20x