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

ORDER

all ORDER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against BloFin−0.445%7-day average · you buy dearer than you sell
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+0.024%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bybit is 0.445% cheaper against BloFin than usual: you would sell low and buy high (spread −0.445% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 3 months of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORDER-USDT0.040480.0084pay 0.0084% / 8h7h 42m$66K$7K16x
ShortBybit ORDERUSDT0.040300.0100get 0.0100% / 8h7h 42m$1.3M$584K20x

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

Profit calculator

Funding earned
$3.35
Price spread: −0.445% → 0.000%
−$44.47
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$64.12
Costs to cover
0.230%
Break-even
141.0 days
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 3 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 BloFin no order-book sample
Sell Bybit live order book, 3 min ago4.97 bp73.5 bp −$73240.7 bp −$2,407doesn't fitdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORDER 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
BloFin ORDER-USDTlong+0.0084%8h0.04048long leg$66K$7K16x
Binance ORDERUSDT+0.0100%4h0.04046−0.052%$1.4M$1.5M50xas long as short
Bybit ORDERUSDTshort+0.0100%8h0.04030−0.445%$1.3M$584K20x
OKX ORDER-USDT-SWAP+0.0100%4h0.04047−0.025%$163K$281K20xas long as short
Gate ORDER_USDT+0.0100%4h0.040480.000%$75K$70K20xas long as short
MEXC ORDER_USDT+0.0100%4h0.04035−0.321%$272K$100K20xas long as short
KuCoin ORDERUSDTM+0.0100%4h0.040480.000%$223K$82K30xas long as short
Bitget ORDERUSDT+0.0100%4h0.04037−0.272%$480K$200K20xas long as short
BingX ORDER-USDT+0.0100%4h0.04046−0.049%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04009−0.954%$10K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0859%4h0.04046−0.049%$191K$216K10xas long as short