Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bybit−0.125%102s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.125% cheaper against Bybit than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 14 days of funding at the current rate (+$1 a day). 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 ORDERUSDT | 0.03994 | 0.0100 | pay 0.0100% / 8h | 27m 33s | $1.3M | $582K | 20x |
| Short | BloFin ORDER-USDT | 0.03989 | 0.0129 | get 0.0129% / 8h | 27m 33s | $66K | $7K | 16x |
Bybit ORDERUSDT
BloFin ORDER-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
- $6.17
- Price spread: −0.125% → 0.000%
- −$12.52
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.35
- Costs to cover
- 0.230%
- Break-even
- 40.3 days
Slippage unknown: Bybit: live order book, 3 min ago; BloFin: no order-book sample. Net counts fees only.
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 | 5.01 bp | 79.1 bp −$79 | 309.8 bp −$3,098 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04008 | +0.351% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDTlong | +0.0100% | 8h | 0.03994 | long leg | $1.3M | $582K | 20x | |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04000 | +0.150% | $162K | $282K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04002 | +0.200% | $73K | $74K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04010 | +0.401% | $270K | $101K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04004 | +0.250% | $221K | $82K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04005 | +0.275% | $476K | $198K | 20x | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.03991 | −0.087% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDTshort | +0.0129% | 8h | 0.03989 | −0.125% | $66K | $7K | 16x | |
| BingX ORDER-USDT | +0.0200% | 4h | 0.03997 | +0.075% | — | $1.3M | — | as long as short |
Binance ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDER
BingX ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0937% | 4h | 0.04003 | +0.225% | $189K | $216K | 10x | as long as short |
Orderly PERP_ORDER_USDC