Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bybit0.000%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3103.101% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)+0.166%+$17 · spread now 0.000%, 7d avg +0.114%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.114% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.114%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PARTIUSDT | 0.02502 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $1.0M | $552K | 25x |
| Short | BloFin PARTI-USDT | 0.02502 | 0.0049 | get 0.0024% / 4h | 1h 08m | $163K | $25K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.75
- Price spread: 0.000% → +0.114%
- −$11.43
- Slippage, 4 orders
- −$287.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$332.32
- Costs to cover
- 3.101%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 65 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, 2 min ago | 6.00 bp | 125.3 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 7.99 bp | 17.6 bp −$18 | 57.5 bp −$575 | doesn't fit | doesn't fit |
PARTI on 12 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 PARTI-USDTshort | +0.0049% | 4h | 0.02502 | 0.000% | $163K | $25K | 25x | |
| Aster PARTIUSDT | +0.0100% | 4h | 0.02506 | +0.179% | $12K | $27K | 5x | as long as short |
| Binance PARTIUSDT | +0.0100% | 4h | 0.02507 | +0.195% | $3.4M | $4.2M | 25x | as long as short |
| Bybit PARTIUSDTlong | +0.0100% | 4h | 0.02502 | long leg | $1.0M | $552K | 25x | |
| OKX PARTI-USDT-SWAP | +0.0100% | 4h | 0.02504 | +0.080% | $442K | $764K | 10x | as long as short |
| Gate PARTI_USDT | +0.0100% | 4h | 0.02503 | +0.040% | $178K | $91K | 25x | as long as short |
| MEXC PARTI_USDT | +0.0100% | 4h | 0.02508 | +0.240% | $669K | $225K | 20x | as long as short |
| KuCoin PARTIUSDTM | +0.0100% | 4h | 0.02507 | +0.200% | $217K | $104K | 25x | as long as short |
| Bitget PARTIUSDT | +0.0100% | 4h | 0.02506 | +0.160% | $643K | $507K | 20x | as long as short |
| BingX PARTI-USDT | +0.0100% | 4h | 0.02503 | +0.040% | — | $6.6M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PARTI | +0.0100% | 4h | 0.02500 | −0.073% | $7K | $440 | — | as long as short |
| Extended PARTI-USD | +0.0104% | 1h | 0.02506 | +0.174% | $4K | $178K | 5x | as long as short |
Bybit PARTIUSDT
BloFin PARTI-USDT
Aster PARTIUSDT
Binance PARTIUSDT
OKX PARTI-USDT-SWAP
Gate PARTI_USDT
MEXC PARTI_USDT
KuCoin PARTIUSDTM
Bitget PARTIUSDT
BingX PARTI-USDT
Variational Omni PARTI
Extended PARTI-USD