Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bybit−0.214%72s7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$375as 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−$3413.408% of the position
Funding, last 7 days−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.214%, 7d avg +0.043%
=Funding pays, the price is against you. BloFin is 0.257% cheaper against Bybit than usual: you would sell low and buy high (spread −0.214% now, against its 7-day average of +0.043%). If the spread goes back, that is −$26 on $10k: about 17 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.346%, so the current rate has only just turned in your favour. The two prices were read 72 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 POWERUSDT | 0.1215 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $2.0M | $1.5M | 20x |
| Short | BloFin POWER-USDT | 0.1212 | 0.0151 | get 0.0075% / 4h | 2h 38m | $169K | $129K | 20x |
Bybit POWERUSDT
BloFin POWER-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
- $10.61
- Price spread: −0.214% → +0.043%
- −$25.71
- Slippage, 4 orders
- −$317.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$355.86
- Costs to cover
- 3.408%
- Break-even
- 241.9 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 43 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, 4 min ago | 6.16 bp | 134.9 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 1.24 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
POWER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster POWERUSDT | +0.0100% | 4h | 0.1215 | +0.021% | $23K | $25K | 5x | as long as short |
| Binance POWERUSDT | +0.0100% | 4h | 0.1216 | +0.058% | $3.6M | $5.6M | 20x | as long as short |
| Bybit POWERUSDTlong | +0.0100% | 4h | 0.1215 | long leg | $2.0M | $1.5M | 20x | |
| Gate POWER_USDT | +0.0100% | 8h | 0.1216 | +0.091% | $229K | $111K | 20x | as long as short |
| MEXC POWER_USDT | +0.0100% | 4h | 0.1216 | +0.074% | $14.1M | $436K | 20x | as long as short |
| KuCoin POWERUSDTM | +0.0100% | 4h | 0.1211 | −0.329% | $2.4M | $15.1M | 20x | as long as short |
| Bitget POWERUSDT | +0.0100% | 4h | 0.1215 | +0.025% | $3.3M | $507K | 20x | as long as short |
| BingX POWER-USDT | +0.0100% | 4h | 0.1216 | +0.074% | — | $1.4M | — | as long as short |
| Variational Omni POWER | +0.0100% | 4h | 0.1217 | +0.211% | $18K | $3K | — | as long as short |
| BloFin POWER-USDTshort | +0.0151% | 4h | 0.1212 | −0.214% | $169K | $129K | 20x |
Aster POWERUSDT
Binance POWERUSDT
Gate POWER_USDT
MEXC POWER_USDT
KuCoin POWERUSDTM
Bitget POWERUSDT
BingX POWER-USDT
Variational Omni POWER