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

RARE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BloFin+0.091%112s7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3343.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.091%, 7d avg +0.080%
Together, before fees−0.037%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.080%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RARE-USDT0.013190.0064pay 0.0032% / 4h23m 29s$106K$12K25x
ShortBybit RAREUSDT0.013200.0100get 0.0050% / 4h23m 29s$309K$90K25x

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
$7.64
Price spread: +0.091% → +0.080%
$1.09
Slippage, 4 orders
−$311.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$325.5
Costs to cover
3.342%
Break-even
305.1 days
Slippage from BloFin: live order book, 43 min ago; Bybit: live order book, 6 min ago.

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 live order book, 43 min ago11.33 bp25.0 bp −$25124.9 bp −$1,249doesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago5.67 bp136.6 bp −$137doesn't fitdoesn't fitdoesn't fit

RARE 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 RARE-USDTlong+0.0064%4h0.01319long leg$106K$12K25x
BingX RARE-USDT+0.0070%4h0.013190.000%$1.3Mas long as short
Aster RAREUSDT+0.0100%4h0.01319−0.018%$8K$3K5xas long as short
Binance RAREUSDT+0.0100%4h0.01319−0.006%$1.6M$1.1M25xas long as short
Gate RARE_USDT+0.0100%4h0.013190.000%$49K$27K20xas long as short
MEXC RARE_USDT+0.0100%4h0.013190.000%$583K$171K100xas long as short
KuCoin RAREUSDTM+0.0100%4h0.013190.000%$202K$69K30xas long as short
Bitget RAREUSDT+0.0100%4h0.01318−0.076%$232K$71K20xas long as short
Variational Omni RARE+0.0100%4h0.01321+0.129%$1K$2Kas long as short
Bybit RAREUSDTshort+0.0100%4h0.01320+0.091%$309K$90K25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSD+1.1868%1h0.01331+0.904%$3K$2K10xas long as short