Funding you earn now, next payment 12:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Bybit+0.107%7-day average −0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2862.863% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.107%, 7d avg −0.083%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.190% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RAREUSDT | 0.01310 | 0.0100 | pay 0.0050% / 4h | 50m 44s | $310K | $82K | 25x |
| Short | BloFin RARE-USDT | 0.01311 | 0.0158 | get 0.0079% / 4h | 50m 44s | $104K | $12K | 25x |
Bybit RAREUSDT
BloFin RARE-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
- $12.2
- Price spread: +0.107% → −0.083%
- $19.01
- Slippage, 4 orders
- −$263.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$255.08
- Costs to cover
- 2.863%
- Break-even
- 153.4 days
Slippage from Bybit: live order book, 47 min ago; BloFin: live order book, 39 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, 47 min ago | 2.66 bp | 116.3 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 39 min ago | 11.47 bp | 29.3 bp −$29 | 93.7 bp −$937 | doesn't fit | doesn't fit |
RARE on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDT | +0.0070% | 4h | 0.01309 | −0.046% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01308 | −0.137% | $7K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01309 | −0.019% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDTlong | +0.0100% | 4h | 0.01310 | long leg | $310K | $82K | 25x | |
| Gate RARE_USDT | +0.0100% | 4h | 0.01310 | +0.031% | $49K | $20K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01308 | −0.122% | $634K | $181K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01309 | −0.046% | $206K | $60K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01308 | −0.122% | $226K | $67K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01312 | +0.214% | $1K | $918 | — | as long as short |
| BloFin RARE-USDTshort | +0.0158% | 4h | 0.01311 | +0.107% | $104K | $12K | 25x |
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RAREShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.0042% | 1h | 0.01311 | +0.080% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD