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

RE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit0.000%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.137%+$14 on $10k
Price spread, last 4 days (all we have)−0.109%−$11 · spread now 0.000%, 7d avg −0.046%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.046% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit REUSDT0.47120.0100pay 0.0050% / 4h1h 58m$1.5M$1.4M20x
ShortBloFin RE-USDT0.47120.0123get 0.0061% / 4h1h 58m$368K$71K50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.79
Price spread: 0.000% → −0.046%
$4.58
Slippage, 4 orders
−$92.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$106.44
Costs to cover
1.158%
Break-even
162.6 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 27 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 Bybit live order book, 2 min ago1.06 bp45.8 bp −$465504.0 bp −$55.0Kdoesn't fitdoesn't fit
Sell BloFin live order book, 27 min ago2.15 bp18.9 bp −$1950.2 bp −$502doesn't fitdoesn't fit

RE on 14 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
gTrade (Gains Network) RE/USDL −0.0025% / S +0.0026%1h0.4710−0.042%150xas long as short
Aster REUSDT+0.0100%4h0.4714+0.052%$36K$28K20xas long as short
Binance REUSDT+0.0100%4h0.4713+0.025%$8.4M$9.2M50xas long as short
Bybit REUSDTlong+0.0100%4h0.4712long leg$1.5M$1.4M20x
OKX RE-USDT-SWAP+0.0100%4h0.4715+0.057%$1.9M$4.0M20xas long as short
Gate RE_USDT+0.0100%4h0.4714+0.038%$424K$967K20xas long as short
MEXC RE_USDT+0.0100%4h0.4711−0.021%$1.2M$445K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4710−0.034%$1.4M$995K20xas long as short
Bitget REUSDT+0.0100%4h0.4717+0.102%$1.8M$691K20xas long as short
BingX RE-USDT+0.0100%4h0.4714+0.042%$1.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX REUSDC+0.0100%4h0.4717+0.104%$8K$222K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4711−0.021%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4711−0.027%$8005xas long as short
BloFin RE-USDTshort+0.0123%4h0.47120.000%$368K$71K50x