Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against BloFin−0.312%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1321.325% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 3 days (all we have)+0.851%+$85 · spread now −0.312%, 7d avg +0.023%
=Funding pays, the price is against you. Bybit is 0.335% cheaper against BloFin than usual: you would sell low and buy high (spread −0.312% now, against its 7-day average of +0.023%). If the spread goes back, that is −$33 on $10k: about 56 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RED-USDT | 0.1539 | 0.0080 | pay 0.0040% / 4h | 3h 41m | $227K | $5K | 25x |
| Short | Bybit REDUSDT | 0.1534 | 0.0100 | get 0.0050% / 4h | 3h 41m | $2.1M | $1.7M | 25x |
BloFin RED-USDT
Bybit REDUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.17
- Price spread: −0.312% → +0.023%
- −$33.47
- Slippage, 4 orders
- −$109.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$161.75
- Costs to cover
- 1.325%
- Break-even
- 278.3 days
Slippage from BloFin: live order book, 24 min ago; Bybit: live order book, 1 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 BloFin live order book, 24 min ago | 2.63 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.28 bp | 41.9 bp −$42 | 1914.8 bp −$19.1K | doesn't fit | doesn't fit |
RED 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDTlong | +0.0080% | 4h | 0.1539 | long leg | $227K | $5K | 25x | |
| Aster REDUSDT | +0.0100% | 4h | 0.1535 | −0.277% | $27K | $37K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1534 | −0.323% | $2.4M | $3.8M | 50x | as long as short |
| Bybit REDUSDTshort | +0.0100% | 4h | 0.1534 | −0.312% | $2.1M | $1.7M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1536 | −0.201% | $353K | $147K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1533 | −0.396% | $727K | $298K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1535 | −0.236% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1570 | +2.008% | $2K | $680K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1534 | −0.354% | $31 | — | 5x | as long as short |
| MEXC RED_USDT | +0.0386% | 4h | 0.1532 | −0.461% | $557K | $172K | 20x | as long as short |
Aster REDUSDT
Binance REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT