Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.001278 | +0.0131 | pay 0.0065% / 4h | 8m 00s | $109K | $10K | 50x | Long BloFin | |
| SHORT | 0.001278 | +0.0100 | get 0.0050% / 4h | 8m 00s | $1.3M | $491K | 25x | Short Bybit |
Price gap+0.078%
Funding gap−0.0031% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.102% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2−0.0031% /8h now · paid +0.020% over the last 7D
Price−$10spread +0.078% now, avg +0.180% → −0.102% if it goes back
Costs−$2242.239% of $10k · taker + slippage, in and out
Result−$232−2.32%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.078%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hRVN on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size20.8 / 82.6 bpAt $10k entering Bybit costs 82.6 bp, fee and slippage, 4.0× BloFin’s.
- Note: Margin at max leverage$200 + $400BloFin 50x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.93Long BloFin: 6 payments, −$3.93; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual+0.078% vs +0.180%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$109K vs $1.3M OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0009%/8h × 21 periods+$1.98
Price spread+0.078% → +0.180% (7d avg)−$10.21
Slippage, 4 orderslive order books−$200.85
Fee BloFin bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$232.08
Costs to cover2.239%Break-even827.0 days
Slippage: BloFin: live order book, 18 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin11.8120.8 bp−$2190.2 bp−$902doesn’t fitdoesn’t fit
SELL · SHORTBybit3.9182.6 bp−$83418.8 bp−$4,188doesn’t fitdoesn’t fit
Closing costs about the same again.

