Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bybit−0.144%102s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1521.524% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.144%, 7d avg +0.021%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.165% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.144%, so the current rate has only just turned against you. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SENTUSDT | 0.01951 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $2.0M | $956K | 50x |
| Short | BloFin SENT-USDT | 0.01948 | 0.0089 | get 0.0045% / 4h | 1h 59m | $283K | $18K | 75x |
Bybit SENTUSDT
BloFin SENT-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
- −$2.21
- Price spread: −0.144% → +0.021%
- −$16.46
- Slippage, 4 orders
- −$129.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$171.03
- Costs to cover
- 1.524%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 25 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, 2 min ago | 1.79 bp | 50.4 bp −$50 | 189.6 bp −$1,896 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 min ago | 7.81 bp | 31.5 bp −$32 | 89.9 bp −$899 | doesn't fit | doesn't fit |
SENT on 11 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 SENT-USDTshort | +0.0089% | 4h | 0.01948 | −0.144% | $283K | $18K | 75x | |
| Aster SENTUSDT | +0.0100% | 4h | 0.01952 | +0.045% | $8K | $6K | 5x | as long as short |
| Binance SENTUSDT | +0.0100% | 4h | 0.01951 | +0.031% | $6.3M | $3.2M | 75x | as long as short |
| Bybit SENTUSDTlong | +0.0100% | 4h | 0.01951 | long leg | $2.0M | $956K | 50x | |
| OKX SENT-USDT-SWAP | +0.0100% | 4h | 0.01951 | +0.010% | $1.2M | $828K | 50x | as long as short |
| Gate SENT_USDT | +0.0100% | 4h | 0.01951 | +0.010% | $274K | $67K | 50x | as long as short |
| MEXC SENT_USDT | +0.0100% | 4h | 0.01951 | +0.010% | $416K | $250K | 20x | as long as short |
| KuCoin SENTUSDTM | +0.0100% | 4h | 0.01951 | +0.010% | $585K | $135K | 50x | as long as short |
| Bitget SENTUSDT | +0.0100% | 4h | 0.01952 | +0.062% | $1.1M | $365K | 20x | as long as short |
| BingX SENT-USDT | +0.0100% | 4h | 0.01951 | +0.010% | — | $1.9M | — | as long as short |
Aster SENTUSDT
Binance SENTUSDT
OKX SENT-USDT-SWAP
Gate SENT_USDT
MEXC SENT_USDT
KuCoin SENTUSDTM
Bitget SENTUSDT
BingX SENT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SENT-USDT | +0.0100% | 4h | 0.01950 | −0.041% | $3K | $1.3M | 20x | as long as short |
SunX SENT-USDT