Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.017%
Price spread now: Bybit against BloFin−0.314%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$546as in the Funding arb table
Net, price: spread back to 7d avg − costs−$580as in the Price arb table
costs, in and out, $10k−$5685.678% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 3 days (all we have)+0.230%+$23 · spread now −0.314%, 7d avg −0.195%
=Funding pays, the price is against you. Bybit is 0.119% cheaper against BloFin than usual: you would sell low and buy high (spread −0.314% now, against its 7-day average of −0.195%). If the spread goes back, that is −$12 on $10k: about 10 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.222% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPACE-USDT | 0.005092 | 0.0060 | pay 0.0030% / 4h | 32m 53s | $158K | $8K | 50x |
| Short | Bybit SPACEUSDT | 0.005076 | 0.0100 | get 0.0050% / 4h | 32m 53s | $780K | $163K | 13x |
Funding 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
- $8.3
- Price spread: −0.314% → −0.195%
- −$11.93
- Slippage, 4 orders
- −$544.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$571.38
- Costs to cover
- 5.678%
- Break-even
- 488.8 days
Slippage from BloFin: live order book, 29 min ago; Bybit: live order book, 42 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, 29 min ago | 2.97 bp | 26.4 bp −$26 | 125.4 bp −$1,254 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 42 min ago | 4.98 bp | 275.9 bp −$276 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 SPACE-USDTlong | +0.0060% | 4h | 0.005092 | long leg | $158K | $8K | 50x | |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005091 | −0.028% | $1.9M | $1.9M | 50x | as long as short |
| Bybit SPACEUSDTshort | +0.0100% | 4h | 0.005076 | −0.314% | $780K | $163K | 13x | |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005084 | −0.157% | $1.5M | $1.1M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005090 | −0.039% | $369K | $152K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005083 | −0.177% | $641K | $103K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0106% | 4h | 0.005086 | −0.118% | $887K | $232K | 20x | as long as short |
| Gate SPACE_USDT | +0.0248% | 4h | 0.005075 | −0.334% | $766K | $427K | 20x | as long as short |
| Aster SPACEUSDT | +0.0859% | 4h | 0.005076 | −0.324% | $15K | $30K | 5x | as long as short |
BloFin SPACE-USDT
Bybit SPACEUSDT
Binance SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Gate SPACE_USDT
Aster SPACEUSDT