Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.022%
Price spread now: BloFin against Bybit+0.077%112s7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$575as 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−$5525.517% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.077%, 7d avg +0.201%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.124% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.201%). Swap the legs. The two prices were read 112 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 SPACEUSDT | 0.005192 | 0.0100 | pay 0.0050% / 4h | 3m 25s | $805K | $196K | 13x |
| Short | BloFin SPACE-USDT | 0.005196 | 0.0081 | get 0.0040% / 4h | 3m 25s | $160K | $10K | 50x |
Bybit SPACEUSDT
BloFin SPACE-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
- −$4
- Price spread: +0.077% → +0.201%
- −$12.4
- Slippage, 4 orders
- −$528.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$568.13
- Costs to cover
- 5.517%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 51 min ago; BloFin: live order book, 26 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, 51 min ago | 5.85 bp | 229.1 bp −$229 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 5.82 bp | 36.9 bp −$37 | 132.4 bp −$1,324 | 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-USDTshort | +0.0081% | 4h | 0.005196 | +0.077% | $160K | $10K | 50x | |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005203 | +0.205% | $1.9M | $2.2M | 50x | as long as short |
| Bybit SPACEUSDTlong | +0.0100% | 4h | 0.005192 | long leg | $805K | $196K | 13x | |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005192 | 0.000% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005187 | −0.096% | $779K | $357K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005201 | +0.173% | $434K | $158K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005192 | 0.000% | $659K | $101K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005188 | −0.077% | $912K | $246K | 20x | as long as short |
| Aster SPACEUSDT | +0.0883% | 4h | 0.005194 | +0.046% | $17K | $32K | 5x | as long as short |
Binance SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Aster SPACEUSDT