Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.24 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against BloFin−0.206%102s7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as 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−$2012.006% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.206%, 7d avg −0.070%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.137% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.070%). Swap the legs. 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 | BloFin SSV-USDT | 3.3900 | 0.0124 | pay 0.0124% / 8h | 4h 27m | $126K | $76K | 75x |
| Short | Bybit SSVUSDT | 3.3830 | 0.0100 | get 0.0100% / 8h | 4h 27m | $579K | $304K | 50x |
BloFin SSV-USDT
Bybit SSVUSDTFunding 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
- −$5.12
- Price spread: −0.206% → −0.070%
- −$13.65
- Slippage, 4 orders
- −$177.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$219.41
- Costs to cover
- 2.006%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; Bybit: live order book, 23 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, 64 min ago | 10.24 bp | 33.1 bp −$33 | 119.9 bp −$1,199 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 23 min ago | 8.89 bp | 68.8 bp −$69 | 165.7 bp −$1,657 | doesn't fit | doesn't fit |
SSV 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SSV | +0.0070% | 8h | 3.3769 | −0.386% | $843 | $1 | — | as long as short |
| Binance SSVUSDT | +0.0100% | 8h | 3.3904 | +0.012% | $2.5M | $2.7M | 50x | as long as short |
| Bybit SSVUSDTshort | +0.0100% | 8h | 3.3830 | −0.206% | $579K | $304K | 50x | |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.3930 | +0.088% | $543K | $940K | 20x | as long as short |
| Gate SSV_USDT | +0.0100% | 8h | 3.3940 | +0.118% | $151K | $75K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.3910 | +0.029% | $184K | $145K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.3890 | −0.029% | $251K | $43K | 30x | as long as short |
| Bitget SSVUSDT | +0.0100% | 8h | 3.3880 | −0.059% | $503K | $307K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.3910 | +0.029% | — | $2.3M | — | as long as short |
| BloFin SSV-USDTlong | +0.0124% | 8h | 3.3900 | long leg | $126K | $76K | 75x |
Variational Omni SSV
Binance SSVUSDT
OKX SSV-USDT-SWAP
Gate SSV_USDT
MEXC SSV_USDT
KuCoin SSVUSDTM
Bitget SSVUSDT
BingX SSV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SSVUSD | +0.3364% | 1h | 3.4106 | +0.607% | $10K | $15K | 10x | as long as short |
Kraken Futures PF_SSVUSD