Funding you earn now, next payment 00:00 UTC−0.0191%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.048%
Price spread now: Bybit against BloFin+0.165%52s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1741.740% of the position
Funding, last 3 days (all we have)−0.065%−$6 on $10k
+Price spread, last 3 days (all we have)+0.397%+$40 · spread now +0.165%, 7d avg −0.028%
=The price spread pays, funding is against you. Bybit is 0.193% dearer against BloFin than usual: you sell high and buy low (spread +0.165% now, against its 7-day average of −0.028%): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 3 days (−0.065% in total) that is about 10 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.065% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STONK-USDT | 0.3640 | 0.2231 | pay 0.1116% / 4h | 54m 30s | $90K | $236K | 5x |
| Short | Bybit STONKUSDT | 0.3646 | 0.2040 | get 0.1020% / 4h | 54m 30s | $1.5M | $7.0M | 5x |
BloFin STONK-USDT
Bybit STONKUSDTFunding 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
- −$40.2
- Price spread: +0.165% → −0.028%
- $19.31
- Slippage, 4 orders
- −$150.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$194.86
- Costs to cover
- 1.740%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; Bybit: live order book, 4 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, 16 min ago | 6.92 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.49 bp | 50.7 bp −$51 | 219.9 bp −$2,199 | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0310% | 4h | 0.3639 | −0.036% | $317K | $2.8M | 10x | as long as short |
| Phoenix STONK | +0.1531% | 1h | 0.3613 | −0.731% | $191K | $238K | 3x | as long as short |
| Gate STONK_USDT | +0.1636% | 4h | 0.3649 | +0.247% | $867K | $1.7M | 10x | as long as short |
| BingX STONK-USDT | +0.1858% | 4h | 0.3642 | +0.055% | — | $951K | — | as long as short |
| Bybit STONKUSDTshort | +0.2040% | 4h | 0.3646 | +0.165% | $1.5M | $7.0M | 5x | |
| BloFin STONK-USDTlong | +0.2231% | 4h | 0.3640 | long leg | $90K | $236K | 5x | |
| Aster STONKUSDT | +0.2638% | 1h | 0.3654 | +0.385% | $481K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.5672% | 1h | 0.3654 | +0.385% | $426K | $602K | 5x | as long as short |
| MEXC STONK_USDT | +0.6162% | 4h | 0.3644 | +0.107% | $833K | $1.1M | 20x | as long as short |
Bitget STONKUSDT
Phoenix STONK
Gate STONK_USDT
BingX STONK-USDT
Aster STONKUSDT
Lighter STONK
MEXC STONK_USDT