Funding you earn now, next payment 00:00 UTC+0.0571%/8h= +62.6% APRnext payment +$2.86 per $10,000 · paid last 24h +0.048%
Price spread now: BloFin against Bybit−0.110%92s7-day average +0.028% · you buy dearer than you sell
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−$1581.583% of the position
Funding, last 3 days (all we have)+0.065%+$6 on $10k
+Price spread, last 3 days (all we have)−0.291%−$29 · spread now −0.110%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.138% cheaper against Bybit than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.028%). If the spread goes back, that is −$14 on $10k: about 19 hours of funding at the current rate (+$17 a day). At the pace of the last 3 days (+0.065% in total) that is about 7.4 days. The two prices were read 92 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 +$2.86 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 | Bybit STONKUSDT | 0.3647 | 0.1819 | pay 0.0910% / 4h | 1m 37s | $1.6M | $7.0M | 5x |
| Short | BloFin STONK-USDT | 0.3643 | 0.2391 | get 0.1195% / 4h | 1m 37s | $90K | $239K | 5x |
Bybit STONKUSDT
BloFin STONK-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
- $120.01
- Price spread: −0.110% → +0.028%
- −$13.79
- Slippage, 4 orders
- −$135.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.13
- Costs to cover
- 1.583%
- Break-even
- 10.0 days
Slippage from Bybit: live order book, 6 min ago; BloFin: 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 Bybit live order book, 6 min ago | 5.51 bp | 46.2 bp −$46 | 302.1 bp −$3,021 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.75 bp | 41.7 bp −$42 | 158.1 bp −$1,581 | 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 | +0.0308% | 4h | 0.3646 | −0.022% | $345K | $2.8M | 10x | as long as short |
| Phoenix STONK | +0.1347% | 1h | 0.3646 | −0.019% | $200K | $238K | 3x | as long as short |
| Bybit STONKUSDTlong | +0.1819% | 4h | 0.3647 | long leg | $1.6M | $7.0M | 5x | |
| BloFin STONK-USDTshort | +0.2391% | 4h | 0.3643 | −0.110% | $90K | $239K | 5x | |
| BingX STONK-USDT | +0.2870% | 4h | 0.3652 | +0.137% | — | $948K | — | as long as short |
| Gate STONK_USDT | +0.2872% | 4h | 0.3659 | +0.340% | $917K | $1.8M | 10x | as long as short |
| MEXC STONK_USDT | +0.3642% | 4h | 0.3651 | +0.101% | $831K | $1.1M | 20x | as long as short |
| Lighter STONK | +0.7064% | 1h | 0.3668 | +0.573% | $432K | $610K | 5x | as long as short |
| Aster STONKUSDT | +0.7842% | 1h | 0.3663 | +0.439% | $492K | $1.1M | 10x | as long as short |
Bitget STONKUSDT
Phoenix STONK
BingX STONK-USDT
Gate STONK_USDT
MEXC STONK_USDT
Lighter STONK
Aster STONKUSDT