Funding you earn now, next payment 04:00 UTC−0.0165%/8h= −18.1% APRnext payment −$0.83 per $10,000 · paid last 24h +0.092%
Price spread now: Bybit against BloFin−0.039%7-day average +0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2142.144% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+1.913%+$191 · spread now −0.039%, 7d avg +0.166%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.206% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.166%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SUPER-USDT | 0.1520 | 0.0340 | pay 0.0170% / 4h | 1h 43m | $151K | $172K | 75x |
| Short | Bybit SUPERUSDT | 0.1520 | 0.0175 | get 0.0087% / 4h | 1h 43m | $1.1M | $1.6M | 25x |
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
- −$34.75
- Price spread: −0.039% → +0.166%
- −$20.55
- Slippage, 4 orders
- −$191.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$269.74
- Costs to cover
- 2.144%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 76 min ago; Bybit: live order book, 3 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, 76 min ago | 2.97 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.93 bp | 80.6 bp −$81 | 254.7 bp −$2,547 | doesn't fit | doesn't fit |
SUPER 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SUPER | +0.0100% | 1h | 0.1523 | +0.211% | $525K | $325K | 3x | as long as short |
| Binance SUPERUSDT | +0.0100% | 4h | 0.1520 | −0.007% | $2.3M | $5.4M | 50x | as long as short |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1518 | −0.138% | $131K | $90K | 50x | as long as short |
| MEXC SUPER_USDT | +0.0100% | 4h | 0.1520 | −0.013% | $1.6M | $605K | 20x | as long as short |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1521 | +0.059% | $620K | $214K | 50x | as long as short |
| Bitget SUPERUSDT | +0.0100% | 4h | 0.1521 | +0.059% | $545K | $267K | 25x | as long as short |
| Bybit SUPERUSDTshort | +0.0175% | 4h | 0.1520 | −0.039% | $1.1M | $1.6M | 25x | |
| BingX SUPER-USDT | +0.0204% | 4h | 0.1521 | +0.059% | — | $2.4M | — | as long as short |
| Variational Omni SUPER | +0.0305% | 4h | 0.1521 | +0.035% | $80K | $2K | — | as long as short |
| BloFin SUPER-USDTlong | +0.0340% | 4h | 0.1520 | long leg | $151K | $172K | 75x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSD | +0.3086% | 1h | 0.1531 | +0.709% | $51K | $8K | 10x | as long as short |
BloFin SUPER-USDT
Bybit SUPERUSDT
Hyperliquid SUPER
Binance SUPERUSDT
Gate SUPER_USDT
MEXC SUPER_USDT
KuCoin SUPERUSDTM
Bitget SUPERUSDT
BingX SUPER-USDT
Variational Omni SUPER
Kraken Futures PF_SUPERUSD