Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.052%
Price spread now: Bybit against BloFin−0.331%7-day average −0.244% · you buy dearer than you sell
Net, funding: paid 7d − costs−$366as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3273.272% of the position
Funding, last 7 days−0.392%−$39 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now −0.331%, 7d avg −0.244%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.086% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.244%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TA-USDT | 0.05445 | 0.0130 | pay 0.0065% / 4h | 28m 42s | $395K | $5K | 10x |
| Short | Bybit TAUSDT | 0.05427 | 0.0100 | get 0.0050% / 4h | 28m 42s | $2.0M | $110K | 5x |
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
- −$6.24
- Price spread: −0.331% → −0.244%
- −$8.63
- Slippage, 4 orders
- −$304.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$342.02
- Costs to cover
- 3.272%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 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, 7 min ago | 3.68 bp | 34.5 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.69 bp | 109.1 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
TA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TAUSDT | +0.0100% | 4h | 0.05433 | −0.220% | $18K | $3K | 5x | as long as short |
| Binance TAUSDT | +0.0100% | 4h | 0.05443 | −0.036% | $6.4M | $866K | 10x | as long as short |
| Bybit TAUSDTshort | +0.0100% | 4h | 0.05427 | −0.331% | $2.0M | $110K | 5x | |
| Gate TA_USDT | +0.0100% | 4h | 0.05438 | −0.129% | $2.0M | $47K | 20x | as long as short |
| MEXC TA_USDT | +0.0100% | 4h | 0.05441 | −0.073% | $153K | $85K | 50x | as long as short |
| KuCoin TAUSDTM | +0.0100% | 4h | 0.05425 | −0.367% | $183K | $17K | 10x | as long as short |
| BingX TA-USDT | +0.0100% | 4h | 0.05436 | −0.165% | — | $2.3M | — | as long as short |
| Variational Omni TA | +0.0100% | 4h | 0.05421 | −0.440% | $16K | $1 | — | as long as short |
| BloFin TA-USDTlong | +0.0130% | 4h | 0.05445 | long leg | $395K | $5K | 10x |
BloFin TA-USDT
Bybit TAUSDT
Aster TAUSDT
Binance TAUSDT
Gate TA_USDT
MEXC TA_USDT
KuCoin TAUSDTM
BingX TA-USDT
Variational Omni TA