Settings8H · net · $10k
Funding arb · Price arb /

TA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0074%/8h= +8.2% APRnext payment +$0.37 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against Bybit+0.366%7-day average +0.247% · you sell dearer than you buy
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3293.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.388%+$39 on $10k
Price spread, last 3 days (all we have)+0.036%+$4 · spread now +0.366%, 7d avg +0.247%
Together, before fees+0.424%+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.119% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.247%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TAUSDT0.054590.0100pay 0.0050% / 4h3m 04s$2.0M$96K5x
ShortBloFin TA-USDT0.054790.0174get 0.0087% / 4h3m 04s$391K$4K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$15.64
Price spread: +0.366% → +0.247%
$11.94
Slippage, 4 orders
−$306.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$301.83
Costs to cover
3.294%
Break-even
142.1 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago6.43 bp115.9 bp −$116doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago4.58 bp44.0 bp −$44doesn't fitdoesn't fitdoesn't fit

TA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TAUSDT+0.0100%4h0.05471+0.227%$19K$3K5xas long as short
Bybit TAUSDTlong+0.0100%4h0.05459long leg$2.0M$96K5x
Gate TA_USDT+0.0100%4h0.05471+0.220%$2.0M$45K20xas long as short
KuCoin TAUSDTM+0.0100%4h0.05454−0.092%$183K$17K10xas long as short
Variational Omni TA+0.0100%4h0.05445−0.261%$16K$1as long as short
BingX TA-USDT+0.0158%4h0.05469+0.183%$2.3Mas long as short
MEXC TA_USDT+0.0174%4h0.05481+0.403%$154K$85K50xas long as short
BloFin TA-USDTshort+0.0174%4h0.05479+0.366%$391K$4K10x
Binance TAUSDT+0.0175%4h0.05481+0.403%$6.5M$832K10xas long as short