Funding you earn now, next payment 12:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.153%
Price spread now: BloFin against Bybit+0.140%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,032as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,099as in the Price arb table
costs, in and out, $10k−$1,09610.964% of the position
Funding, last 7 days+0.643%+$64 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.140%, 7d avg +0.165%
=Funding pays, the price is against you. BloFin is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread +0.140% now, against its 7-day average of +0.165%). If the spread goes back, that is −$2 on $10k: about 30 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.643% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XNYUSDT | 0.006448 | 0.0100 | pay 0.0050% / 4h | 11m 01s | $453K | $150K | 5x |
| Short | BloFin XNY-USDT | 0.006457 | 0.0167 | get 0.0084% / 4h | 11m 01s | $233K | $7K | 10x |
Bybit XNYUSDT
BloFin XNY-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
- $14.13
- Price spread: +0.140% → +0.165%
- −$2.5
- Slippage, 4 orders
- −$1,073.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,084.74
- Costs to cover
- 10.964%
- Break-even
- 544.3 days
Slippage from Bybit: live order book, 22 min ago; BloFin: live order book, 23 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, 22 min ago | 14.78 bp | 444.2 bp −$444 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 0.78 bp | 33.7 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
XNY on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XNYUSDTlong | +0.0100% | 4h | 0.006448 | long leg | $453K | $150K | 5x | |
| Gate XNY_USDT | +0.0100% | 4h | 0.006471 | +0.357% | $217K | $35K | 10x | as long as short |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006455 | +0.109% | $307K | $20K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006419 | −0.447% | $52K | $2K | — | as long as short |
| Aster XNYUSDT | +0.0101% | 4h | 0.006454 | +0.092% | $6K | $4K | 5x | as long as short |
| MEXC XNY_USDT | +0.0152% | 4h | 0.006454 | +0.093% | $207K | $115K | 100x | as long as short |
| Binance XNYUSDT | +0.0152% | 4h | 0.006452 | +0.069% | $3.8M | $1.5M | 10x | as long as short |
| BloFin XNY-USDTshort | +0.0167% | 4h | 0.006457 | +0.140% | $233K | $7K | 10x | |
| BingX XNY-USDT | +0.0238% | 4h | 0.006461 | +0.202% | — | $1.3M | — | as long as short |
Gate XNY_USDT
KuCoin XNYUSDTM
Variational Omni XNY
Aster XNYUSDT
MEXC XNY_USDT
Binance XNYUSDT
BingX XNY-USDT