Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit+0.259%72s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$823as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$8218.210% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.934%−$93 · spread now +0.259%, 7d avg +0.035%
=The price spread pays, funding is against you. BloFin is 0.224% dearer against Bybit than usual: you sell high and buy low (spread +0.259% now, against its 7-day average of +0.035%): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.021% in total) that is about 2 months. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit YBUSDT | 0.08891 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $588K | $61K | 25x |
| Short | BloFin YB-USDT | 0.08914 | 0.0046 | get 0.0023% / 4h | 1h 14m | $102K | $9K | 20x |
Bybit YBUSDT
BloFin YB-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
- −$11.32
- Price spread: +0.259% → +0.035%
- $22.39
- Slippage, 4 orders
- −$797.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$809.92
- Costs to cover
- 8.210%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 41 min ago; BloFin: live order book, 21 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, 41 min ago | 7.34 bp | 503.0 bp −$503 | 10930.0 bp −$109.3K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 3.95 bp | 32.5 bp −$33 | 96.1 bp −$961 | doesn't fit | doesn't fit |
YB on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin YB-USDTshort | +0.0046% | 4h | 0.08914 | +0.259% | $102K | $9K | 20x | |
| Aster YBUSDT | +0.0100% | 4h | 0.08897 | +0.072% | $7K | $2K | 5x | as long as short |
| Binance YBUSDT | +0.0100% | 4h | 0.08907 | +0.176% | $2.0M | $927K | 20x | as long as short |
| Bybit YBUSDTlong | +0.0100% | 4h | 0.08891 | long leg | $588K | $61K | 25x | |
| OKX YB-USDT-SWAP | +0.0100% | 4h | 0.08891 | 0.000% | $402K | $154K | 20x | as long as short |
| Gate YB_USDT | +0.0100% | 4h | 0.08910 | +0.214% | $102K | $18K | 20x | as long as short |
| MEXC YB_USDT | +0.0100% | 4h | 0.08880 | −0.124% | $631K | $112K | 50x | as long as short |
| KuCoin YBUSDTM | +0.0100% | 4h | 0.08880 | −0.124% | $182K | $16K | 20x | as long as short |
| Bitget YBUSDT | +0.0100% | 4h | 0.08896 | +0.056% | $543K | $31K | 10x | as long as short |
| BingX YB-USDT | +0.0100% | 4h | 0.08896 | +0.056% | — | $6.5M | — | as long as short |
Aster YBUSDT
Binance YBUSDT
OKX YB-USDT-SWAP
Gate YB_USDT
MEXC YB_USDT
KuCoin YBUSDTM
Bitget YBUSDT
BingX YB-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni YB | +0.0100% | 4h | 0.08902 | +0.127% | $910 | $2K | — | as long as short |
| SunX YB-USDT | +0.0100% | 4h | 0.09090 | +2.238% | $1K | $1.2M | 20x | as long as short |
Variational Omni YB
SunX YB-USDT