Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against BloFin+0.215%102s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as 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−$1321.321% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.215%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.192% dearer against BloFin than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 102 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 | BloFin YFI-USDT | 2,329 | 0.0101 | pay 0.0101% / 8h | 7h 13m | $119K | $23K | 75x |
| Short | Bybit YFIUSDT | 2,334 | 0.0100 | get 0.0100% / 8h | 7h 13m | $1.0M | $250K | 25x |
BloFin YFI-USDT
Bybit YFIUSDTFunding 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
- −$0.15
- Price spread: +0.215% → +0.023%
- $19.16
- Slippage, 4 orders
- −$109.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$113.14
- Costs to cover
- 1.321%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 42 min ago; Bybit: live order book, 2 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, 42 min ago | 2.15 bp | 12.4 bp −$12 | 41.3 bp −$413 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.14 bp | 50.5 bp −$51 | 229.1 bp −$2,291 | doesn't fit | doesn't fit |
YFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSD | −0.0962% | 1h | 2,337.3 | +0.358% | $48K | $7K | 10x | as long as short |
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −5.947% | $2K | $28K | 5.5x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,336.1 | +0.306% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,333.5 | +0.191% | $2.3M | $3.0M | 75x | as long as short |
| Bybit YFIUSDTshort | +0.0100% | 8h | 2,334 | +0.215% | $1.0M | $250K | 25x | |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,334 | +0.215% | $625K | $830K | 20x | as long as short |
| Gate YFI_USDT | +0.0100% | 8h | 2,333.3 | +0.185% | $309K | $148K | 50x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,334 | +0.215% | $751K | $258K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,335 | +0.258% | $387K | $88K | 30x | as long as short |
| BingX YFI-USDT | +0.0100% | 8h | 2,336 | +0.301% | — | $11.8M | — | as long as short |
Kraken Futures PF_YFIUSD
Injective YFI/USDC PERP
Aster YFIUSDT
Binance YFIUSDT
OKX YFI-USDT-SWAP
Gate YFI_USDT
MEXC YFI_USDT
KuCoin YFIUSDTM
BingX YFI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni YFI | +0.0100% | 8h | 2,329.6 | +0.027% | $9K | $1K | — | as long as short |
| BloFin YFI-USDTlong | +0.0101% | 8h | 2,329 | long leg | $119K | $23K | 75x |
Variational Omni YFI