Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bybit+0.086%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1351.353% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.086%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.112% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit YFIUSDT | 2,319 | 0.0100 | pay 0.0100% / 8h | 3h 56m | $999K | $278K | 25x |
| Short | BloFin YFI-USDT | 2,321 | 0.0125 | get 0.0125% / 8h | 3h 56m | $118K | $28K | 75x |
Bybit YFIUSDT
BloFin YFI-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
- $5.25
- Price spread: +0.086% → −0.026%
- $11.23
- Slippage, 4 orders
- −$112.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$118.85
- Costs to cover
- 1.353%
- Break-even
- 165.4 days
Slippage from Bybit: live order book, 49 min ago; BloFin: live order book, 24 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, 49 min ago | 6.51 bp | 42.6 bp −$43 | 708.8 bp −$7,088 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 4.32 bp | 29.6 bp −$30 | 60.6 bp −$606 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −5.541% | $2K | $28K | 5.5x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,322.7 | +0.158% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,318.4 | −0.024% | $2.3M | $3.2M | 75x | as long as short |
| Bybit YFIUSDTlong | +0.0100% | 8h | 2,319 | long leg | $999K | $278K | 25x | |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,320 | +0.043% | $631K | $791K | 20x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,319 | 0.000% | $886K | $290K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,319.7 | +0.030% | $384K | $88K | 30x | as long as short |
| BingX YFI-USDT | +0.0100% | 8h | 2,321 | +0.086% | — | $11.9M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,319.1 | +0.004% | $9K | $1K | — | as long as short |
| BloFin YFI-USDTshort | +0.0125% | 8h | 2,321 | +0.086% | $118K | $28K | 75x |
Injective YFI/USDC PERP
Aster YFIUSDT
Binance YFIUSDT
OKX YFI-USDT-SWAP
MEXC YFI_USDT
KuCoin YFIUSDTM
BingX YFI-USDT
Variational Omni YFIShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate YFI_USDT | +0.0342% | 8h | 2,324.5 | +0.237% | $301K | $144K | 50x | as long as short |
| Kraken Futures PF_YFIUSD | +0.0424% | 1h | 2,325.6 | +0.283% | $48K | $6K | 10x | as long as short |
Gate YFI_USDT
Kraken Futures PF_YFIUSD