Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.16 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin−0.107%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.107% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 ZBCN-USDT | 0.002063 | 0.0188 | pay 0.0188% / 8h | 2h 18m | — | $51K | 5x |
| Short | Bybit ZBCNUSDT | 0.002060 | 0.0172 | get 0.0172% / 8h | 2h 18m | $576K | $1.0M | 5x |
BloFin ZBCN-USDT
Bybit ZBCNUSDTFunding 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
- −$3.44
- Price spread: −0.107% → 0.000%
- −$10.67
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$37.1
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 3.17 bp | 57.3 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZBCN on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZBCN_USDT | +0.0100% | 4h | 0.002057 | −0.272% | $66K | $31K | 20x | as long as short |
| Variational Omni ZBCN | +0.0100% | 8h | 0.002053 | −0.476% | $1K | $1 | — | as long as short |
| MEXC ZBCN_USDT | +0.0162% | 8h | 0.002056 | −0.330% | $6.1M | $138K | 50x | as long as short |
| Bybit ZBCNUSDTshort | +0.0172% | 8h | 0.002060 | −0.107% | $576K | $1.0M | 5x | |
| BloFin ZBCN-USDTlong | +0.0188% | 8h | 0.002063 | long leg | — | $51K | 5x |
Gate ZBCN_USDT
Variational Omni ZBCN
MEXC ZBCN_USDT