BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h −0.045%

Price spread now: Bybit against BloFin−0.033%82s7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as 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−$610.612% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.251%−$25 on $10k

Price spread, last 4 days (all we have)−0.302%−$30 · spread now −0.033%, 7d avg −0.023%

Together, before fees−0.552%−$55 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 82 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 BE-USDT	275.21	0.0183	pay 0.0183% / 8h	4h 25m	$45K	$141K	20x
Short	Bybit BEUSDT	275.12	0.0087	get 0.0087% / 8h	4h 25m	$2.0M	$1.2M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$20.07
Price spread: −0.033% → −0.023%: −$0.93
Slippage, 4 orders: −$38.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$82.16
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Bybit: live order book, 1 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, 3 min ago	0.55 bp	12.6 bp −$13	26.0 bp −$260	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.36 bp	17.8 bp −$18	136.7 bp −$1,367	doesn't fit	doesn't fit

BE on 21 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
Aster BEUSDT	0.0000%	8h	274.98	−0.085%	$346K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	274.90	−0.113%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.16	−0.018%	$1.7M	$2.5M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.46	+0.093%	$6K	$162K	10x	as long as short
SunX BE-USDT	0.0000%	8h	275.09	−0.044%	$823	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.18	−0.011%	$13K	$35K	20x	as long as short
Lighter BE	+0.0032%	1h	274.81	−0.145%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	275.00	−0.076%	$251K	$291K	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0040%	1h	273.08	−0.774%	$473K	$129K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	275.09	−0.044%	$115K	$109K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BE-USD-PERP	+0.0046%	1h	275.12	−0.033%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	275.09	−0.044%	$5.9M	$2.6M	10x	as long as short
QFEX BE-USD	+0.0052%	1h	275.11	−0.036%	$1.3M	$2.7M	10x	as long as short
Binance BEUSDT	+0.0061%	8h	275.21	−0.002%	$8.5M	$36.4M	25x	as long as short
Extended BE-USD	+0.0064%	1h	275.11	−0.035%	$49K	$260K	10x	as long as short
Bybit BEUSDTshort	+0.0087%	8h	275.12	−0.033%	$2.0M	$1.2M	25x
KuCoin BEUSDTM	+0.0100%	8h	275.22	+0.004%	$372K	$21K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.06	−0.053%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0145%	8h	275.26	+0.018%	$2.7M	$6.8M	25x	as long as short
BloFin BE-USDTlong	+0.0183%	8h	275.21	long leg	$45K	$141K	20x
Deribit BE_USDC-PERPETUAL	+0.0478%	1h	275.04	−0.062%	$7K	$4K	10x	as long as short