Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRnext payment +$1.12 per $10,000 · paid last 24h +0.045%
Price spread now: BloFin against Bybit−0.143%62s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as 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−$690.688% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)+0.323%+$32 · spread now −0.143%, 7d avg +0.023%
=Funding pays, the price is against you. BloFin is 0.166% cheaper against Bybit than usual: you would sell low and buy high (spread −0.143% now, against its 7-day average of +0.023%). If the spread goes back, that is −$17 on $10k: about 4.9 days of funding at the current rate (+$3 a day). The two prices were read 62 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 BEUSDT | 272.28 | 0.0008 | pay 0.0008% / 8h | 2h 14m | $2.0M | $1.2M | 25x |
| Short | BloFin BE-USDT | 271.89 | 0.0120 | get 0.0120% / 8h | 2h 14m | $45K | $146K | 20x |
Bybit BEUSDT
BloFin BE-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
- $23.61
- Price spread: −0.143% → +0.023%
- −$16.58
- Slippage, 4 orders
- −$45.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.76
- Costs to cover
- 0.688%
- Break-even
- 25.3 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 65 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, 2 min ago | 2.76 bp | 26.8 bp −$27 | 173.2 bp −$1,732 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 0.18 bp | 13.5 bp −$14 | 21.0 bp −$210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0121% | 8h | 271.69 | −0.217% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 272.13 | −0.055% | $341K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 272.30 | +0.008% | $46K | $258K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 272.45 | +0.062% | $8.2M | $37.3M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 272.45 | +0.062% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.10 | −0.066% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.69 | −0.217% | $6K | $158K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.11 | −0.062% | $914 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.81 | −0.173% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDTlong | +0.0008% | 8h | 272.28 | long leg | $2.0M | $1.2M | 25x |
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0024% | 1h | 272.26 | −0.007% | $1.3M | $2.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 272.12 | −0.059% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 272.24 | −0.015% | $243K | $300K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.62 | −0.242% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.97 | −0.114% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 272.21 | −0.026% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.621% | $473K | $134K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.22 | −0.022% | $368K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.20 | −0.031% | — | — | 10x | as long as short |
| BloFin BE-USDTshort | +0.0120% | 8h | 271.89 | −0.143% | $45K | $146K | 20x | |
| Deribit BE_USDC-PERPETUAL | +0.0816% | 1h | 272.32 | +0.015% | $6K | $4K | 10x | as long as short |
QFEX BE-USD
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
Deribit BE_USDC-PERPETUAL