Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.14 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against BloFin+0.088%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 5 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.404%−$40 · spread now +0.088%, 7d avg +0.018%
=The price spread pays, funding is against you. Bybit is 0.070% dearer against BloFin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.018%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TQQQ-USDT | 79.710 | 0.0014 | pay 0.0014% / 8h | 5h 06m | $164K | $30K | 20x |
| Short | Bybit TQQQUSDT | 79.780 | 0 | get 0.0000% / 8h | 5h 06m | $3.0M | $6.5M | 25x |
BloFin TQQQ-USDT
Bybit TQQQUSDTFunding 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
- −$2.99
- Price spread: +0.088% → +0.018%
- $6.99
- Slippage, 4 orders
- −$12.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.25
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 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, 30 min ago | 1.88 bp | 7.9 bp −$8 | 10.0 bp −$100 | 33.5 bp −$3,349 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.63 bp | 9.8 bp −$10 | 50.2 bp −$502 | doesn't fit | doesn't fit |
TQQQ on 11 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 TQQQUSDT | 0.0000% | 8h | 79.571 | −0.175% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 79.730 | +0.025% | $18.4M | $47.6M | 20x | as long as short |
| Bybit TQQQUSDTshort | 0.0000% | 8h | 79.780 | +0.088% | $3.0M | $6.5M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.710 | 0.000% | $2.5M | $5.3M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.740 | +0.038% | $1.5M | $233K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.740 | +0.038% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.698 | −0.015% | $2K | $99K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.740 | +0.038% | $14K | $10K | 10x | as long as short |
| BloFin TQQQ-USDTlong | +0.0014% | 8h | 79.710 | long leg | $164K | $30K | 20x | |
| KuCoin TQQQUSDTM | +0.0046% | 8h | 79.680 | −0.038% | $181K | $713K | 10x | as long as short |
Aster TQQQUSDT
Binance TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
KuCoin TQQQUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.700 | −0.013% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos