Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.026%
Price spread now: BloFin against Bybit−0.051%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 5 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.051%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.029% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TQQQUSDT | 78.880 | 0 | get 0.0000% / 8h | 1h 41m | $2.5M | $7.0M | 25x |
| Short | BloFin TQQQ-USDT | 78.840 | 0.0001 | get 0.0001% / 8h | 1h 41m | $148K | $32K | 20x |
Bybit TQQQUSDT
BloFin TQQQ-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
- $0.3
- Price spread: −0.051% → −0.021%
- −$2.94
- Slippage, 4 orders
- −$14.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$40.4
- Costs to cover
- 0.378%
- Break-even
- 939.0 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 33 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 | 0.63 bp | 11.6 bp −$12 | 38.3 bp −$383 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 33 min ago | 1.89 bp | 8.3 bp −$8 | 13.2 bp −$132 | 50.7 bp −$5,071 | 101.5 bp −$50.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0060% | 8h | 78.860 | −0.025% | $180K | $541K | 10x | as long as short |
| Aster TQQQUSDT | 0.0000% | 8h | 78.878 | −0.003% | $70K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 78.830 | −0.063% | $18.1M | $50.0M | 20x | as long as short |
| Bybit TQQQUSDTlong | 0.0000% | 8h | 78.880 | long leg | $2.5M | $7.0M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 78.820 | −0.076% | $2.1M | $6.0M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.880 | 0.000% | $1.5M | $225K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 78.860 | −0.025% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 78.880 | 0.000% | $2K | $108K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.900 | +0.025% | $14K | $16K | 10x | as long as short |
| BloFin TQQQ-USDTshort | +0.0001% | 8h | 78.840 | −0.051% | $148K | $32K | 20x |
KuCoin TQQQUSDTM
Aster TQQQUSDT
Binance TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDTShow 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 | 78.840 | −0.051% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos