Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against BloFin−0.322%142s7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as 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−$1051.046% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.322%, 7d avg −0.042%
=Funding pays, the price is against you. Bybit is 0.280% cheaper against BloFin than usual: you would sell low and buy high (spread −0.322% now, against its 7-day average of −0.042%). If the spread goes back, that is −$28 on $10k: about 19 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour. The two prices were read 142 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 AR-USDT | 4.5040 | 0.0050 | pay 0.0050% / 8h | 6h 46m | $433K | $528K | 20x |
| Short | Bybit ARUSDT | 4.4895 | 0.0100 | get 0.0100% / 8h | 6h 46m | $4.5M | $8.4M | 75x |
BloFin AR-USDT
Bybit ARUSDTFunding 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
- $10.4
- Price spread: −0.322% → −0.042%
- −$27.97
- Slippage, 4 orders
- −$81.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$122.16
- Costs to cover
- 1.046%
- Break-even
- 89.2 days
Slippage from BloFin: live order book, 19 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, 19 min ago | 2.17 bp | 8.2 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.12 bp | 31.5 bp −$31 | 131.0 bp −$1,310 | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.1702% | 1h | 4.5018 | −0.049% | $55K | $149K | 20x | as long as short |
| Injective AR/USDC PERP | −0.0353% | 1h | 4.6110 | +2.376% | $2K | $2K | 5.5x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.4884 | −0.347% | $577K | — | 50x | as long as short |
| OKX AR-USDT-SWAP | −0.0139% | 8h | 4.4900 | −0.311% | $2.3M | $19.4M | 20x | as long as short |
| MEXC AR_USDT | +0.0014% | 8h | 4.4910 | −0.289% | $6.4M | $4.3M | 100x | as long as short |
| Extended AR-USD | +0.0016% | 1h | 4.4889 | −0.334% | $37K | $243K | 10x | as long as short |
| Binance ARUSDT | +0.0017% | 8h | 4.4920 | −0.266% | $8.9M | $53.3M | 75x | as long as short |
| BloFin AR-USDTlong | +0.0050% | 8h | 4.5040 | long leg | $433K | $528K | 20x | |
| Hyperliquid AR | +0.0100% | 1h | 4.4968 | −0.160% | $4.0M | $4.7M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4861 | −0.397% | $26K | $500K | 10x | as long as short |
Kraken Futures PF_ARUSD
Injective AR/USDC PERP
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
MEXC AR_USDT
Extended AR-USD
Binance ARUSDT
Hyperliquid AR
Aster ARUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARUSDTshort | +0.0100% | 8h | 4.4895 | −0.322% | $4.5M | $8.4M | 75x | |
| Gate AR_USDT | +0.0100% | 8h | 4.4910 | −0.289% | $2.5M | $2.1M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.4890 | −0.333% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4860 | −0.400% | $3.8M | $5.5M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.4910 | −0.289% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.4868 | −0.382% | $140K | $165K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5020 | −0.044% | $20K | $743K | 50x | as long as short |
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT