Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.064%
Price spread now: Bybit against BloFin0.000%82s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as 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−$2012.006% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now 0.000%, 7d avg +0.090%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.090% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.090%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you. 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 AWE-USDT | 0.06410 | 0.0120 | pay 0.0060% / 4h | 3h 23m | $143K | $27K | 40x |
| Short | Bybit AWEUSDT | 0.06410 | 0.0100 | get 0.0050% / 4h | 3h 23m | $537K | $215K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.16
- Price spread: 0.000% → +0.090%
- −$8.98
- Slippage, 4 orders
- −$177.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$213.69
- Costs to cover
- 2.006%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 65 min ago; Bybit: live order book, 21 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, 65 min ago | 6.24 bp | 24.6 bp −$25 | 92.3 bp −$923 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 21 min ago | 5.45 bp | 66.1 bp −$66 | 291.6 bp −$2,916 | doesn't fit | doesn't fit |
AWE on 9 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 AWEUSDT | +0.0100% | 4h | 0.06406 | −0.056% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06407 | −0.053% | $2.2M | $1.2M | 40x | as long as short |
| Bybit AWEUSDTshort | +0.0100% | 4h | 0.06410 | 0.000% | $537K | $215K | 25x | |
| Gate AWE_USDT | +0.0100% | 8h | 0.06407 | −0.047% | $57K | $32K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06405 | −0.078% | $1.1M | $133K | 20x | as long as short |
| KuCoin AWEUSDTM | +0.0100% | 4h | 0.06404 | −0.094% | $142K | $51K | 20x | as long as short |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06398 | −0.192% | $443K | $222K | 40x | as long as short |
| BingX AWE-USDT | +0.0100% | 4h | 0.06403 | −0.109% | — | $6.6M | — | as long as short |
| BloFin AWE-USDTlong | +0.0120% | 4h | 0.06410 | long leg | $143K | $27K | 40x |
BloFin AWE-USDT
Bybit AWEUSDT
Aster AWEUSDT
Binance AWEUSDT
Gate AWE_USDT
MEXC AWE_USDT
KuCoin AWEUSDTM
Bitget AWEUSDT
BingX AWE-USDT