Settings8H · net · $10k
Funding arb · Price arb /

AWE

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$2012.006% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.104%+$10 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AWE-USDT0.064100.0120pay 0.0060% / 4h3h 23m$143K$27K40x
ShortBybit AWEUSDT0.064100.0100get 0.0050% / 4h3h 23m$537K$215K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 65 min ago6.24 bp24.6 bp −$2592.3 bp −$923doesn't fitdoesn't fit
Sell Bybit live order book, 21 min ago5.45 bp66.1 bp −$66291.6 bp −$2,916doesn't fitdoesn't fit

AWE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AWEUSDT+0.0100%4h0.06406−0.056%$2K$8K5xas long as short
Binance AWEUSDT+0.0100%4h0.06407−0.053%$2.2M$1.2M40xas long as short
Bybit AWEUSDTshort+0.0100%4h0.064100.000%$537K$215K25x
Gate AWE_USDT+0.0100%8h0.06407−0.047%$57K$32K25xas long as short
MEXC AWE_USDT+0.0100%4h0.06405−0.078%$1.1M$133K20xas long as short
KuCoin AWEUSDTM+0.0100%4h0.06404−0.094%$142K$51K20xas long as short
Bitget AWEUSDT+0.0100%4h0.06398−0.192%$443K$222K40xas long as short
BingX AWE-USDT+0.0100%4h0.06403−0.109%$6.6Mas long as short
BloFin AWE-USDTlong+0.0120%4h0.06410long leg$143K$27K40x