Funding you earn now, next payment 20:00 UTC−0.0685%/8h= −75.0% APRnext payment −$3.42 per $10,000 · paid last 24h +0.021%
Price spread now: Bybit against BloFin−0.294%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Bybit is 0.294% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 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 CP-USDT | 0.01362 | 0.0785 | pay 0.0392% / 4h | 9m 59s | $452 | $62K | 20x |
| Short | Bybit CPUSDT | 0.01358 | 0.0100 | get 0.0050% / 4h | 9m 59s | $1.5M | $3.6M | 20x |
BloFin CP-USDT
Bybit CPUSDTFunding 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
- −$143.79
- Price spread: −0.294% → 0.000%
- −$29.37
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$196.15
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 6 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 3.67 bp | 47.4 bp −$47 | 221.5 bp −$2,215 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CP on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01361 | −0.073% | — | $1.0M | — | as long as short |
| Bybit CPUSDTshort | +0.0100% | 4h | 0.01358 | −0.294% | $1.5M | $3.6M | 20x | |
| Gate CP_USDT | +0.0100% | 4h | 0.01359 | −0.220% | $611K | $512K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01362 | 0.000% | $219K | $1.1M | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01358 | −0.264% | $713K | $1.7M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0760% | 4h | 0.01360 | −0.147% | $3.9M | $9.5M | 20x | as long as short |
| MEXC CP_USDT | +0.0766% | 4h | 0.01359 | −0.220% | $1.5M | $349K | 20x | as long as short |
| BloFin CP-USDTlong | +0.0785% | 4h | 0.01362 | long leg | $452 | $62K | 20x |
BingX CP-USDT
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
OKX CP-USDT-SWAP
MEXC CP_USDT