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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.5015%/8h= −549.2% APRpaid last 24h −0.339%
Price spread now: Bluefin against Bybit−0.205%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−3.813%−$381 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$150 a day on $10k at the current rate, and Bluefin is 0.205% cheaper against Bybit than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.019510.0100pay 0.0100% / 8h7h 27m$4.2M$2.6M50x
ShortBluefin DEEP-PERP0.01947−0.4915pay 0.0614% / 1h27m 13s$79K$11K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Bybit. 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
−$1,053.18
Price spread: −0.205% → 0.000%
−$20.5
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$1,091.69
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, just now; Bluefin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, just now5.12 bp35.3 bp −$35673.9 bp −$6,739doesn't fitdoesn't fit
Sell Bluefin no order-book sample
Bluefin: 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.

DEEP on 12 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
Bluefin DEEP-PERPshort−0.4915%1h0.01947−0.205%$79K$11K20x
BloFin DEEP-USDT+0.0095%8h0.01953+0.103%$134K$30K50xas long as short
Binance DEEPUSDT+0.0100%4h0.01957+0.308%$2.1M$5.7M50xas long as short
Bybit DEEPUSDTlong+0.0100%8h0.01951long leg$4.2M$2.6M50x
Gate DEEP_USDT+0.0100%4h0.019510.000%$301K$68K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01957+0.308%$1.1M$442K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01962+0.564%$1.8M$86K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01957+0.308%$828K$525K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01955+0.205%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01949−0.119%$14K$8Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DEEP-USD+0.0104%1h0.01958+0.382%$3K$248K5xas long as short
Kraken Futures PF_DEEPUSD+0.0588%1h0.01958+0.345%$8K$9K10xas long as short