Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BloFin−0.284%102s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as 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−$1221.221% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.284%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.243% cheaper against BloFin than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.041%. The two prices were read 102 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 DYDX-USDT | 0.1373 | 0.0107 | pay 0.0107% / 8h | 3h 25m | $299K | $12K | 75x |
| Short | Bybit DYDXUSDT | 0.1369 | 0.0100 | get 0.0100% / 8h | 3h 25m | $4.6M | $2.5M | 75x |
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
- −$1.51
- Price spread: −0.284% → −0.041%
- −$24.29
- Slippage, 4 orders
- −$99.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$147.87
- Costs to cover
- 1.221%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 56 min ago; Bybit: live order book, 2 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, 56 min ago | 10.90 bp | 20.8 bp −$21 | 54.0 bp −$540 | 353.4 bp −$35.3K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.37 bp | 44.1 bp −$44 | 226.7 bp −$2,267 | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter DYDX | +0.0096% | 1h | 0.1372 | −0.102% | $61K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1373 | +0.036% | $2.1M | $720K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1373 | −0.027% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1371 | −0.133% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDTshort | +0.0100% | 8h | 0.1369 | −0.284% | $4.6M | $2.5M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1371 | −0.175% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1371 | −0.160% | $392K | $455K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1372 | −0.073% | $2.9M | $807K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1372 | −0.073% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1371 | −0.146% | $1.4M | $1.0M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DYDX-USDT | +0.0100% | 8h | 0.1371 | −0.146% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1371 | −0.144% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1371 | −0.171% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDTlong | +0.0107% | 8h | 0.1373 | long leg | $299K | $12K | 75x | |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1373 | 0.000% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1371 | −0.173% | $929 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1373 | 0.000% | $53K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0479% | 1h | 0.1372 | −0.073% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0656% | 1h | 0.1372 | −0.103% | $311K | $351K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1379 | +0.437% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2993% | 1h | 0.1371 | −0.172% | $78K | $2K | 5x | as long as short |
BloFin DYDX-USDT
Bybit DYDXUSDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX