Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bybit+0.123%102s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as 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−$1151.147% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.123%, 7d avg +0.043%
=The price spread pays, funding is against you. BloFin is 0.080% dearer against Bybit than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of +0.043%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days. 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 | Bybit DYDXUSDT | 0.1380 | 0.0100 | pay 0.0100% / 8h | 19m 30s | $4.6M | $2.3M | 75x |
| Short | BloFin DYDX-USDT | 0.1382 | 0.0088 | get 0.0088% / 8h | 19m 30s | $298K | $14K | 75x |
Bybit DYDXUSDT
BloFin DYDX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$2.52
- Price spread: +0.123% → +0.043%
- $7.99
- Slippage, 4 orders
- −$91.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$109.27
- Costs to cover
- 1.147%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 52 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 Bybit live order book, 3 min ago | 3.26 bp | 38.8 bp −$39 | 225.8 bp −$2,258 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 3.62 bp | 15.3 bp −$15 | 57.2 bp −$572 | 241.5 bp −$24.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0067% | 1h | 0.1380 | −0.022% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1380 | −0.022% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0079% | 1h | 0.1381 | +0.047% | $313K | $330K | 20x | as long as short |
| BloFin DYDX-USDTshort | +0.0088% | 8h | 0.1382 | +0.123% | $298K | $14K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1381 | +0.036% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1384 | +0.268% | $2.1M | $736K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1381 | +0.054% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1381 | +0.041% | $5.2M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDTlong | +0.0100% | 8h | 0.1380 | long leg | $4.6M | $2.3M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1381 | +0.080% | $2.2M | $3.4M | 20x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DYDX-USD | +0.0100% | 1h | 0.1384 | +0.268% | $54K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1380 | −0.022% | $383K | $470K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1380 | −0.022% | $3.0M | $941K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1381 | +0.051% | $2.3M | $4.0M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1381 | +0.051% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1381 | +0.051% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1380 | +0.014% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | +0.011% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1381 | +0.067% | $937 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0784% | 1h | 0.1384 | +0.268% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2780% | 1h | 0.1379 | −0.058% | $78K | $2K | 5x | as long as short |
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD