Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h +0.021%
Price spread now: Bybit against BloFin−0.115%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$840.839% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.259%−$26 · spread now −0.115%, 7d avg −0.056%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.059% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EGLD-USDT | 4.3440 | 0.0220 | pay 0.0220% / 8h | 4h 16m | $225K | $586K | 75x |
| Short | Bybit EGLDUSDT | 4.3390 | 0.0100 | get 0.0100% / 8h | 4h 16m | $2.6M | $8.6M | 75x |
BloFin EGLD-USDT
Bybit EGLDUSDTFunding 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
- −$25.2
- Price spread: −0.115% → −0.056%
- −$5.88
- Slippage, 4 orders
- −$60.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$114.96
- Costs to cover
- 0.839%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 20 min ago; Bybit: live order book, 1 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, 20 min ago | 3.47 bp | 21.1 bp −$21 | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.31 bp | 15.1 bp −$15 | 77.1 bp −$771 | doesn't fit | doesn't fit |
EGLD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | +0.0020% | 1h | 4.3490 | +0.115% | $433K | $691K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.746% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3417 | −0.053% | $4.7M | $26.7M | 75x | as long as short |
| Bybit EGLDUSDTshort | +0.0100% | 8h | 4.3390 | −0.115% | $2.6M | $8.6M | 75x | |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3480 | +0.092% | $448K | $695K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3410 | −0.069% | $3.9M | $3.5M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3450 | +0.023% | $2.7M | $1.3M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3390 | −0.115% | $2.2M | $4.2M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3392 | −0.111% | $17K | $54K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.3440 | long leg | $225K | $586K | 75x |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0241% | 8h | 4.3400 | −0.092% | — | $2.9M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0258% | 8h | 4.3410 | −0.069% | $617K | $4.9M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP