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: BloFin against Bybit+0.345%62s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$800.797% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.345%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.290% dearer against Bybit than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.055%. The two prices were read 62 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 EGLDUSDT | 4.3520 | 0.0100 | pay 0.0100% / 8h | 36m 10s | $2.5M | $6.9M | 75x |
| Short | BloFin EGLD-USDT | 4.3670 | 0.0220 | get 0.0220% / 8h | 36m 10s | $211K | $553K | 75x |
Bybit EGLDUSDT
BloFin EGLD-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
- $25.2
- Price spread: +0.345% → +0.055%
- $29
- Slippage, 4 orders
- −$56.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.51
- Costs to cover
- 0.797%
- Break-even
- 14.1 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 45 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, 2 min ago | 3.44 bp | 19.3 bp −$19 | 67.1 bp −$671 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 2.29 bp | 23.3 bp −$23 | 50.4 bp −$504 | 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 | −0.0446% | 1h | 4.3584 | +0.146% | $436K | $602K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.901% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3518 | −0.005% | $4.5M | $21.0M | 75x | as long as short |
| Bybit EGLDUSDTlong | +0.0100% | 8h | 4.3520 | long leg | $2.5M | $6.9M | 75x | |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3600 | +0.184% | $447K | $509K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3540 | +0.046% | $4.0M | $2.8M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3610 | +0.207% | $2.8M | $1.0M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3580 | +0.138% | $2.2M | $3.2M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3826 | +0.704% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDTshort | +0.0220% | 8h | 4.3670 | +0.345% | $211K | $553K | 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 | +0.0397% | 8h | 4.3530 | +0.023% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0420% | 8h | 4.3530 | +0.023% | $593K | $3.4M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP