Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against BloFin−0.846%112s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as 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−$1521.518% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.290%−$29 · spread now −0.846%, 7d avg +0.048%
=Funding pays, the price is against you. Bybit is 0.895% cheaper against BloFin than usual: you would sell low and buy high (spread −0.846% now, against its 7-day average of +0.048%). If the spread goes back, that is −$89 on $10k: about 5 months of funding at the current rate (+$1 a day). The two prices were read 112 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 EPIC-USDT | 0.6381 | 0.0079 | pay 0.0040% / 4h | 17m 17s | $326K | $99K | 20x |
| Short | Bybit EPICUSDT | 0.6327 | 0.0100 | get 0.0050% / 4h | 17m 17s | $1.3M | $5.1M | 25x |
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
- $4.39
- Price spread: −0.846% → +0.048%
- −$89.45
- Slippage, 4 orders
- −$128.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$236.88
- Costs to cover
- 1.518%
- Break-even
- 384.9 days
Slippage from BloFin: live order book, 18 min ago; Bybit: live order book, just now.
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, 18 min ago | 4.69 bp | 30.3 bp −$30 | 82.8 bp −$828 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 1.58 bp | 43.6 bp −$44 | 399.8 bp −$3,998 | doesn't fit | doesn't fit |
EPIC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EPIC-USDT | +0.0070% | 4h | 0.6320 | −0.956% | — | $2.6M | — | as long as short |
| BloFin EPIC-USDTlong | +0.0079% | 4h | 0.6381 | long leg | $326K | $99K | 20x | |
| Binance EPICUSDT | +0.0100% | 4h | 0.6324 | −0.896% | $6.3M | $23.9M | 20x | as long as short |
| Bybit EPICUSDTshort | +0.0100% | 4h | 0.6327 | −0.846% | $1.3M | $5.1M | 25x | |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6332 | −0.768% | $271K | $315K | 20x | as long as short |
| Bitget EPICUSDT | +0.0100% | 4h | 0.6322 | −0.925% | $5.5M | $3.3M | 10x | as long as short |
| Gate EPIC_USDT | +0.0452% | 4h | 0.6317 | −1.003% | $543K | $1.5M | 25x | as long as short |
BloFin EPIC-USDT
Bybit EPICUSDT
BingX EPIC-USDT
Binance EPICUSDT
MEXC EPIC_USDT
Bitget EPICUSDT
Gate EPIC_USDT