Funding you earn now, next payment 04:00 UTC+0.0327%/8h= +35.8% APRnext payment +$1.63 per $10,000 · paid last 24h +0.873%
Price spread now: Bybit against BloFin−0.171%102s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$1471.470% of the position
Funding, last 7 days+0.880%+$88 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.171%, 7d avg +0.029%
=Funding pays, the price is against you. Bybit is 0.200% cheaper against BloFin than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of +0.029%). If the spread goes back, that is −$20 on $10k: about 2.0 days of funding at the current rate (+$10 a day). 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 ESP-USDT | 0.09345 | 0.0088 | pay 0.0044% / 4h | 41m 31s | $125K | $33K | 25x |
| Short | Bybit ESPUSDT | 0.09329 | 0.0415 | get 0.0208% / 4h | 41m 31s | $1.1M | $613K | 50x |
BloFin ESP-USDT
Bybit ESPUSDTFunding 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
- $68.66
- Price spread: −0.171% → +0.029%
- −$20
- Slippage, 4 orders
- −$124.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$98.36
- Costs to cover
- 1.470%
- Break-even
- 17.0 days
Slippage from BloFin: live order book, 54 min ago; Bybit: live order book, 4 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, 54 min ago | 0.53 bp | 20.1 bp −$20 | 41.0 bp −$410 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.54 bp | 59.4 bp −$59 | 297.1 bp −$2,971 | doesn't fit | doesn't fit |
ESP on 11 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 ESP-USDT | +0.0036% | 4h | 0.09347 | +0.021% | — | $1.7M | — | as long as short |
| BloFin ESP-USDTlong | +0.0088% | 4h | 0.09345 | long leg | $125K | $33K | 25x | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09346 | +0.005% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09344 | −0.011% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09353 | +0.086% | $594K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09358 | +0.139% | $175K | $596K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09344 | −0.011% | $1.2M | $119K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09359 | +0.150% | $1.5M | $45K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09349 | +0.041% | $939K | $136K | 20x | as long as short |
| edgeX ESPUSDC | +0.0115% | 4h | 0.09346 | +0.006% | $29K | $266K | 10x | as long as short |
BingX ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDTshort | +0.0415% | 4h | 0.09329 | −0.171% | $1.1M | $613K | 50x |