H

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against Bybit+0.171%72s7-day average +0.217% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as 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−$1261.265% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.249%+$25 on $10k

Price spread, last 4 days (all we have)+0.589%+$59 · spread now +0.171%, 7d avg +0.217%

Together, before fees+0.839%+$84 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.046% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.217%. The two prices were read 72 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 HUSDT	0.06831	0.0100	pay 0.0050% / 4h	3h 20m	$7.6M	$4.9M	13x
Short	BloFin H-USDT	0.06843	0.0103	get 0.0051% / 4h	3h 20m	$588K	$110K	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.171%Rate

Funding earned: $0.56
Price spread: +0.171% → +0.217%: −$4.62
Slippage, 4 orders: −$103.46
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$130.51
Costs to cover: 1.265%
Break-even: 1625.5 days

Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 11 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	2.19 bp	34.2 bp −$34	185.0 bp −$1,850	doesn't fit	doesn't fit
Sell BloFin live order book, 11 min ago	7.30 bp	30.9 bp −$31	doesn't fit	doesn't fit	doesn't fit

H on 14 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 H/USDC PERP	+0.0033%	1h	0.06250	−8.509%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06840	+0.127%	$112K	$55K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06840	+0.127%	$14.6M	$11.2M	10x	as long as short
Bybit HUSDTlong	+0.0100%	4h	0.06831	long leg	$7.6M	$4.9M	13x
OKX H-USDT-SWAP	+0.0100%	4h	0.06842	+0.157%	$1.8M	$6.3M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06830	−0.019%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06839	+0.113%	$6.1M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06838	+0.098%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06837	+0.083%	$1.7M	$451K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06844	+0.186%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06830	−0.015%	$8K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06842	+0.157%	$1.1M	$433K	10x	as long as short
BloFin H-USDTshort	+0.0103%	4h	0.06843	+0.171%	$588K	$110K	25x
Extended H-USD	+0.0104%	1h	0.06839	+0.114%	$9K	$108K	5x	as long as short