Funding you earn now, next payment 00:00 UTC+0.0213%/8h= +23.3% APRnext payment +$1.06 per $10,000 · paid last 24h +0.077%
Price spread now: Bybit against BloFin+0.189%62s7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as 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−$710.708% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 3 days (all we have)−0.232%−$23 · spread now +0.189%, 7d avg +0.053%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.136% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.053%. 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 | BloFin LA-USDT | 0.07405 | −0.0113 | get 0.0056% / 4h | 1h 16m | $249K | $19K | 25x |
| Short | Bybit LAUSDT | 0.07419 | 0.0100 | get 0.0050% / 4h | 1h 16m | $2.4M | $2.3M | 25x |
BloFin LA-USDT
Bybit LAUSDTFunding 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
- $44.63
- Price spread: +0.189% → +0.053%
- $13.56
- Slippage, 4 orders
- −$47.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$12.57
- Costs to cover
- 0.708%
- Break-even
- 9.0 days
Slippage from BloFin: live order book, 60 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, 60 min ago | 0.67 bp | 15.4 bp −$15 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.35 bp | 21.0 bp −$21 | 129.7 bp −$1,297 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0374% | 4h | 0.07412 | +0.095% | $249K | $801K | 50x | as long as short |
| Bitget LAUSDT | −0.0206% | 4h | 0.07408 | +0.041% | $2.0M | $502K | 25x | as long as short |
| BingX LA-USDT | −0.0202% | 4h | 0.07412 | +0.095% | — | $6.6M | — | as long as short |
| BloFin LA-USDTlong | −0.0113% | 4h | 0.07405 | long leg | $249K | $19K | 25x | |
| KuCoin LAUSDTM | −0.0108% | 4h | 0.07410 | +0.068% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | −0.0102% | 4h | 0.07407 | +0.027% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | −0.0066% | 4h | 0.07417 | +0.159% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDT | −0.0060% | 4h | 0.07416 | +0.149% | $398K | $138K | 50x | as long as short |
| OKX LA-USDT-SWAP | +0.0062% | 4h | 0.07417 | +0.162% | $1.3M | $2.8M | 20x | as long as short |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07419 | +0.189% | $2.4M | $2.3M | 25x |
Gate LA_USDT
Bitget LAUSDT
BingX LA-USDT
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07400 | −0.067% | $147K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp