Settings8H · net · $10k
Funding arb · Price arb /

RE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit0.000%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1191.194% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.137%+$14 on $10k
Price spread, last 4 days (all we have)−0.105%−$10 · spread now 0.000%, 7d avg −0.045%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.045% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit REUSDT0.46900.0100pay 0.0050% / 4h1h 24m$1.5M$1.4M20x
ShortBloFin RE-USDT0.46900.0130get 0.0065% / 4h1h 24m$370K$71K50x

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

Funding earned
$6.29
Price spread: 0.000% → −0.045%
$4.5
Slippage, 4 orders
−$96.43
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$108.64
Costs to cover
1.194%
Break-even
127.9 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.13 bp43.7 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 61 min ago2.15 bp18.9 bp −$1950.2 bp −$502doesn't fitdoesn't fit

RE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) RE/USDL −0.0025% / S +0.0026%1h0.4688−0.046%150xas long as short
Aster REUSDT+0.0100%4h0.4692+0.043%$36K$28K20xas long as short
Binance REUSDT+0.0100%4h0.4685−0.109%$8.4M$9.4M50xas long as short
Bybit REUSDTlong+0.0100%4h0.4690long leg$1.5M$1.4M20x
OKX RE-USDT-SWAP+0.0100%4h0.4687−0.062%$1.9M$4.0M20xas long as short
Gate RE_USDT+0.0100%4h0.4690+0.002%$423K$991K20xas long as short
MEXC RE_USDT+0.0100%4h0.4689−0.021%$1.2M$452K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4691+0.028%$1.4M$1.0M20xas long as short
Bitget REUSDT+0.0100%4h0.4689−0.030%$1.8M$703K20xas long as short
BingX RE-USDT+0.0100%4h0.4688−0.043%$1.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX REUSDC+0.0100%4h0.4678−0.261%$8K$220K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4689−0.021%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4684−0.130%$7965xas long as short
BloFin RE-USDTshort+0.0130%4h0.46900.000%$370K$71K50x