Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.30 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bybit−0.541%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1261.257% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 3 days (all we have)+0.617%+$62 · spread now −0.541%, 7d avg +0.030%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.571% cheaper against Bybit than usual: you would sell low and buy high (−$57 if the spread goes back to its 7-day average of +0.030%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.144%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SENTUSDT | 0.01923 | 0.0100 | pay 0.0050% / 4h | 3h 28m | $1.9M | $1.0M | 50x |
| Short | BloFin SENT-USDT | 0.01913 | 0.0040 | get 0.0020% / 4h | 3h 28m | $276K | $20K | 75x |
Bybit SENTUSDT
BloFin SENT-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.56
- Price spread: −0.541% → +0.030%
- −$57.12
- Slippage, 4 orders
- −$102.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$195.34
- Costs to cover
- 1.257%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 38 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 | 3.40 bp | 33.9 bp −$34 | 135.0 bp −$1,350 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 5.28 bp | 26.2 bp −$26 | 78.3 bp −$783 | doesn't fit | doesn't fit |
SENT 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SENT-USDTshort | +0.0040% | 4h | 0.01913 | −0.541% | $276K | $20K | 75x | |
| Aster SENTUSDT | +0.0100% | 4h | 0.01914 | −0.507% | $8K | $5K | 5x | as long as short |
| Binance SENTUSDT | +0.0100% | 4h | 0.01923 | −0.011% | $6.2M | $3.0M | 75x | as long as short |
| Bybit SENTUSDTlong | +0.0100% | 4h | 0.01923 | long leg | $1.9M | $1.0M | 50x | |
| OKX SENT-USDT-SWAP | +0.0100% | 4h | 0.01924 | +0.031% | $1.2M | $745K | 50x | as long as short |
| Gate SENT_USDT | +0.0100% | 4h | 0.01920 | −0.177% | $269K | $78K | 50x | as long as short |
| MEXC SENT_USDT | +0.0100% | 4h | 0.01916 | −0.385% | $486K | $234K | 20x | as long as short |
| KuCoin SENTUSDTM | +0.0100% | 4h | 0.01918 | −0.281% | $583K | $110K | 50x | as long as short |
| Bitget SENTUSDT | +0.0100% | 4h | 0.01924 | +0.031% | $1.1M | $331K | 20x | as long as short |
| BingX SENT-USDT | +0.0100% | 4h | 0.01923 | −0.021% | — | $1.8M | — | as long as short |
Aster SENTUSDT
Binance SENTUSDT
OKX SENT-USDT-SWAP
Gate SENT_USDT
MEXC SENT_USDT
KuCoin SENTUSDTM
Bitget SENTUSDT
BingX SENT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SENT-USDT | +0.0100% | 4h | 0.01913 | −0.541% | $3K | $1.2M | 20x | as long as short |
SunX SENT-USDT