Funding you earn now, next payment 12:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.28 per $10,000 · paid last 24h −0.025%
Price spread now: BloFin against Bybit+0.679%82s7-day average +0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs−$594as 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−$5715.713% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 4 days (all we have)−0.679%−$68 · spread now +0.679%, 7d avg +0.203%
=The price spread pays, funding is against you. BloFin is 0.476% dearer against Bybit than usual: you sell high and buy low (spread +0.679% now, against its 7-day average of +0.203%): +$48 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 29 days. At the pace of the last 7 days (−0.232% in total) that is about 14 days. The two prices were read 82 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 SPACEUSDT | 0.005157 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $803K | $187K | 13x |
| Short | BloFin SPACE-USDT | 0.005192 | 0.0045 | get 0.0022% / 4h | 3h 31m | $163K | $12K | 50x |
Bybit SPACEUSDT
BloFin SPACE-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
- −$11.57
- Price spread: +0.679% → +0.203%
- $47.59
- Slippage, 4 orders
- −$548.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$535.24
- Costs to cover
- 5.713%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 63 min ago; BloFin: live order book, 33 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, 63 min ago | 5.82 bp | 270.1 bp −$270 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 33 min ago | 2.89 bp | 20.1 bp −$20 | 84.0 bp −$840 | doesn't fit | doesn't fit |
SPACE on 9 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 SPACE-USDTshort | +0.0045% | 4h | 0.005192 | +0.679% | $163K | $12K | 50x | |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005171 | +0.269% | $1.8M | $2.3M | 50x | as long as short |
| Bybit SPACEUSDTlong | +0.0100% | 4h | 0.005157 | long leg | $803K | $187K | 13x | |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005155 | −0.039% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005162 | +0.097% | $775K | $319K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005167 | +0.194% | $474K | $169K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005163 | +0.116% | $905K | $275K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0124% | 4h | 0.005155 | −0.039% | $660K | $97K | 20x | as long as short |
| Aster SPACEUSDT | +0.1469% | 4h | 0.005168 | +0.209% | $17K | $37K | 5x | as long as short |
Binance SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
Bitget SPACEUSDT
KuCoin SPACEUSDTM
Aster SPACEUSDT