Funding you earn now, next payment 12:00 UTC−0.2052%/8h= −224.6% APRnext payment −$10.26 per $10,000 · paid last 24h −0.112%
Price spread now: Bybit against BloFin+0.119%52s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3103.098% of the position
Funding, last 4 days (all we have)−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)+0.443%+$44 · spread now +0.119%, 7d avg −0.020%
=The price spread pays, funding is against you. Bybit is 0.139% dearer against BloFin than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of −0.020%): +$14 on $10k if it goes back. Holding the pair costs −$62 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 4 days (−0.142% in total) that is about 3.8 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.142% in total (about -13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.26 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STONK-USDT | 0.3363 | 0.6557 | pay 0.3279% / 4h | 1h 50m | $92K | $166K | 5x |
| Short | Bybit STONKUSDT | 0.3367 | 0.4506 | get 0.2253% / 4h | 1h 50m | $1.9M | $6.1M | 5x |
BloFin STONK-USDT
Bybit STONKUSDTFunding 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
- −$430.82
- Price spread: +0.119% → −0.020%
- $13.91
- Slippage, 4 orders
- −$286.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$726.73
- Costs to cover
- 3.098%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 54 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, 54 min ago | 1.49 bp | 57.3 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 8.89 bp | 80.6 bp −$81 | 473.9 bp −$4,739 | doesn't fit | doesn't fit |
STONK on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0298% | 4h | 0.3367 | +0.113% | $484K | $1.9M | 10x | as long as short |
| MEXC STONK_USDT | +0.0304% | 4h | 0.3367 | +0.119% | $832K | $972K | 20x | as long as short |
| Aster STONKUSDT | +0.1126% | 1h | 0.3368 | +0.144% | $502K | $1.2M | 10x | as long as short |
| Phoenix STONK | +0.1390% | 1h | 0.3360 | −0.080% | $211K | $134K | 3x | as long as short |
| Lighter STONK | +0.2344% | 1h | 0.3385 | +0.666% | $365K | $548K | 5x | as long as short |
| Gate STONK_USDT | +0.4114% | 4h | 0.3377 | +0.416% | $1.0M | $2.3M | 10x | as long as short |
| BingX STONK-USDT | +0.4482% | 4h | 0.3370 | +0.208% | — | $896K | — | as long as short |
| Bybit STONKUSDTshort | +0.4506% | 4h | 0.3367 | +0.119% | $1.9M | $6.1M | 5x | |
| BloFin STONK-USDTlong | +0.6557% | 4h | 0.3363 | long leg | $92K | $166K | 5x |
Bitget STONKUSDT
MEXC STONK_USDT
Aster STONKUSDT
Phoenix STONK
Lighter STONK
Gate STONK_USDT
BingX STONK-USDT