Funding you earn now, next payment 00:00 UTC+0.0241%/8h= +26.4% APRnext payment +$1.21 per $10,000 · paid last 24h +0.048%
Price spread now: BloFin against Bybit−0.215%72s7-day average +0.028% · you buy dearer than you sell
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−$2022.018% of the position
Funding, last 3 days (all we have)+0.065%+$6 on $10k
+Price spread, last 3 days (all we have)−0.347%−$35 · spread now −0.215%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.243% cheaper against Bybit than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of +0.028%). If the spread goes back, that is −$24 on $10k: about 3.4 days of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.065% in total) that is about 13 days. The two prices were read 72 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 3 days it paid 0.065% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STONKUSDT | 0.3727 | 0.0906 | pay 0.0453% / 4h | 1h 46m | $1.5M | $7.0M | 5x |
| Short | BloFin STONK-USDT | 0.3719 | 0.1148 | get 0.0574% / 4h | 1h 46m | $91K | $239K | 5x |
Bybit STONKUSDT
BloFin STONK-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
- $50.68
- Price spread: −0.215% → +0.028%
- −$24.29
- Slippage, 4 orders
- −$178.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$175.42
- Costs to cover
- 2.018%
- Break-even
- 31.2 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 30 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, 2 min ago | 2.68 bp | 54.2 bp −$54 | 249.4 bp −$2,494 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 11.95 bp | 39.4 bp −$39 | 173.6 bp −$1,736 | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0100% | 4h | 0.3724 | −0.094% | $332K | $2.8M | 10x | as long as short |
| BingX STONK-USDT | +0.0850% | 4h | 0.3722 | −0.134% | — | $950K | — | as long as short |
| Bybit STONKUSDTlong | +0.0906% | 4h | 0.3727 | long leg | $1.5M | $7.0M | 5x | |
| BloFin STONK-USDTshort | +0.1148% | 4h | 0.3719 | −0.215% | $91K | $239K | 5x | |
| MEXC STONK_USDT | +0.1480% | 4h | 0.3721 | −0.164% | $858K | $1.1M | 20x | as long as short |
| Phoenix STONK | +0.1531% | 1h | 0.3725 | −0.064% | $193K | $231K | 3x | as long as short |
| Gate STONK_USDT | +0.1556% | 4h | 0.3727 | +0.011% | $880K | $1.7M | 10x | as long as short |
| Aster STONKUSDT | +0.3718% | 1h | 0.3744 | +0.454% | $492K | $1.2M | 10x | as long as short |
| Lighter STONK | +0.4560% | 1h | 0.3735 | +0.215% | $435K | $629K | 5x | as long as short |
Bitget STONKUSDT
BingX STONK-USDT
MEXC STONK_USDT
Phoenix STONK
Gate STONK_USDT
Aster STONKUSDT
Lighter STONK