Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.052%
Price spread now: BloFin against Bybit+0.314%52s7-day average +0.249% · you sell dearer than you buy
Net, funding: paid 7d − costs−$326as 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−$3653.648% of the position
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 4 days (all we have)+0.299%+$30 · spread now +0.314%, 7d avg +0.249%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.065% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.249%. The two prices were read 52 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 TAUSDT | 0.05407 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $2.0M | $112K | 5x |
| Short | BloFin TA-USDT | 0.05424 | 0.0148 | get 0.0074% / 4h | 1h 06m | $393K | $5K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.15
- Price spread: +0.314% → +0.249%
- $6.5
- Slippage, 4 orders
- −$341.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$348.19
- Costs to cover
- 3.648%
- Break-even
- 247.2 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 34 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, 5 min ago | 5.55 bp | 139.3 bp −$139 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 5.52 bp | 72.5 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
TA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TAUSDT | +0.0100% | 4h | 0.05413 | +0.115% | $18K | $3K | 5x | as long as short |
| Binance TAUSDT | +0.0100% | 4h | 0.05425 | +0.333% | $6.4M | $873K | 10x | as long as short |
| Bybit TAUSDTlong | +0.0100% | 4h | 0.05407 | long leg | $2.0M | $112K | 5x | |
| Gate TA_USDT | +0.0100% | 4h | 0.05419 | +0.222% | $2.0M | $48K | 20x | as long as short |
| MEXC TA_USDT | +0.0100% | 4h | 0.05424 | +0.314% | $153K | $86K | 50x | as long as short |
| KuCoin TAUSDTM | +0.0100% | 4h | 0.05411 | +0.074% | $183K | $18K | 10x | as long as short |
| BingX TA-USDT | +0.0100% | 4h | 0.05413 | +0.111% | — | $2.3M | — | as long as short |
| Variational Omni TA | +0.0100% | 4h | 0.05406 | −0.010% | $16K | $1 | — | as long as short |
| BloFin TA-USDTshort | +0.0148% | 4h | 0.05424 | +0.314% | $393K | $5K | 10x |
Bybit TAUSDT
BloFin TA-USDT
Aster TAUSDT
Binance TAUSDT
Gate TA_USDT
MEXC TA_USDT
KuCoin TAUSDTM
BingX TA-USDT
Variational Omni TA