Settings8H · net · $10k
Funding arb · Price arb /

TA

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$3653.648% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.691%+$69 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TAUSDT0.054070.0100pay 0.0050% / 4h1h 06m$2.0M$112K5x
ShortBloFin TA-USDT0.054240.0148get 0.0074% / 4h1h 06m$393K$5K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago5.55 bp139.3 bp −$139doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 34 min ago5.52 bp72.5 bp −$72doesn't fitdoesn't fitdoesn't fit

TA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TAUSDT+0.0100%4h0.05413+0.115%$18K$3K5xas long as short
Binance TAUSDT+0.0100%4h0.05425+0.333%$6.4M$873K10xas long as short
Bybit TAUSDTlong+0.0100%4h0.05407long leg$2.0M$112K5x
Gate TA_USDT+0.0100%4h0.05419+0.222%$2.0M$48K20xas long as short
MEXC TA_USDT+0.0100%4h0.05424+0.314%$153K$86K50xas long as short
KuCoin TAUSDTM+0.0100%4h0.05411+0.074%$183K$18K10xas long as short
BingX TA-USDT+0.0100%4h0.05413+0.111%$2.3Mas long as short
Variational Omni TA+0.0100%4h0.05406−0.010%$16K$1as long as short
BloFin TA-USDTshort+0.0148%4h0.05424+0.314%$393K$5K10x