Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.097%
Price spread now: BloFin against Bybit+0.348%342s7-day average +0.211% · you sell dearer than you buy
Net, funding: paid 7d − costs−$374as 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−$4003.996% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 3 days (all we have)−0.889%−$89 · spread now +0.348%, 7d avg +0.211%
=The price spread pays, funding is against you. BloFin is 0.137% dearer against Bybit than usual: you sell high and buy low (spread +0.348% now, against its 7-day average of +0.211%): +$14 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 47 days. Mind the row above: over the last 7 days funding on this pair paid +0.261%, so the current rate has only just turned against you. The two prices were read 342 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 BUSDT | 0.2043 | 0.0731 | pay 0.0366% / 4h | 2h 43m | $1.7M | $957K | 13x |
| Short | BloFin B-USDT | 0.2050 | 0.0721 | get 0.0361% / 4h | 2h 43m | $609K | $39K | 20x |
Bybit BUSDT
BloFin B-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
- −$2.04
- Price spread: +0.348% → +0.211%
- $13.7
- Slippage, 4 orders
- −$376.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$387.97
- Costs to cover
- 3.996%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 23 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, 3 min ago | 1.47 bp | 193.5 bp −$193 | 3476.2 bp −$34.8K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 2.43 bp | 19.7 bp −$20 | 75.7 bp −$757 | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2043 | +0.005% | $3.5M | $623K | 20x | as long as short |
| KuCoin BUSDTM | +0.0648% | 4h | 0.2044 | +0.029% | $1.9M | $71K | 10x | as long as short |
| BloFin B-USDTshort | +0.0721% | 4h | 0.2050 | +0.348% | $609K | $39K | 20x | |
| Binance BUSDT | +0.0729% | 4h | 0.2045 | +0.080% | $11.8M | $2.0M | 20x | as long as short |
| Bybit BUSDTlong | +0.0731% | 4h | 0.2043 | long leg | $1.7M | $957K | 13x | |
| Extended B-USD | +0.0736% | 1h | 0.2044 | +0.045% | $15K | $219K | 5x | as long as short |
| MEXC B_USDT | +0.0736% | 4h | 0.2044 | +0.054% | $1.0M | $358K | 100x | as long as short |
| edgeX BUSDC | +0.0761% | 4h | 0.2044 | +0.031% | $3K | $392K | 5x | as long as short |
| Bitget BUSDT | +0.1044% | 4h | 0.2044 | +0.054% | $2.8M | $257K | 10x | as long as short |
| BingX B-USDT | +0.1052% | 4h | 0.2045 | +0.103% | — | $1.3M | — | as long as short |
Gate B_USDT
KuCoin BUSDTM
Binance BUSDT
Extended B-USD
MEXC B_USDT
edgeX BUSDC
Bitget BUSDT
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1465% | 4h | 0.2045 | +0.107% | $1.9M | $213K | 5x | as long as short |
Aster BUSDT