Funding you earn now, next payment 08:00 UTC+0.0804%/8h= +88.1% APRnext payment +$4.02 per $10,000 · paid last 24h +0.088%
Price spread now: BloFin against Bybit+0.230%52s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$1131.132% of the position
Funding, last 7 days+0.425%+$43 on $10k
+Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.230%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BloFin is 0.249% dearer against Bybit than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.019%. 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 7 days it paid 0.425% in total (about 22.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.02 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 CCUSDT | 0.1173 | −0.0464 | get 0.0232% / 4h | 2h 34m | $10.7M | $3.8M | 25x |
| Short | BloFin CC-USDT | 0.1176 | 0.0340 | get 0.0170% / 4h | 2h 34m | $597K | $98K | 75x |
Bybit CCUSDT
BloFin CC-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
- $168.91
- Price spread: +0.230% → −0.019%
- $24.92
- Slippage, 4 orders
- −$90.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $80.63
- Costs to cover
- 1.132%
- Break-even
- 3.7 days
Slippage from Bybit: live order book, 9 min ago; BloFin: live order book, 57 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, 9 min ago | 3.82 bp | 35.1 bp −$35 | 449.7 bp −$4,497 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 2.55 bp | 25.8 bp −$26 | 57.1 bp −$571 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CCUSDTlong | −0.0464% | 4h | 0.1173 | long leg | $10.7M | $3.8M | 25x | |
| MEXC CC_USDT | −0.0462% | 4h | 0.1173 | −0.009% | $1.8M | $332K | 100x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.571% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0084% | 8h | 0.1174 | +0.051% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1175 | +0.153% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1175 | +0.133% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1173 | −0.026% | $11.0M | $11.8M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1174 | +0.043% | $2.5M | $3.1M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1173 | −0.009% | $364K | $206K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1175 | +0.162% | $484K | $104K | 50x | as long as short |
MEXC CC_USDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1173 | +0.017% | $918K | $770K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1173 | −0.009% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1178 | +0.375% | $15K | $23K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1176 | +0.193% | $599K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1175 | +0.151% | $83K | $2.7M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1172 | −0.117% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1176 | +0.230% | $597K | $98K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0450% / S −0.0241% | 1h | 0.1174 | +0.037% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0656% | 1h | 0.1180 | +0.571% | $253K | $170K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Lighter CC