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

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0721%/8h= −79.0% APRnext payment $3.61 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against Bybit+0.071%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.071% dearer against Bybit than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CPUSDT0.014050.0798pay 0.0399% / 4h3h 25m$1.5M$2.9M20x
ShortBloFin CP-USDT0.014060.0076get 0.0038% / 4h3h 25m$429$43K20x

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
−$151.46
Price spread: +0.071% → 0.000%
$7.12
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$167.34
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; BloFin: no order-book sample. Net counts fees only.

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, 2 min ago3.54 bp48.8 bp −$49351.1 bp −$3,511doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CP on 8 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
BingX CP-USDT+0.0070%4h0.01404−0.071%$1.1Mas long as short
BloFin CP-USDTshort+0.0076%4h0.01406+0.071%$429$43K20x
OKX CP-USDT-SWAP+0.0100%4h0.01403−0.142%$4.0M$11.9M20xas long as short
Gate CP_USDT+0.0100%4h0.014050.000%$614K$565K20xas long as short
MEXC CP_USDT+0.0100%4h0.01403−0.142%$1.5M$391K20xas long as short
KuCoin CPUSDTM+0.0100%4h0.01406+0.071%$199K$897K20xas long as short
Bitget CPUSDT+0.0100%4h0.01405+0.007%$798K$1.7M20xas long as short
Bybit CPUSDTlong+0.0798%4h0.01405long leg$1.5M$2.9M20x