Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against BloFin−0.198%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1411.406% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)+0.275%+$28 · spread now −0.198%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.180% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DEEP-USDT | 0.02016 | 0.0119 | pay 0.0119% / 8h | 7h 58m | $140K | $33K | 50x |
| Short | Bybit DEEPUSDT | 0.02012 | 0.0100 | get 0.0100% / 8h | 7h 58m | $4.3M | $2.7M | 50x |
BloFin DEEP-USDT
Bybit DEEPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$4.04
- Price spread: −0.198% → −0.019%
- −$17.97
- Slippage, 4 orders
- −$117.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$162.65
- Costs to cover
- 1.406%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 min ago; Bybit: live order book, 9 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 BloFin live order book, 62 min ago | 5.04 bp | 31.7 bp −$32 | 121.5 bp −$1,215 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 5.00 bp | 36.4 bp −$36 | 197.4 bp −$1,974 | doesn't fit | doesn't fit |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.8000% | 1h | 0.02001 | −0.744% | $82K | $17K | 20x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.02020 | +0.176% | $2.2M | $6.2M | 50x | as long as short |
| Bybit DEEPUSDTshort | +0.0100% | 8h | 0.02012 | −0.198% | $4.3M | $2.7M | 50x | |
| Gate DEEP_USDT | +0.0100% | 4h | 0.02020 | +0.198% | $310K | $92K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.02018 | +0.099% | $1.1M | $554K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.02022 | +0.298% | $1.8M | $95K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.02017 | +0.050% | $864K | $609K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.02009 | −0.336% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.02019 | +0.139% | $5K | $217K | 5x | as long as short |
| BloFin DEEP-USDTlong | +0.0119% | 8h | 0.02016 | long leg | $140K | $33K | 50x |
Bluefin DEEP-PERP
Binance DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDT | +0.0200% | 4h | 0.02017 | +0.050% | — | $6.6M | — | as long as short |
| Kraken Futures PF_DEEPUSD | +1.2477% | 1h | 0.02041 | +1.262% | $8K | $7K | 10x | as long as short |
BingX DEEP-USDT
Kraken Futures PF_DEEPUSD