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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.6% APRnext payment $0.15 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bybit0.000%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1461.463% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 3 days (all we have)−0.077%−$8 · spread now 0.000%, 7d avg +0.019%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.019970.0100pay 0.0100% / 8h46m 39s$4.2M$2.7M50x
ShortBloFin DEEP-USDT0.019970.0085get 0.0085% / 8h46m 39s$138K$35K50x

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
−$3.05
Price spread: 0.000% → +0.019%
−$1.87
Slippage, 4 orders
−$123.32
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$151.24
Costs to cover
1.463%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 14 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, 1 min ago7.52 bp41.2 bp −$41319.5 bp −$3,195doesn't fitdoesn't fit
Sell BloFin live order book, 14 min ago5.04 bp35.1 bp −$3594.4 bp −$944doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.3430%1h0.02001+0.200%$82K$17K20xas long as short
BloFin DEEP-USDTshort+0.0085%8h0.019970.000%$138K$35K50x
Binance DEEPUSDT+0.0100%4h0.02006+0.451%$2.1M$6.1M50xas long as short
Bybit DEEPUSDTlong+0.0100%8h0.01997long leg$4.2M$2.7M50x
Gate DEEP_USDT+0.0100%4h0.01998+0.050%$306K$99K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.02005+0.401%$1.1M$548K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.02002+0.250%$1.8M$93K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.02004+0.351%$869K$603K50xas long as short
Variational Omni DEEP+0.0100%8h0.01996−0.063%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.02005+0.417%$5K$221K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.02003+0.300%$6.7Mas long as short
Kraken Futures PF_DEEPUSD+1.3454%1h0.02025+1.384%$8K$7K10xas long as short