Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against Bybit−0.222%72s7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as 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−$1851.851% of the position
Funding, last 7 days+0.364%+$36 on $10k
+Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.222%, 7d avg −0.101%
=Funding pays, the price is against you. BloFin is 0.122% cheaper against Bybit than usual: you would sell low and buy high (spread −0.222% now, against its 7-day average of −0.101%). If the spread goes back, that is −$12 on $10k: about 41 hours of funding at the current rate (+$7 a day). The two prices were read 72 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 DEXEUSDT | 1.9343 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $2.4M | $900K | 20x |
| Short | BloFin DEXE-USDT | 1.9300 | 0.0340 | get 0.0170% / 4h | 2h 06m | $393K | $30K | 20x |
Bybit DEXEUSDT
BloFin DEXE-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
- $50.4
- Price spread: −0.222% → −0.101%
- −$12.15
- Slippage, 4 orders
- −$162.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$146.82
- Costs to cover
- 1.851%
- Break-even
- 27.4 days
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 5.17 bp | 72.4 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 2.58 bp | 12.5 bp −$13 | 30.9 bp −$309 | doesn't fit | doesn't fit |
DEXE 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DEXEUSD | −0.0102% | 1h | 1.9304 | −0.201% | $41K | $66K | 20x | as long as short |
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −3.841% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9337 | −0.029% | $171K | $36K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9310 | −0.171% | $7.0M | $8.5M | 20x | as long as short |
| Bybit DEXEUSDTlong | +0.0100% | 4h | 1.9343 | long leg | $2.4M | $900K | 20x | |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9320 | −0.119% | $486K | $783K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9300 | −0.222% | $1.8M | $212K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9310 | −0.171% | $3.2M | $505K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9320 | −0.119% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9345 | +0.009% | $35K | $2K | — | as long as short |
Kraken Futures PF_DEXEUSD
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXEShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9310 | −0.171% | $8K | — | 10x | as long as short |
| BloFin DEXE-USDTshort | +0.0340% | 4h | 1.9300 | −0.222% | $393K | $30K | 20x |
Orderly PERP_DEXE_USDC_mythos