Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against BloFin−0.274%52s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as 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−$1341.338% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 3 days (all we have)+0.025%+$2 · spread now −0.274%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.230% cheaper against BloFin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.044%. The two prices were read 52 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 | BloFin DYDX-USDT | 0.1385 | 0.0098 | pay 0.0098% / 8h | 2h 08m | $302K | $15K | 75x |
| Short | Bybit DYDXUSDT | 0.1381 | 0.0100 | get 0.0100% / 8h | 2h 08m | $4.6M | $2.4M | 75x |
Funding 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
- $0.37
- Price spread: −0.274% → −0.044%
- −$23
- Slippage, 4 orders
- −$110.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$156.44
- Costs to cover
- 1.338%
- Break-even
- 3000.5 days
Slippage from BloFin: live order book, 9 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, 9 min ago | 3.61 bp | 28.0 bp −$28 | 66.0 bp −$660 | 319.1 bp −$31.9K | doesn't fit |
| Sell Bybit live order book, 9 min ago | 1.80 bp | 48.2 bp −$48 | 245.4 bp −$2,454 | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0395% | 1h | 0.1389 | +0.289% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1383 | −0.144% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1383 | −0.123% | $62K | $47K | 5x | as long as short |
| BloFin DYDX-USDTlong | +0.0098% | 8h | 0.1385 | long leg | $302K | $15K | 75x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1386 | +0.036% | $2.1M | $733K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.105% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1382 | −0.183% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDTshort | +0.0100% | 8h | 0.1381 | −0.274% | $4.6M | $2.4M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1383 | −0.144% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1384 | −0.072% | $53K | $19K | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1382 | −0.217% | $391K | $491K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1382 | −0.217% | $3.4M | $845K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1383 | −0.144% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1382 | −0.217% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1382 | −0.217% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1382 | −0.196% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1383 | −0.153% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1382 | −0.223% | $937 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0351% | 1h | 0.1384 | −0.049% | $322K | $324K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1394 | +0.650% | $17K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2934% | 1h | 0.1383 | −0.111% | $79K | $2K | 5x | as long as short |
BloFin DYDX-USDT
Bybit DYDXUSDT
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX