Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against BloFin+0.234%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$870.868% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 3 days (all we have)−0.607%−$61 · spread now +0.234%, 7d avg −0.061%
=The price spread pays, funding is against you. Bybit is 0.295% dearer against BloFin than usual: you sell high and buy low (spread +0.234% now, against its 7-day average of −0.061%): +$29 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.2 days. At the pace of the last 7 days (−0.050% in total) that is about 41 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EGLD-USDT | 4.2820 | 0.0220 | pay 0.0220% / 8h | 2h 03m | $223K | $471K | 75x |
| Short | Bybit EGLDUSDT | 4.2920 | 0.0100 | get 0.0100% / 8h | 2h 03m | $2.6M | $8.8M | 75x |
BloFin EGLD-USDT
Bybit EGLDUSDTFunding 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
- −$25.2
- Price spread: +0.234% → −0.061%
- $29.49
- Slippage, 4 orders
- −$63.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$82.52
- Costs to cover
- 0.868%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 18 min ago; Bybit: live order book, 5 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, 18 min ago | 3.50 bp | 13.9 bp −$14 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.49 bp | 25.9 bp −$26 | 113.1 bp −$1,131 | doesn't fit | doesn't fit |
EGLD 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_EGLDUSD | −0.0766% | 1h | 4.2930 | +0.256% | $428K | $695K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −14.526% | $16 | $46K | 5.5x | as long as short |
| KuCoin EGLDUSDTM | +0.0068% | 8h | 4.2960 | +0.327% | $2.5M | $1.3M | 50x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.2910 | +0.210% | $4.6M | $26.5M | 75x | as long as short |
| Bybit EGLDUSDTshort | +0.0100% | 8h | 4.2920 | +0.234% | $2.6M | $8.8M | 75x | |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.2890 | +0.163% | $602K | $5.0M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.2980 | +0.374% | $515K | $684K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.2900 | +0.187% | $4.3M | $3.7M | 125x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.2900 | +0.187% | $2.2M | $4.2M | 75x | as long as short |
| BingX EGLD-USDT | +0.0100% | 8h | 4.2890 | +0.163% | — | $2.9M | — | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
KuCoin EGLDUSDTM
Binance EGLDUSDT
OKX EGLD-USDT-SWAP
Gate EGLD_USDT
MEXC EGLD_USDT
Bitget EGLDUSDT
BingX EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.2828 | +0.019% | $17K | $56K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.2820 | long leg | $223K | $471K | 75x |
Variational Omni EGLD