Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against BloFin−0.064%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2242.241% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.509%−$51 · spread now −0.064%, 7d avg +0.060%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.124% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EPIC-USDT | 0.6256 | 0.0116 | pay 0.0058% / 4h | 3h 33m | $327K | $112K | 20x |
| Short | Bybit EPICUSDT | 0.6252 | 0.0100 | get 0.0050% / 4h | 3h 33m | $1.5M | $5.4M | 25x |
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
- −$3.39
- Price spread: −0.064% → +0.060%
- −$12.44
- Slippage, 4 orders
- −$201.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$239.98
- Costs to cover
- 2.241%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 37 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, 37 min ago | 1.60 bp | 29.2 bp −$29 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.39 bp | 85.4 bp −$85 | 478.3 bp −$4,783 | doesn't fit | doesn't fit |
EPIC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EPIC-USDT | +0.0070% | 4h | 0.6245 | −0.176% | — | $2.6M | — | as long as short |
| Binance EPICUSDT | +0.0100% | 4h | 0.6241 | −0.245% | $6.4M | $26.1M | 20x | as long as short |
| Bybit EPICUSDTshort | +0.0100% | 4h | 0.6252 | −0.064% | $1.5M | $5.4M | 25x | |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6237 | −0.304% | $270K | $330K | 20x | as long as short |
| BloFin EPIC-USDTlong | +0.0116% | 4h | 0.6256 | long leg | $327K | $112K | 20x | |
| Gate EPIC_USDT | +0.0198% | 4h | 0.6242 | −0.224% | $540K | $1.5M | 25x | as long as short |
| Bitget EPICUSDT | +0.0584% | 4h | 0.6246 | −0.160% | $5.5M | $3.5M | 10x | as long as short |
BloFin EPIC-USDT
Bybit EPICUSDT
BingX EPIC-USDT
Binance EPICUSDT
MEXC EPIC_USDT
Gate EPIC_USDT
Bitget EPICUSDT