Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Bybit−0.444%482s7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as 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−$1711.710% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 3 days (all we have)+0.858%+$86 · spread now −0.444%, 7d avg −0.064%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.380% cheaper against Bybit than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.064%). Swap the legs. The two prices were read 482 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 EPICUSDT | 0.6075 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $1.3M | $5.2M | 25x |
| Short | BloFin EPIC-USDT | 0.6048 | 0.0067 | get 0.0033% / 4h | 2h 41m | $321K | $103K | 20x |
Bybit EPICUSDT
BloFin EPIC-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
- −$7.02
- Price spread: −0.444% → −0.064%
- −$38
- Slippage, 4 orders
- −$147.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$215.97
- Costs to cover
- 1.710%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 23 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, 2 min ago | 2.47 bp | 46.9 bp −$47 | 566.6 bp −$5,666 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 8.05 bp | 32.8 bp −$33 | 134.6 bp −$1,346 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EPIC-USDTshort | +0.0067% | 4h | 0.6048 | −0.444% | $321K | $103K | 20x | |
| BingX EPIC-USDT | +0.0070% | 4h | 0.6077 | +0.033% | — | $2.5M | — | as long as short |
| Binance EPICUSDT | +0.0100% | 4h | 0.6071 | −0.073% | $6.2M | $24.9M | 20x | as long as short |
| Bybit EPICUSDTlong | +0.0100% | 4h | 0.6075 | long leg | $1.3M | $5.2M | 25x | |
| Gate EPIC_USDT | +0.0100% | 4h | 0.6068 | −0.115% | $528K | $1.5M | 25x | as long as short |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6068 | −0.115% | $252K | $315K | 20x | as long as short |
| Bitget EPICUSDT | +0.0316% | 4h | 0.6074 | −0.016% | $5.3M | $3.4M | 10x | as long as short |
BingX EPIC-USDT
Binance EPICUSDT
Gate EPIC_USDT
MEXC EPIC_USDT
Bitget EPICUSDT