Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h +0.077%
Price spread now: Bybit against BloFin+0.027%52s7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as 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−$710.715% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 3 days (all we have)−0.162%−$16 · spread now +0.027%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.026% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.053%. 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 LA-USDT | 0.07413 | 0.0109 | pay 0.0054% / 4h | 2h 12m | $251K | $19K | 25x |
| Short | Bybit LAUSDT | 0.07415 | 0.0100 | get 0.0050% / 4h | 2h 12m | $2.4M | $2.3M | 25x |
BloFin LA-USDT
Bybit LAUSDTFunding 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
- −$1.84
- Price spread: +0.027% → +0.053%
- −$2.63
- Slippage, 4 orders
- −$48.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$75.96
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 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, 4 min ago | 0.67 bp | 15.4 bp −$15 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.02 bp | 22.1 bp −$22 | 129.6 bp −$1,296 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0442% | 4h | 0.07414 | +0.013% | $251K | $804K | 50x | as long as short |
| BingX LA-USDT | −0.0120% | 4h | 0.07415 | +0.027% | — | $6.5M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0119% | 4h | 0.07412 | −0.013% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin LAUSDTM | −0.0104% | 4h | 0.07415 | +0.027% | $1.0M | $58K | 30x | as long as short |
| Bitget LAUSDT | −0.0062% | 4h | 0.07397 | −0.216% | $2.0M | $519K | 25x | as long as short |
| Aster LAUSDT | +0.0093% | 4h | 0.07415 | +0.034% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07408 | −0.063% | $4.7M | $8.3M | 25x | as long as short |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07415 | +0.027% | $2.4M | $2.3M | 25x | |
| MEXC LA_USDT | +0.0100% | 4h | 0.07408 | −0.067% | $398K | $139K | 50x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.037% | $143K | $470K | 10x | as long as short |
Gate LA_USDT
BingX LA-USDT
OKX LA-USDT-SWAP
KuCoin LAUSDTM
Bitget LAUSDT
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
GRVT LA_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDTlong | +0.0109% | 4h | 0.07413 | long leg | $251K | $19K | 25x |