Funding you earn now, next payment 08:00 UTC−0.0378%/8h= −41.4% APRnext payment −$1.89 per $10,000 · paid last 24h −0.078%
Price spread now: Bybit against BloFin−0.781%72s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2252.248% of the position
Funding, last 4 days (all we have)−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+1.182%+$118 · spread now −0.781%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.756% cheaper against BloFin than usual: you would sell low and buy high (−$76 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.107% in total (about -10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STONK-USDT | 0.3329 | 0.1512 | pay 0.0756% / 4h | 2h 27m | $90K | $190K | 5x |
| Short | Bybit STONKUSDT | 0.3303 | 0.1134 | get 0.0567% / 4h | 2h 27m | $1.5M | $6.5M | 5x |
BloFin STONK-USDT
Bybit STONKUSDTFunding 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
- −$79.33
- Price spread: −0.781% → −0.025%
- −$75.64
- Slippage, 4 orders
- −$201.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$379.81
- Costs to cover
- 2.248%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 53 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, 53 min ago | 6.04 bp | 50.3 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.99 bp | 58.1 bp −$58 | 382.6 bp −$3,826 | doesn't fit | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STONK | +0.0032% | 1h | 0.3309 | −0.589% | $335K | $517K | 5x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3302 | −0.799% | $385K | $2.2M | 10x | as long as short |
| Phoenix STONK | +0.1073% | 1h | 0.3363 | +1.033% | $205K | $129K | 3x | as long as short |
| Bybit STONKUSDTshort | +0.1134% | 4h | 0.3303 | −0.781% | $1.5M | $6.5M | 5x | |
| BloFin STONK-USDTlong | +0.1512% | 4h | 0.3329 | long leg | $90K | $190K | 5x | |
| MEXC STONK_USDT | +0.3804% | 4h | 0.3312 | −0.520% | $699K | $1.0M | 20x | as long as short |
| Aster STONKUSDT | +0.4536% | 1h | 0.3315 | −0.414% | $482K | $1.1M | 10x | as long as short |
| BingX STONK-USDT | +0.4590% | 4h | 0.3298 | −0.931% | — | $919K | — | as long as short |
| Gate STONK_USDT | +0.4830% | 4h | 0.3306 | −0.697% | $916K | $2.1M | 10x | as long as short |
Lighter STONK
Bitget STONKUSDT
Phoenix STONK
MEXC STONK_USDT
Aster STONKUSDT
BingX STONK-USDT
Gate STONK_USDT