Funding you earn now, next payment 04:00 UTC+0.1188%/8h= +130.0% APRnext payment +$5.94 per $10,000 · paid last 24h +0.077%
Price spread now: BloFin against Bybit−0.160%7-day average +0.031% · 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−$189as in the Price arb table
costs, in and out, $10k−$1701.695% of the position
Funding, last 4 days (all we have)+0.096%+$10 on $10k
+Price spread, last 3 days (all we have)−0.112%−$11 · spread now −0.160%, 7d avg +0.031%
=Funding pays, the price is against you. BloFin is 0.191% cheaper against Bybit than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.031%). If the spread goes back, that is −$19 on $10k: about 13 hours of funding at the current rate (+$36 a day). At the pace of the last 4 days (+0.096% in total) that is about 7.1 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.096% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.94 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 | Bybit STONKUSDT | 0.3753 | 0.2463 | pay 0.1232% / 4h | 3h 03m | $1.7M | $6.9M | 5x |
| Short | BloFin STONK-USDT | 0.3747 | 0.3651 | get 0.1825% / 4h | 3h 03m | $90K | $243K | 5x |
Bybit STONKUSDT
BloFin STONK-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
- $249.41
- Price spread: −0.160% → +0.031%
- −$19.06
- Slippage, 4 orders
- −$146.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $60.82
- Costs to cover
- 1.695%
- Break-even
- 5.3 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 63 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, 5 min ago | 5.32 bp | 43.0 bp −$43 | 157.3 bp −$1,573 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 2.75 bp | 41.7 bp −$42 | 158.1 bp −$1,581 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0224% | 4h | 0.3748 | −0.139% | $384K | $2.7M | 10x | as long as short |
| MEXC STONK_USDT | +0.0230% | 4h | 0.3749 | −0.115% | $885K | $1.1M | 20x | as long as short |
| Phoenix STONK | +0.2129% | 1h | 0.3761 | +0.221% | $210K | $244K | 3x | as long as short |
| Bybit STONKUSDTlong | +0.2463% | 4h | 0.3753 | long leg | $1.7M | $6.9M | 5x | |
| Gate STONK_USDT | +0.2566% | 4h | 0.3766 | +0.344% | $939K | $1.8M | 10x | as long as short |
| BingX STONK-USDT | +0.3604% | 4h | 0.3751 | −0.053% | — | $929K | — | as long as short |
| BloFin STONK-USDTshort | +0.3651% | 4h | 0.3747 | −0.160% | $90K | $243K | 5x | |
| Aster STONKUSDT | +0.7152% | 1h | 0.3756 | +0.080% | $520K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.7944% | 1h | 0.3767 | +0.368% | $454K | $586K | 5x | as long as short |
Bitget STONKUSDT
MEXC STONK_USDT
Phoenix STONK
Gate STONK_USDT
BingX STONK-USDT
Aster STONKUSDT
Lighter STONK