Funding you earn now, next payment 12:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.037%
Price spread now: BloFin against Bybit+0.202%82s7-day average +0.250% · you sell dearer than you buy
Net, funding: paid 7d − costs−$236as 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−$2742.743% of the position
Funding, last 7 days+0.386%+$39 on $10k
+Price spread, last 4 days (all we have)+0.412%+$41 · spread now +0.202%, 7d avg +0.250%
=Funding pays, the price is against you. BloFin is 0.048% cheaper against Bybit than usual: you would sell low and buy high (spread +0.202% now, against its 7-day average of +0.250%). If the spread goes back, that is −$5 on $10k: about 12 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.386% in total) that is about 21 hours. The two prices were read 82 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 TAUSDT | 0.05448 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $2.0M | $185K | 5x |
| Short | BloFin TA-USDT | 0.05459 | 0.0114 | get 0.0057% / 4h | 3h 31m | $398K | $5K | 10x |
Bybit TAUSDT
BloFin TA-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
- $2.85
- Price spread: +0.202% → +0.250%
- −$4.8
- Slippage, 4 orders
- −$251.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$276.26
- Costs to cover
- 2.743%
- Break-even
- 685.1 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 44 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 | 4.59 bp | 127.8 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 2.73 bp | 65.4 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
TA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TAUSDT | +0.0100% | 4h | 0.05457 | +0.171% | $18K | $4K | 5x | as long as short |
| Binance TAUSDT | +0.0100% | 4h | 0.05462 | +0.250% | $6.5M | $1.1M | 10x | as long as short |
| Bybit TAUSDTlong | +0.0100% | 4h | 0.05448 | long leg | $2.0M | $185K | 5x | |
| Gate TA_USDT | +0.0100% | 4h | 0.05458 | +0.184% | $2.0M | $58K | 20x | as long as short |
| MEXC TA_USDT | +0.0100% | 4h | 0.05460 | +0.220% | $157K | $87K | 50x | as long as short |
| KuCoin TAUSDTM | +0.0100% | 4h | 0.05448 | 0.000% | $184K | $21K | 10x | as long as short |
| BingX TA-USDT | +0.0100% | 4h | 0.05454 | +0.110% | — | $2.3M | — | as long as short |
| Variational Omni TA | +0.0100% | 4h | 0.05445 | −0.053% | $16K | $1 | — | as long as short |
| BloFin TA-USDTshort | +0.0114% | 4h | 0.05459 | +0.202% | $398K | $5K | 10x |
Aster TAUSDT
Binance TAUSDT
Gate TA_USDT
MEXC TA_USDT
KuCoin TAUSDTM
BingX TA-USDT
Variational Omni TA