Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against BloFin−0.115%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.115% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 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 NOW-USDT | 139.56 | 0.0196 | pay 0.0196% / 8h | 1h 18m | $46K | $18K | 20x |
| Short | Bybit NOWUSDT | 139.40 | 0.0165 | get 0.0165% / 8h | 1h 18m | $1.6M | $892K | 25x |
Funding 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
- −$6.57
- Price spread: −0.115% → 0.000%
- −$11.46
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$41.04
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 2.51 bp | 19.8 bp −$20 | 166.7 bp −$1,667 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NOW on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 139.56 | 0.000% | $497K | $248K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 139.30 | −0.186% | $1.1M | $1.5M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 139.46 | −0.072% | $253K | $348K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 139.33 | −0.165% | $769K | $260K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 139.50 | −0.043% | $1K | $339K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 139.60 | +0.029% | $5K | $36K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 139.37 | −0.136% | $5K | $171 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +0.172% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 139.35 | −0.150% | — | — | 25x | as long as short |
| Aster NOWUSDT | +0.0051% | 8h | 139.69 | +0.094% | $41K | $859 | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 139.34 | −0.158% | $317K | $639K | 20x | as long as short |
| tradeXYZ xyz:NOW | +0.0159% | 1h | 139.31 | −0.179% | $2.1M | $234K | 10x | as long as short |
| Bybit NOWUSDTshort | +0.0165% | 8h | 139.40 | −0.115% | $1.6M | $892K | 25x | |
| Binance NOWUSDT | +0.0173% | 8h | 139.48 | −0.057% | $1.8M | $1.5M | 20x | as long as short |
| BloFin NOW-USDTlong | +0.0196% | 8h | 139.56 | long leg | $46K | $18K | 20x | |
| GRVT NOW_USDT_Perp | +0.0253% | 8h | 139.37 | −0.135% | $333 | $142K | 10x | as long as short |
BloFin NOW-USDT
Bybit NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Aster NOWUSDT
KuCoin NOWUSDTM
tradeXYZ xyz:NOW
Binance NOWUSDT
GRVT NOW_USDT_Perp