Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.7% APRnext payment +$0.76 per $10,000 · paid last 24h +0.064%
Price spread now: Binance against Bybit+0.290%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$391as in the Funding arb table
Net, price: spread back to 7d avg − costs−$386as in the Price arb table
costs, in and out, $10k−$4054.055% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days−0.299%−$30 · spread now +0.290%, 7d avg +0.094%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.197% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.01989 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $2.6M | $2.0M | 5x |
| Short | Binance 4USDT | 0.01995 | 0.0252 | get 0.0126% / 4h | 2h 40m | $7.8M | $13.3M | 20x |
Bybit 4USDT
Binance 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $31.95
- Price spread: +0.290% → +0.094%
- $19.66
- Slippage, 4 orders
- −$384.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$353.85
- Costs to cover
- 4.055%
- Break-even
- 84.5 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 15 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, 1 min ago | 7.23 bp | 185.3 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.99 bp | 28.4 bp −$28 | 160.5 bp −$1,605 | doesn't fit | doesn't fit |
4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDTlong | +0.0100% | 4h | 0.01989 | long leg | $2.6M | $2.0M | 5x | |
| Variational Omni 4 | +0.0100% | 4h | 0.02001 | +0.622% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02001 | +0.603% | $2K | $1.4M | 20x | as long as short |
| Gate 4_USDT | +0.0104% | 4h | 0.02008 | +0.935% | $534K | $298K | 20x | as long as short |
| Aster 4USDT | +0.0190% | 4h | 0.02000 | +0.537% | $237K | $112K | 5x | as long as short |
| MEXC 4_USDT | +0.0236% | 4h | 0.02000 | +0.553% | $1.6M | $904K | 100x | as long as short |
| BingX 4-USDT | +0.0248% | 4h | 0.01996 | +0.357% | — | $1.4M | — | as long as short |
| Binance 4USDTshort | +0.0252% | 4h | 0.01995 | +0.290% | $7.8M | $13.3M | 20x | |
| KuCoin 4USDTM | +0.0552% | 4h | 0.01999 | +0.503% | $889K | $12.4M | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Gate 4_USDT
Aster 4USDT
MEXC 4_USDT
BingX 4-USDT
KuCoin 4USDTM