Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.154%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1301.302% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now −0.154%, 7d avg −0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.074% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AUSDT | 0.09300 | 0.0100 | pay 0.0050% / 4h | 55m 57s | $2.9M | $3.1M | 75x |
| Short | Bybit AUSDT | 0.09286 | 0.0100 | get 0.0050% / 4h | 55m 57s | $3.2M | $964K | 50x |
Binance AUSDT
Bybit AUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.154% → −0.079%
- −$7.4
- Slippage, 4 orders
- −$109.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$137.65
- Costs to cover
- 1.302%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 1 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 Binance live order book, 10 min ago | 3.77 bp | 27.6 bp −$28 | 121.7 bp −$1,217 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.85 bp | 46.5 bp −$47 | 618.7 bp −$6,187 | doesn't fit | doesn't fit |
A on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −3.820% | $1K | $5 | 5.5x | as long as short |
| BloFin A-USDT | +0.0074% | 4h | 0.09292 | −0.089% | $150K | $7K | 75x | as long as short |
| Binance AUSDTlong | +0.0100% | 4h | 0.09300 | long leg | $2.9M | $3.1M | 75x | |
| Bybit AUSDTshort | +0.0100% | 4h | 0.09286 | −0.154% | $3.2M | $964K | 50x | |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09306 | +0.062% | $733K | $488K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09284 | −0.175% | $217K | $66K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09300 | −0.003% | $4.0M | $135K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09299 | −0.014% | $681K | $49K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09300 | −0.003% | $909K | $182K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09296 | −0.046% | — | $6.5M | — | as long as short |
Injective A/USDC PERP
BloFin A-USDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni A | +0.0100% | 4h | 0.09285 | −0.165% | $1K | $1 | — | as long as short |
Variational Omni A