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: Binance against Bybit+0.054%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1511.515% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 7 days+0.004%$0 · spread now +0.054%, 7d avg +0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.026% cheaper against Bybit than usual: you would sell low and buy high, −$3 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 | Bybit AUSDT | 0.09321 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $3.2M | $1.0M | 50x |
| Short | Binance AUSDT | 0.09326 | 0.0100 | get 0.0050% / 4h | 2h 33m | $2.9M | $3.3M | 75x |
Funding 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
- $0
- Price spread: +0.054% → +0.079%
- −$2.56
- Slippage, 4 orders
- −$130.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$154.04
- Costs to cover
- 1.515%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 3 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, 4 min ago | 3.76 bp | 55.1 bp −$55 | 1374.3 bp −$13.7K | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 3.21 bp | 28.2 bp −$28 | 106.2 bp −$1,062 | doesn't fit | doesn't fit |
A on 10 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 | −4.034% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDTshort | +0.0100% | 4h | 0.09326 | +0.054% | $2.9M | $3.3M | 75x | |
| Bybit AUSDTlong | +0.0100% | 4h | 0.09321 | long leg | $3.2M | $1.0M | 50x | |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09334 | +0.139% | $728K | $530K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09334 | +0.139% | $218K | $68K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09330 | +0.097% | $4.0M | $141K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09347 | +0.279% | $685K | $53K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09341 | +0.215% | $919K | $246K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09340 | +0.204% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09329 | +0.081% | $1K | $1 | — | as long as short |
Bybit AUSDT
Binance AUSDT
Injective A/USDC PERP
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni A