Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against Binance+0.272%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3253.254% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.281%−$28 · spread now +0.272%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.231% dearer against Binance than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ACTUSDT | 0.01105 | 0.0100 | pay 0.0050% / 4h | 31m 39s | $2.1M | $2.3M | 10x |
| Short | Bybit ACTUSDT | 0.01107 | 0.0100 | get 0.0050% / 4h | 31m 39s | $625K | $438K | 25x |
Funding 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: +0.272% → +0.040%
- $23.11
- Slippage, 4 orders
- −$304.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$302.27
- Costs to cover
- 3.254%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 19 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, 3 min ago | 4.56 bp | 30.1 bp −$30 | 352.8 bp −$3,528 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 19 min ago | 5.04 bp | 127.6 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDTlong | +0.0100% | 4h | 0.01105 | long leg | $2.1M | $2.3M | 10x | |
| Bybit ACTUSDTshort | +0.0100% | 4h | 0.01107 | +0.272% | $625K | $438K | 25x | |
| Gate ACT_USDT | +0.0100% | 4h | 0.01105 | +0.045% | $159K | $94K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01104 | −0.036% | $6.4M | $113K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01105 | +0.045% | $267K | $92K | 10x | as long as short |
| BingX ACT-USDT | +0.0103% | 4h | 0.01106 | +0.118% | — | $1.3M | — | as long as short |
| OKX ACT-USDT-SWAP | +0.0158% | 4h | 0.01107 | +0.262% | $792K | $1.5M | 10x | as long as short |
Binance ACTUSDT
Bybit ACTUSDT
Gate ACT_USDT
MEXC ACT_USDT
Bitget ACTUSDT
BingX ACT-USDT
OKX ACT-USDT-SWAP