Funding you earn now, next payment 00:00 UTC−0.0296%/8h= −32.4% APRnext payment −$1.48 per $10,000 · paid last 24h −0.089%
Price spread now: Bybit against Binance−0.112%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2122.120% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.112%, 7d avg −0.117%
=The price spread sits at its 7-day average of −0.117%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ACUUSDT | 0.1206 | 0.0454 | pay 0.0227% / 4h | 2h 38m | $2.5M | $1.3M | 10x |
| Short | Bybit ACUUSDT | 0.1205 | 0.0158 | get 0.0079% / 4h | 2h 38m | $830K | $552K | 13x |
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
- −$62.13
- Price spread: −0.112% → −0.117%
- $0.47
- Slippage, 4 orders
- −$190.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$273.61
- Costs to cover
- 2.120%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 46 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, 12 min ago | 2.91 bp | 43.3 bp −$43 | 242.5 bp −$2,425 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 46 min ago | 3.75 bp | 60.0 bp −$60 | 628.5 bp −$6,285 | doesn't fit | doesn't fit |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1205 | −0.137% | $220K | $275K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1206 | −0.021% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1202 | −0.319% | $556K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1204 | −0.195% | $2K | $1.1M | 20x | as long as short |
| Bybit ACUUSDTshort | +0.0158% | 4h | 0.1205 | −0.112% | $830K | $552K | 13x | |
| Aster ACUUSDT | +0.0254% | 4h | 0.1205 | −0.099% | $2K | $5K | 5x | as long as short |
| BloFin ACU-USDT | +0.0449% | 4h | 0.1206 | −0.013% | $119K | $59K | 10x | as long as short |
| Binance ACUUSDTlong | +0.0454% | 4h | 0.1206 | long leg | $2.5M | $1.3M | 10x | |
| MEXC ACU_USDT | +0.0462% | 4h | 0.1206 | −0.021% | $13.7M | $344K | 50x | as long as short |
| Bitget ACUUSDT | +0.0572% | 4h | 0.1211 | +0.352% | $254K | $237K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACU-USDT | +0.0582% | 4h | 0.1207 | +0.054% | — | $1.3M | — | as long as short |
Binance ACUUSDT
Bybit ACUUSDT
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
BloFin ACU-USDT
MEXC ACU_USDT
Bitget ACUUSDT
BingX ACU-USDT