ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1897%/8h= +207.8% APRnext payment +$9.49 per $10,000 · paid last 24h +0.203%

Price spread now: Binance against Bybit+0.019%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$203as in the Funding arb table

Net, price: spread back to 7d avg − costs−$248as in the Price arb table

costs, in and out, $10k−$2382.376% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.347%+$35 on $10k

Price spread, last 7 days−0.001%$0 · spread now +0.019%, 7d avg +0.121%

Together, before fees+0.347%+$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.102% cheaper against Bybit than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.121%). If the spread goes back, that is −$10 on $10k: about 4 hours of funding at the current rate (+$57 a day). At the pace of the last 7 days (+0.347% in total) that is about 2.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.347% in total (about 18.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ALCHUSDT	0.05218	0.0100	pay 0.0050% / 4h	7m 12s	$3.3M	$5.2M	20x
Short	Binance ALCHUSDT	0.05219	0.1997	get 0.0999% / 4h	7m 12s	$6.3M	$24.3M	10x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.019%Rate

Funding earned: $398.47
Price spread: +0.019% → +0.121%: −$10.2
Slippage, 4 orders: −$216.64
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: $150.63
Costs to cover: 2.376%
Break-even: 4.4 days

Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 4 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	1.92 bp	76.8 bp −$77	366.2 bp −$3,662	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	2.88 bp	43.0 bp −$43	252.2 bp −$2,522	doesn't fit	doesn't fit

ALCH 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
BingX ALCH-USDT	+0.0070%	4h	0.05219	+0.019%	—	$6.7M	—	as long as short
Bybit ALCHUSDTlong	+0.0100%	4h	0.05218	long leg	$3.3M	$5.2M	20x
Gate ALCH_USDT	+0.0100%	4h	0.05221	+0.057%	$281K	$622K	20x	as long as short
Bitget ALCHUSDT	+0.0100%	4h	0.05223	+0.096%	$978K	$1.4M	10x	as long as short
Variational Omni ALCH	+0.0100%	4h	0.05188	−0.580%	$3K	$17K	—	as long as short
Aster ALCHUSDT	+0.1486%	4h	0.05225	+0.134%	$11K	$67K	5x	as long as short
KuCoin ALCHUSDTM	+0.1678%	4h	0.05213	−0.096%	$1.3M	$242K	10x	as long as short
BloFin ALCH-USDT	+0.1953%	4h	0.05228	+0.192%	$438K	$105K	10x	as long as short
MEXC ALCH_USDT	+0.1982%	4h	0.05233	+0.287%	$5.2M	$2.2M	100x	as long as short
Binance ALCHUSDTshort	+0.1997%	4h	0.05219	+0.019%	$6.3M	$24.3M	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ALCHUSD	+0.2958%	1h	0.05157	−1.168%	$9K	$29K	10x	as long as short