Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%
Price spread now: Bybit against Binance−0.068%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.068%, 7d avg −0.084%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARUSDT | 4.2030 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $8.3M | $51.7M | 75x |
| Short | Bybit ARUSDT | 4.2002 | 0.0100 | get 0.0100% / 8h | 2h 31m | $4.2M | $9.1M | 75x |
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: −0.068% → −0.084%
- $1.67
- Slippage, 4 orders
- −$68.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$87.94
- Costs to cover
- 0.896%
- 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 | 2.32 bp | 14.4 bp −$14 | 57.7 bp −$577 | 429.3 bp −$42.9K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.19 bp | 22.2 bp −$22 | 82.5 bp −$825 | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.0921% | 1h | 4.1834 | −0.467% | $52K | $178K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0550% | 1h | 4.1987 | −0.103% | $539K | — | 50x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.2061 | +0.073% | $3.4M | $4.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.2034 | +0.009% | $37K | $460K | 10x | as long as short |
| Binance ARUSDTlong | +0.0100% | 8h | 4.2030 | long leg | $8.3M | $51.7M | 75x | |
| Bybit ARUSDTshort | +0.0100% | 8h | 4.2002 | −0.068% | $4.2M | $9.1M | 75x | |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.1980 | −0.120% | $2.1M | $16.8M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.1960 | −0.167% | $2.3M | $2.6M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.2040 | +0.023% | $5.7M | $4.3M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.1980 | −0.120% | $1.1M | $1.3M | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARUSDT | +0.0100% | 8h | 4.2000 | −0.072% | $3.7M | $5.4M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.2020 | −0.025% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.2158 | +0.305% | $236K | $626K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.2150 | +0.285% | $20K | $718K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.2009 | −0.051% | $35K | $245K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.1980 | −0.120% | $413K | $456K | 20x | as long as short |
| Injective AR/USDC PERP | +0.0666% | 1h | 4.4240 | +5.257% | $2K | $5K | 5.5x | as long as short |
Binance ARUSDT
Bybit ARUSDT
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Hyperliquid AR
Aster ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT
Injective AR/USDC PERP