Funding you earn now, next payment 08:00 UTC−0.0594%/8h= −65.1% APRnext payment −$2.97 per $10,000 · paid last 24h −0.098%
Price spread now: Bybit against Binance+0.084%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,089as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,074as in the Price arb table
costs, in and out, $10k−$1,07910.791% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.084%, 7d avg +0.034%
=The price spread pays, funding is against you. Bybit is 0.050% dearer against Binance than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.034%): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.098% in total) that is about 3.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.97 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 | Binance ASRUSDT | 0.8727 | 0.0696 | pay 0.0348% / 4h | 1h 42m | $1.9M | $825K | 10x |
| Short | Bybit ASRUSDT | 0.8734 | 0.0102 | get 0.0051% / 4h | 1h 42m | $142K | $82K | 25x |
Binance ASRUSDT
Bybit ASRUSDTFunding 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
- −$124.77
- Price spread: +0.084% → +0.034%
- $5.05
- Slippage, 4 orders
- −$1,058.07
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,198.8
- Costs to cover
- 10.791%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 47 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, 6 min ago | 2.87 bp | 32.6 bp −$33 | 744.0 bp −$7,440 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 47 min ago | 6.33 bp | 324.7 bp −$325 | doesn't fit | doesn't fit | doesn't fit |
ASR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8710 | −0.191% | $30K | $7K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8720 | −0.076% | $188K | $44K | 10x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8740 | +0.153% | $197K | $72K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8724 | −0.025% | $4K | $6K | — | as long as short |
| Bybit ASRUSDTshort | +0.0102% | 4h | 0.8734 | +0.084% | $142K | $82K | 25x | |
| BingX ASR-USDT | +0.0670% | 4h | 0.8736 | +0.107% | — | $1.2M | — | as long as short |
| MEXC ASR_USDT | +0.0694% | 4h | 0.8727 | +0.004% | $644K | $94K | 50x | as long as short |
| Binance ASRUSDTlong | +0.0696% | 4h | 0.8727 | long leg | $1.9M | $825K | 10x |
Gate ASR_USDT
KuCoin ASRUSDTM
Bitget ASRUSDT
Variational Omni ASR
BingX ASR-USDT
MEXC ASR_USDT