Settings8H · net · $10k
Funding arb · Price arb /

AT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0161%/8h= +17.7% APRnext payment +$0.81 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.058%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$454as in the Funding arb table
Net, price: spread back to 7d avg − costs−$455as in the Price arb table
costs, in and out, $10k−$4564.563% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now +0.058%, 7d avg +0.041%
Together, before fees+0.188%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ATUSDT0.16050.0100pay 0.0050% / 4h1h 17m$8.8M$3.4M50x
ShortBybit ATUSDT0.16050.0261get 0.0131% / 4h1h 17m$512K$956K25x

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

Profit calculator

Funding earned
$33.89
Price spread: +0.058% → +0.041%
$1.7
Slippage, 4 orders
−$435.33
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$420.74
Costs to cover
4.563%
Break-even
93.9 days
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago3.12 bp40.3 bp −$40304.1 bp −$3,041doesn't fitdoesn't fit
Sell Bybit live order book, 42 min ago7.44 bp214.5 bp −$215doesn't fitdoesn't fitdoesn't fit

AT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATUSDTlong+0.0100%4h0.1605long leg$8.8M$3.4M50x
Gate AT_USDT+0.0100%4h0.1605+0.040%$160K$193K20xas long as short
MEXC AT_USDT+0.0100%4h0.1604−0.035%$215K$164K50xas long as short
KuCoin ATUSDTM+0.0100%4h0.1600−0.285%$277K$146K50xas long as short
Bitget ATUSDT+0.0100%4h0.1602−0.160%$704K$158K50xas long as short
OKX AT-USDT-SWAP+0.0100%4h0.1609+0.276%$224K$516K20xas long as short
BloFin AT-USDT+0.0151%4h0.1607+0.152%$377K$8K50xas long as short
Aster ATUSDT+0.0196%4h0.1605+0.020%$32K$12K5xas long as short
BingX AT-USDT+0.0236%4h0.1605+0.027%$6.5Mas long as short
Bybit ATUSDTshort+0.0261%4h0.1605+0.058%$512K$956K25x