Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.065%
Price spread now: Bybit against Binance−0.100%7-day average −0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1481.484% of the position
Funding, last 7 days−0.325%−$32 on $10k
+Price spread, last 7 days−0.187%−$19 · spread now −0.100%, 7d avg −0.160%
=The price spread pays, funding is against you. Bybit is 0.060% dearer against Binance than usual: you sell high and buy low (spread −0.100% now, against its 7-day average of −0.160%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.325% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance B2USDT | 0.5008 | 0.0117 | pay 0.0059% / 4h | 2h 00m | $8.2M | $10.1M | 50x |
| Short | Bybit B2USDT | 0.5003 | 0.0100 | get 0.0050% / 4h | 2h 00m | $1.6M | $2.0M | 20x |
Binance B2USDT
Bybit B2USDTFunding 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
- −$3.57
- Price spread: −0.100% → −0.160%
- $6.02
- Slippage, 4 orders
- −$127.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$146
- Costs to cover
- 1.484%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 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, 9 min ago | 4.98 bp | 29.8 bp −$30 | 310.2 bp −$3,102 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.99 bp | 42.3 bp −$42 | 286.7 bp −$2,867 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDTshort | +0.0100% | 4h | 0.5003 | −0.100% | $1.6M | $2.0M | 20x | |
| Bitget B2USDT | +0.0114% | 4h | 0.4999 | −0.180% | $2.8M | $878K | 50x | as long as short |
| MEXC B2_USDT | +0.0116% | 4h | 0.5008 | 0.000% | $544K | $365K | 100x | as long as short |
| Binance B2USDTlong | +0.0117% | 4h | 0.5008 | long leg | $8.2M | $10.1M | 50x | |
| BingX B2-USDT | +0.0162% | 4h | 0.5010 | +0.040% | — | $1.4M | — | as long as short |
| Aster B2USDT | +0.0361% | 4h | 0.5004 | −0.086% | $156K | $171K | 5x | as long as short |
| Variational Omni B2 | +0.0408% | 4h | 0.5004 | −0.078% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.0702% | 4h | 0.5010 | +0.040% | $997K | $303K | 50x | as long as short |
| Gate B2_USDT | +0.1184% | 4h | 0.5009 | +0.020% | $909K | $409K | 20x | as long as short |
Bitget B2USDT
MEXC B2_USDT
BingX B2-USDT
Aster B2USDT
Variational Omni B2
KuCoin B2USDTM
Gate B2_USDT