Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.9% APRnext payment +$1.41 per $10,000 · paid last 24h +0.124%
Price spread now: Binance against Bybit+0.222%7-day average +0.232% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$318as in the Price arb table
costs, in and out, $10k−$3173.169% of the position
Funding, last 7 days+0.353%+$35 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now +0.222%, 7d avg +0.232%
=The price spread sits at its 7-day average of +0.232%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BANUSDT | 0.06916 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $2.9M | $277K | 13x |
| Short | Binance BANUSDT | 0.06931 | 0.0382 | get 0.0191% / 4h | 3h 31m | $6.8M | $827K | 25x |
Bybit BANUSDT
Binance BANUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $59.29
- Price spread: +0.222% → +0.232%
- −$0.97
- Slippage, 4 orders
- −$295.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$258.55
- Costs to cover
- 3.169%
- Break-even
- 37.5 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 7 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 | 3.62 bp | 121.5 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.88 bp | 32.1 bp −$32 | 541.5 bp −$5,415 | doesn't fit | doesn't fit |
BAN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANUSDTlong | +0.0100% | 4h | 0.06916 | long leg | $2.9M | $277K | 13x | |
| Gate BAN_USDT | +0.0100% | 8h | 0.06914 | −0.029% | $1.2M | $52K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06907 | −0.130% | $312K | $16K | 20x | as long as short |
| Bitget BANUSDT | +0.0100% | 4h | 0.06927 | +0.159% | $1.1M | $63K | 25x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06909 | −0.097% | $16 | — | — | as long as short |
| Aster BANUSDT | +0.0240% | 4h | 0.06929 | +0.187% | $12K | $661 | 5x | as long as short |
| MEXC BAN_USDT | +0.0382% | 4h | 0.06925 | +0.130% | $8.3M | $155K | 100x | as long as short |
| Binance BANUSDTshort | +0.0382% | 4h | 0.06931 | +0.222% | $6.8M | $827K | 25x |
Gate BAN_USDT
KuCoin BANUSDTM
Bitget BANUSDT
Variational Omni BAN
Aster BANUSDT
MEXC BAN_USDT