Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.047%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3013.006% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.047%, 7d avg −0.083%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BANDUSDT | 0.2144 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $299K | $184K | 20x |
| Short | Binance BANDUSDT | 0.2143 | 0.0100 | get 0.0100% / 8h | 7h 38m | $1.3M | $1.6M | 50x |
Bybit BANDUSDT
Binance BANDUSDTFunding 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
- $0
- Price spread: −0.047% → −0.083%
- $3.61
- Slippage, 4 orders
- −$279.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$296.98
- Costs to cover
- 3.006%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 50 min ago; Binance: live order book, 9 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, 50 min ago | 9.36 bp | 112.4 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 4.66 bp | 46.4 bp −$46 | 186.2 bp −$1,862 | doesn't fit | doesn't fit |
BAND on 10 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_BANDUSD | −0.2241% | 1h | 0.2140 | −0.206% | $20K | $1K | 10x | as long as short |
| BloFin BAND-USDT | +0.0099% | 8h | 0.2138 | −0.280% | $74K | $7K | 50x | as long as short |
| Binance BANDUSDTshort | +0.0100% | 8h | 0.2143 | −0.047% | $1.3M | $1.6M | 50x | |
| Bybit BANDUSDTlong | +0.0100% | 8h | 0.2144 | long leg | $299K | $184K | 20x | |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2141 | −0.140% | $229K | $407K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2144 | 0.000% | $198K | $62K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2142 | −0.093% | $354K | $150K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2143 | −0.047% | $747K | $56K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2142 | −0.093% | $798K | $104K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2145 | +0.053% | $7K | $963 | — | as long as short |
Kraken Futures PF_BANDUSD
BloFin BAND-USDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND