Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: Bybit against Binance+0.098%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3263.255% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now +0.098%, 7d avg +0.070%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BARDUSDT | 0.1356 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $2.2M | $1.8M | 25x |
| Short | Bybit BARDUSDT | 0.1357 | 0.0100 | get 0.0050% / 4h | 2h 41m | $1.0M | $307K | 25x |
Binance BARDUSDT
Bybit BARDUSDTFunding 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
- $0
- Price spread: +0.098% → +0.070%
- $2.78
- Slippage, 4 orders
- −$304.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$322.72
- Costs to cover
- 3.255%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 4 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 | 3.68 bp | 33.8 bp −$34 | 267.8 bp −$2,678 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 8.11 bp | 97.9 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BARD-USDT | +0.0046% | 4h | 0.1358 | +0.150% | $121K | $5K | 25x | as long as short |
| BingX BARD-USDT | +0.0070% | 4h | 0.1356 | +0.002% | — | $6.5M | — | as long as short |
| Aster BARDUSDT | +0.0100% | 4h | 0.1357 | +0.111% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDTlong | +0.0100% | 4h | 0.1356 | long leg | $2.2M | $1.8M | 25x | |
| Bybit BARDUSDTshort | +0.0100% | 4h | 0.1357 | +0.098% | $1.0M | $307K | 25x | |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1356 | +0.002% | $713K | $974K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1357 | +0.076% | $192K | $45K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1357 | +0.076% | $717K | $141K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1357 | +0.061% | $96K | $67K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1357 | +0.076% | $1.0M | $173K | 20x | as long as short |
BloFin BARD-USDT
BingX BARD-USDT
Aster BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BARD | +0.0100% | 4h | 0.1358 | +0.176% | $12K | $252 | — | as long as short |
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1357 | +0.071% | $144K | $572K | 10x | as long as short |
Variational Omni BARD
GRVT BARD_USDT_Perp