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

BARD

all BARD markets
SwapBacktest
Alert: funding
Alert: spread
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: Binance against Bybit+0.033%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$310as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3243.236% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.138%+$14 on $10k
Price spread, last 7 days−0.158%−$16 · spread now +0.033%, 7d avg −0.070%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.104% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BARDUSDT0.13580.0100pay 0.0050% / 4h1h 55m$1.0M$307K25x
ShortBinance BARDUSDT0.13590.0100get 0.0050% / 4h1h 55m$2.2M$1.8M25x

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

Profit calculator

Funding earned
$0
Price spread: +0.033% → −0.070%
$10.36
Slippage, 4 orders
−$302.57
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$313.21
Costs to cover
3.236%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; Binance: live order book, 10 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 Bybit live order book, just now4.79 bp145.3 bp −$145doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago3.69 bp32.7 bp −$33208.4 bp −$2,084doesn't fitdoesn't fit

BARD on 12 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
BingX BARD-USDT+0.0070%4h0.1358−0.037%$6.5Mas long as short
Aster BARDUSDT+0.0100%4h0.1359+0.034%$18K$14K5xas long as short
Binance BARDUSDTshort+0.0100%4h0.1359+0.033%$2.2M$1.8M25x
Bybit BARDUSDTlong+0.0100%4h0.1358long leg$1.0M$307K25x
OKX BARD-USDT-SWAP+0.0100%4h0.1357−0.110%$714K$967K20xas long as short
Gate BARD_USDT+0.0100%4h0.1358−0.037%$192K$44K20xas long as short
MEXC BARD_USDT+0.0100%4h0.1358−0.037%$718K$143K50xas long as short
KuCoin BARDUSDTM+0.0100%4h0.1354−0.339%$96K$67K25xas long as short
Bitget BARDUSDT+0.0100%4h0.1359+0.037%$1.0M$174K20xas long as short
Variational Omni BARD+0.0100%4h0.1356−0.152%$12K$252as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BARD_USDT_Perp+0.0100%4h0.1355−0.284%$136K$532K10xas long as short
BloFin BARD-USDT+0.0118%4h0.1356−0.184%$120K$5K25xas long as short