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

BASED

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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 0.000%
Price spread now: Bybit against Binance−0.147%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1651.647% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 7 days−0.046%−$5 · spread now −0.147%, 7d avg −0.146%
Together, before fees−0.091%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BASEDUSDT0.068030.0100pay 0.0050% / 4h1h 24m$4.2M$2.9M25x
ShortBybit BASEDUSDT0.067930.0100get 0.0050% / 4h1h 24m$2.1M$578K25x

Funding 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 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: −0.147% → −0.146%
−$0.07
Slippage, 4 orders
−$143.68
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$164.75
Costs to cover
1.647%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 2 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 Binance live order book, 12 min ago1.47 bp21.7 bp −$22109.3 bp −$1,093doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.21 bp52.8 bp −$53939.7 bp −$9,397doesn't fitdoesn't fit

BASED on 15 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
BloFin BASED-USDT+0.0094%4h0.06795−0.118%$252K$37K25xas long as short
Binance BASEDUSDTlong+0.0100%4h0.06803long leg$4.2M$2.9M25x
Bybit BASEDUSDTshort+0.0100%4h0.06793−0.147%$2.1M$578K25x
OKX BASED-USDT-SWAP+0.0100%4h0.06796−0.103%$2.6M$3.4M20xas long as short
Gate BASED_USDT+0.0100%4h0.06797−0.088%$540K$526K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06805+0.029%$4.8M$646K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06787−0.235%$569K$108K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.068030.000%$1.3M$363K25xas long as short
BingX BASED-USDT+0.0100%4h0.06796−0.103%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06783−0.299%$93K$22Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06732−1.042%$97K$354K10xas long as short
SunX BASED-USDT+0.0100%4h0.06801−0.029%$1K$802K20xas long as short
Extended BASED-USD+0.0104%1h0.06803−0.005%$5K$226K5xas long as short
Aster BASEDUSDT+0.0157%4h0.06799−0.057%$29K$6K5xas long as short
Orderly PERP_BASED_USDC+0.0346%4h0.06796−0.103%$3K$65210xas long as short