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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BASEDUSDT | 0.06803 | 0.0100 | pay 0.0050% / 4h | 1h 24m | $4.2M | $2.9M | 25x |
| Short | Bybit BASEDUSDT | 0.06793 | 0.0100 | get 0.0050% / 4h | 1h 24m | $2.1M | $578K | 25x |
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 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: −0.147% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 12 min ago | 1.47 bp | 21.7 bp −$22 | 109.3 bp −$1,093 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.21 bp | 52.8 bp −$53 | 939.7 bp −$9,397 | doesn't fit | doesn't fit |
BASED on 15 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 BASED-USDT | +0.0094% | 4h | 0.06795 | −0.118% | $252K | $37K | 25x | as long as short |
| Binance BASEDUSDTlong | +0.0100% | 4h | 0.06803 | long leg | $4.2M | $2.9M | 25x | |
| Bybit BASEDUSDTshort | +0.0100% | 4h | 0.06793 | −0.147% | $2.1M | $578K | 25x | |
| OKX BASED-USDT-SWAP | +0.0100% | 4h | 0.06796 | −0.103% | $2.6M | $3.4M | 20x | as long as short |
| Gate BASED_USDT | +0.0100% | 4h | 0.06797 | −0.088% | $540K | $526K | 50x | as long as short |
| MEXC BASED_USDT | +0.0100% | 4h | 0.06805 | +0.029% | $4.8M | $646K | 50x | as long as short |
| KuCoin BASEDUSDTM | +0.0100% | 4h | 0.06787 | −0.235% | $569K | $108K | 20x | as long as short |
| Bitget BASEDUSDT | +0.0100% | 4h | 0.06803 | 0.000% | $1.3M | $363K | 25x | as long as short |
| BingX BASED-USDT | +0.0100% | 4h | 0.06796 | −0.103% | — | $1.7M | — | as long as short |
| Variational Omni BASED | +0.0100% | 4h | 0.06783 | −0.299% | $93K | $22K | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BASED_USDT_Perp | +0.0100% | 4h | 0.06732 | −1.042% | $97K | $354K | 10x | as long as short |
| SunX BASED-USDT | +0.0100% | 4h | 0.06801 | −0.029% | $1K | $802K | 20x | as long as short |
| Extended BASED-USD | +0.0104% | 1h | 0.06803 | −0.005% | $5K | $226K | 5x | as long as short |
| Aster BASEDUSDT | +0.0157% | 4h | 0.06799 | −0.057% | $29K | $6K | 5x | as long as short |
| Orderly PERP_BASED_USDC | +0.0346% | 4h | 0.06796 | −0.103% | $3K | $652 | 10x | as long as short |
Binance BASEDUSDT
Bybit BASEDUSDT
BloFin BASED-USDT
OKX BASED-USDT-SWAP
Gate BASED_USDT
MEXC BASED_USDT
KuCoin BASEDUSDTM
Bitget BASEDUSDT
BingX BASED-USDT
Variational Omni BASED
GRVT BASED_USDT_Perp
SunX BASED-USDT
Extended BASED-USD
Aster BASEDUSDT