Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.096%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1651.651% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.096%, 7d avg −0.079%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BATUSDT | 0.08321 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $1.1M | $483K | 25x |
| Short | Binance BATUSDT | 0.08313 | 0.0100 | get 0.0100% / 8h | 2h 40m | $1.9M | $2.1M | 50x |
Bybit BATUSDT
Binance BATUSDTFunding 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: −0.096% → −0.079%
- −$1.76
- Slippage, 4 orders
- −$144.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$166.83
- Costs to cover
- 1.651%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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, 5 min ago | 1.79 bp | 62.5 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.60 bp | 24.2 bp −$24 | 126.8 bp −$1,268 | doesn't fit | doesn't fit |
BAT on 11 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_BATUSD | −0.0294% | 1h | 0.08331 | +0.124% | $114K | $7K | 10x | as long as short |
| Binance BATUSDTshort | +0.0100% | 8h | 0.08313 | −0.096% | $1.9M | $2.1M | 50x | |
| Bybit BATUSDTlong | +0.0100% | 8h | 0.08321 | long leg | $1.1M | $483K | 25x | |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08314 | −0.084% | $523K | $412K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08332 | +0.132% | $81K | $28K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08319 | −0.024% | $783K | $637K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08330 | +0.108% | $258K | $63K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08324 | +0.036% | $675K | $173K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08314 | −0.084% | — | $1.3M | — | as long as short |
| Variational Omni BAT | +0.0100% | 8h | 0.08327 | +0.074% | $114K | $78 | — | as long as short |
Kraken Futures PF_BATUSD
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
BingX BAT-USDT
Variational Omni BATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BAT-USDT | +0.0116% | 8h | 0.08326 | +0.060% | $99K | $33K | 50x | as long as short |
BloFin BAT-USDT