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: Binance against Bybit−0.143%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2712.714% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.143%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.053% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BBUSDT | 0.009074 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $686K | $756K | 25x |
| Short | Binance BBUSDT | 0.009061 | 0.0100 | get 0.0050% / 4h | 1h 01m | $3.2M | $6.6M | 50x |
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 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: −0.143% → −0.090%
- −$5.34
- Slippage, 4 orders
- −$250.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$276.78
- Costs to cover
- 2.714%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 13 min ago; Binance: live order book, 7 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, 13 min ago | 7.15 bp | 89.5 bp −$89 | 477.1 bp −$4,771 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.87 bp | 40.4 bp −$40 | 147.3 bp −$1,473 | doesn't fit | doesn't fit |
BB on 9 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_BBUSD | −0.1411% | 1h | 0.009050 | −0.264% | $22K | $1K | 10x | as long as short |
| Aster BBUSDT | +0.0100% | 4h | 0.009055 | −0.213% | $13K | $14K | 5x | as long as short |
| Binance BBUSDTshort | +0.0100% | 4h | 0.009061 | −0.143% | $3.2M | $6.6M | 50x | |
| Bybit BBUSDTlong | +0.0100% | 4h | 0.009074 | long leg | $686K | $756K | 25x | |
| Gate BB_USDT | +0.0100% | 4h | 0.009060 | −0.154% | $130K | $201K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009063 | −0.121% | $1.5M | $643K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009060 | −0.154% | $447K | $79K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009060 | −0.154% | $326K | $435K | 50x | as long as short |
| BingX BB-USDT | +0.0100% | 4h | 0.009069 | −0.055% | — | $1.3M | — | as long as short |
Bybit BBUSDT
Binance BBUSDT
Kraken Futures PF_BBUSD
Aster BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT