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

BB

all BB 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 0.000%
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.134%+$13 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 0.053% 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BBUSDT0.0090740.0100pay 0.0050% / 4h1h 01m$686K$756K25x
ShortBinance BBUSDT0.0090610.0100get 0.0050% / 4h1h 01m$3.2M$6.6M50x

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: −0.143% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 13 min ago7.15 bp89.5 bp −$89477.1 bp −$4,771doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago3.87 bp40.4 bp −$40147.3 bp −$1,473doesn't fitdoesn't fit

BB on 9 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
Kraken Futures PF_BBUSD−0.1411%1h0.009050−0.264%$22K$1K10xas long as short
Aster BBUSDT+0.0100%4h0.009055−0.213%$13K$14K5xas long as short
Binance BBUSDTshort+0.0100%4h0.009061−0.143%$3.2M$6.6M50x
Bybit BBUSDTlong+0.0100%4h0.009074long leg$686K$756K25x
Gate BB_USDT+0.0100%4h0.009060−0.154%$130K$201K50xas long as short
MEXC BB_USDT+0.0100%4h0.009063−0.121%$1.5M$643K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.009060−0.154%$447K$79K50xas long as short
Bitget BBUSDT+0.0100%4h0.009060−0.154%$326K$435K50xas long as short
BingX BB-USDT+0.0100%4h0.009069−0.055%$1.3Mas long as short