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

BEL

All BEL markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceBELUSDT
0.09312+0.0074pay 0.0074% / 8h2h 03m$1.1M$1.0M10xLong Binance
SHORT
BybitBELUSDT
0.09310−0.0043pay 0.0043% / 8h2h 03m$200K$64K10xShort Bybit
Price gap−0.021%
Funding gap−0.0118% /8h

Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.096% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1−0.0118% /8h now · paid +0.010% over the last 7D
Price−$10spread −0.021% now, avg +0.074% → −0.096% if it goes back
Costs−$2242.238% of $10k · taker + slippage, in and out
Result−$232−2.32%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.021%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BEL on 7 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size31.1 / 74.9 bp
    At $10k entering Bybit costs 74.9 bp, fee and slippage, 2.4× Binance’s.
  • Note: Margin at max leverage$1,000 + $1,000
    Binance 10x, Bybit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$3.53Long Binance: 3 payments, −$2.23; short Bybit: 3 payments, −$1.30.
  • Watch: Gap narrower than usual−0.021% vs +0.074%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$200K vs $1.1M OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · Bybit Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0005%/8h × 21 periods+$1.01
Price spread−0.021% → +0.074% (7d avg)−$9.57
Slippage, 4 orderslive order books−$202.77
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$232.33
Costs to cover2.238%Break-even1623.6 days
Slippage: Binance: live order book, 1 min ago; Bybit: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance3.7631.1 bp−$31426.5 bp−$4,265doesn’t fitdoesn’t fit
SELL · SHORTBybit8.6674.9 bp−$75doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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