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+0.036%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$970.974% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.035%+$4 · spread now +0.036%, 7d avg +0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BIGTIMEUSDT | 0.008312 | 0.0100 | pay 0.0050% / 4h | 35m 06s | $1.8M | $2.2M | 50x |
| Short | Bybit BIGTIMEUSDT | 0.008315 | 0.0100 | get 0.0050% / 4h | 35m 06s | $667K | $567K | 25x |
Binance BIGTIMEUSDT
Bybit BIGTIMEUSDTFunding 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: +0.036% → +0.048%
- −$1.16
- Slippage, 4 orders
- −$76.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$98.55
- Costs to cover
- 0.974%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 35 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, 14 min ago | 3.00 bp | 25.2 bp −$25 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 35 min ago | 2.42 bp | 28.9 bp −$29 | 52.0 bp −$520 | doesn't fit | doesn't fit |
BIGTIME on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BIGTIME | +0.0100% | 1h | 0.008319 | +0.084% | $126K | $95K | 3x | as long as short |
| Binance BIGTIMEUSDTlong | +0.0100% | 4h | 0.008312 | long leg | $1.8M | $2.2M | 50x | |
| Bybit BIGTIMEUSDTshort | +0.0100% | 4h | 0.008315 | +0.036% | $667K | $567K | 25x | |
| OKX BIGTIME-USDT-SWAP | +0.0100% | 4h | 0.008309 | −0.036% | $440K | $402K | 10x | as long as short |
| Gate BIGTIME_USDT | +0.0100% | 4h | 0.008309 | −0.036% | $60K | $30K | 50x | as long as short |
| MEXC BIGTIME_USDT | +0.0100% | 4h | 0.008312 | 0.000% | $458K | $195K | 125x | as long as short |
| KuCoin BIGTIMEUSDTM | +0.0100% | 4h | 0.008305 | −0.084% | $244K | $31K | 20x | as long as short |
| Bitget BIGTIMEUSDT | +0.0100% | 4h | 0.008321 | +0.108% | $571K | $221K | 50x | as long as short |
| BingX BIGTIME-USDT | +0.0100% | 4h | 0.008310 | −0.024% | — | $2.4M | — | as long as short |
| Variational Omni BIGTIME | +0.0100% | 4h | 0.008311 | −0.018% | $10K | $1K | — | as long as short |
Hyperliquid BIGTIME
OKX BIGTIME-USDT-SWAP
Gate BIGTIME_USDT
MEXC BIGTIME_USDT
KuCoin BIGTIMEUSDTM
Bitget BIGTIMEUSDT
BingX BIGTIME-USDT
Variational Omni BIGTIMEShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BIGTIME-USDT | +0.0147% | 4h | 0.008312 | 0.000% | $93K | $10K | 50x | as long as short |
| Kraken Futures PF_BIGTIMEUSD | +0.0166% | 1h | 0.008311 | −0.017% | $7K | $4K | 10x | as long as short |
BloFin BIGTIME-USDT
Kraken Futures PF_BIGTIMEUSD