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

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit0.000%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now 0.000%, 7d avg −0.046%
Together, before fees−0.064%−$6 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 0.046% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BIGTIMEUSDT0.0082890.0100pay 0.0050% / 4h30m 31s$676K$633K25x
ShortBinance BIGTIMEUSDT0.0082890.0100get 0.0050% / 4h30m 31s$1.8M$2.3M50x

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: 0.000% → −0.046%
$4.63
Slippage, 4 orders
−$94.29
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$110.66
Costs to cover
1.153%
Break-even
never at this rate
Slippage from Bybit: live order book, 20 min ago; Binance: live order book, 4 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, 20 min ago1.82 bp37.9 bp −$38217.3 bp −$2,173doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago3.63 bp21.6 bp −$2260.8 bp −$608doesn't fitdoesn't fit

BIGTIME on 12 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
BloFin BIGTIME-USDT+0.0058%4h0.008249−0.483%$92K$10K50xas long as short
Hyperliquid BIGTIME+0.0100%1h0.0082890.000%$126K$98K3xas long as short
Binance BIGTIMEUSDTshort+0.0100%4h0.0082890.000%$1.8M$2.3M50x
Bybit BIGTIMEUSDTlong+0.0100%4h0.008289long leg$676K$633K25x
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008282−0.084%$437K$381K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.008280−0.109%$61K$33K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008296+0.084%$458K$183K125xas long as short
KuCoin BIGTIMEUSDTM+0.0100%4h0.008276−0.157%$241K$28K20xas long as short
Bitget BIGTIMEUSDT+0.0100%4h0.008290+0.012%$582K$238K50xas long as short
BingX BIGTIME-USDT+0.0100%4h0.008286−0.036%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BIGTIME+0.0100%4h0.008282−0.090%$10K$1Kas long as short
Kraken Futures PF_BIGTIMEUSD+0.4876%1h0.008345+0.681%$8K$6K10xas long as short