Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h −0.012%
Price spread now: Binance against Bybit−0.018%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$3983.979% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.018%, 7d avg +0.065%
=Funding pays, the price is against you. Binance is 0.083% cheaper against Bybit than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.065%). If the spread goes back, that is −$8 on $10k: about 34 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.131% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BLUAIUSDT | 0.01138 | 0.1116 | pay 0.0558% / 4h | 2h 05m | $1.5M | $252K | 13x |
| Short | Binance BLUAIUSDT | 0.01138 | 0.1307 | get 0.0654% / 4h | 2h 05m | $5.9M | $1.1M | 10x |
Bybit BLUAIUSDT
Binance BLUAIUSDTFunding 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
- $40.25
- Price spread: −0.018% → +0.065%
- −$8.26
- Slippage, 4 orders
- −$376.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$365.86
- Costs to cover
- 3.979%
- Break-even
- 70.6 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 3 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, 1 min ago | 3.52 bp | 181.5 bp −$181 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.32 bp | 42.6 bp −$43 | 303.2 bp −$3,032 | doesn't fit | doesn't fit |
BLUAI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BLUAI_USDT | +0.0100% | 4h | 0.01143 | +0.413% | $463K | $69K | 10x | as long as short |
| SunX BLUAI-USDT | +0.0100% | 4h | 0.01139 | +0.097% | $2K | $998K | 20x | as long as short |
| KuCoin BLUAIUSDTM | +0.0324% | 4h | 0.01144 | +0.536% | $1.5M | $23K | 10x | as long as short |
| Bybit BLUAIUSDTlong | +0.1116% | 4h | 0.01138 | long leg | $1.5M | $252K | 13x | |
| BingX BLUAI-USDT | +0.1220% | 4h | 0.01138 | +0.018% | — | $6.5M | — | as long as short |
| MEXC BLUAI_USDT | +0.1304% | 4h | 0.01138 | +0.026% | $5.8M | $116K | 50x | as long as short |
| Binance BLUAIUSDTshort | +0.1307% | 4h | 0.01138 | −0.018% | $5.9M | $1.1M | 10x | |
| Aster BLUAIUSDT | +0.1461% | 4h | 0.01138 | +0.053% | $28K | $17K | 5x | as long as short |
Gate BLUAI_USDT
SunX BLUAI-USDT
KuCoin BLUAIUSDTM
BingX BLUAI-USDT
MEXC BLUAI_USDT
Aster BLUAIUSDT