Funding you earn now, next payment 00:00 UTC−0.1142%/8h= −125.0% APRnext payment −$5.71 per $10,000 · paid last 24h −0.284%
Price spread now: Bybit against Binance−0.187%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$930.934% of the position
Funding, last 7 days−1.768%−$177 on $10k
+Price spread, last 7 days+0.195%+$19 · spread now −0.187%, 7d avg −0.168%
=The price spread sits at its 7-day average of −0.168%, so right now this pair is about funding alone: −$34 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1054 | 0.1242 | pay 0.0621% / 4h | 11m 34s | $52.9M | $161.7M | 25x |
| Short | Bybit BRUSDT | 1.1034 | 0.0100 | get 0.0050% / 4h | 11m 34s | $10.7M | $25.8M | 5x |
Binance BRUSDT
Bybit BRUSDTFunding 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
- −$239.8
- Price spread: −0.187% → −0.168%
- −$1.84
- Slippage, 4 orders
- −$72.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$335.04
- Costs to cover
- 0.934%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 0.95 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.10 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1053 | −0.015% | — | $6.3M | — | as long as short |
| Bybit BRUSDTshort | +0.0100% | 4h | 1.1034 | −0.187% | $10.7M | $25.8M | 5x | |
| Gate BR_USDT | +0.0100% | 4h | 1.1037 | −0.157% | $7.4M | $8.8M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1094 | +0.358% | $261K | $289K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1065 | +0.095% | — | $707K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1084 | +0.265% | $84K | $243K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0174% | 4h | 1.1043 | −0.103% | $4.7M | $5.4M | 30x | as long as short |
| Aster BRUSDT | +0.0385% | 4h | 1.1044 | −0.096% | $688K | $2.9M | 5x | as long as short |
| Bitget BRUSDT | +0.0426% | 4h | 1.1045 | −0.087% | $8.0M | $12.5M | 10x | as long as short |
| MEXC BR_USDT | +0.1240% | 4h | 1.1044 | −0.097% | $15.2M | $7.6M | 100x | as long as short |
BingX BR-USDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Bitget BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDTlong | +0.1242% | 4h | 1.1054 | long leg | $52.9M | $161.7M | 25x |