Funding you earn now, next payment 00:00 UTC+0.1134%/8h= +124.2% APRnext payment +$5.67 per $10,000 · paid last 24h +0.284%
Price spread now: Binance against Bybit+0.193%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs+$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as 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−0.202%−$20 · spread now +0.193%, 7d avg +0.168%
=Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Binance is 0.025% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.168%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BRUSDT | 1.1036 | 0.0100 | pay 0.0050% / 4h | 9m 50s | $10.7M | $25.8M | 5x |
| Short | Binance BRUSDT | 1.1057 | 0.1234 | get 0.0617% / 4h | 9m 50s | $53.0M | $161.7M | 25x |
Bybit BRUSDT
Binance BRUSDTFunding 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
- $238.16
- Price spread: +0.193% → +0.168%
- $2.5
- Slippage, 4 orders
- −$72.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $147.27
- Costs to cover
- 0.934%
- Break-even
- 2.7 days
Slippage from Bybit: live order book, 4 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, 4 min ago | 4.10 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.95 bp | 16.6 bp −$17 | 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 | 1.1051 | +0.141% | — | $6.3M | — | as long as short |
| Bybit BRUSDTlong | +0.0100% | 4h | 1.1036 | long leg | $10.7M | $25.8M | 5x | |
| Gate BR_USDT | +0.0100% | 4h | 1.1038 | +0.026% | $7.4M | $8.8M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1043 | +0.070% | $263K | $292K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1057 | +0.198% | — | $708K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1081 | +0.415% | $84K | $244K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0164% | 4h | 1.1045 | +0.086% | $4.7M | $5.4M | 30x | as long as short |
| Aster BRUSDT | +0.0389% | 4h | 1.1044 | +0.074% | $685K | $2.9M | 5x | as long as short |
| Bitget BRUSDT | +0.0426% | 4h | 1.1045 | +0.091% | $8.0M | $12.5M | 10x | as long as short |
| Binance BRUSDTshort | +0.1234% | 4h | 1.1057 | +0.193% | $53.0M | $161.7M | 25x |
BingX BR-USDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Bitget BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1240% | 4h | 1.1053 | +0.158% | $15.2M | $7.6M | 100x | as long as short |
MEXC BR_USDT