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+0.135%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2402.403% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.135%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.091% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BREVUSDT | 0.08443 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.6M | $1.3M | 50x |
| Short | Bybit BREVUSDT | 0.08454 | 0.0100 | get 0.0050% / 4h | 1h 17m | $502K | $143K | 50x |
Binance BREVUSDT
Bybit BREVUSDTFunding 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: +0.135% → +0.044%
- $9.14
- Slippage, 4 orders
- −$219.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$231.18
- Costs to cover
- 2.403%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Bybit: live order book, 57 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, 16 min ago | 3.55 bp | 26.0 bp −$26 | 183.7 bp −$1,837 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 57 min ago | 1.77 bp | 109.5 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
BREV 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BREVUSDT | +0.0100% | 4h | 0.08444 | +0.019% | $14K | $2K | 5x | as long as short |
| Binance BREVUSDTlong | +0.0100% | 4h | 0.08443 | long leg | $1.6M | $1.3M | 50x | |
| Bybit BREVUSDTshort | +0.0100% | 4h | 0.08454 | +0.135% | $502K | $143K | 50x | |
| OKX BREV-USDT-SWAP | +0.0100% | 4h | 0.08442 | −0.007% | $505K | $300K | 20x | as long as short |
| Gate BREV_USDT | +0.0100% | 8h | 0.08440 | −0.031% | $47K | $22K | 50x | as long as short |
| MEXC BREV_USDT | +0.0100% | 4h | 0.08442 | −0.007% | $3.5M | $179K | 20x | as long as short |
| KuCoin BREVUSDTM | +0.0100% | 4h | 0.08450 | +0.088% | $426K | $46K | 50x | as long as short |
| Bitget BREVUSDT | +0.0100% | 4h | 0.08441 | −0.019% | $430K | $71K | 20x | as long as short |
| BingX BREV-USDT | +0.0100% | 4h | 0.08445 | +0.029% | — | $2.3M | — | as long as short |
| Variational Omni BREV | +0.0100% | 4h | 0.08454 | +0.140% | $165 | $105 | — | as long as short |
Aster BREVUSDT
OKX BREV-USDT-SWAP
Gate BREV_USDT
MEXC BREV_USDT
KuCoin BREVUSDTM
Bitget BREVUSDT
BingX BREV-USDT
Variational Omni BREVShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BREV-USDT | +0.0100% | 4h | 0.08440 | −0.031% | $1K | $807K | 20x | as long as short |
SunX BREV-USDT