Funding you earn now, next payment 04:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.90 per $10,000 · paid last 24h +0.056%
Price spread now: Binance against Bybit+0.100%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$498as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5145.144% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now +0.100%, 7d avg +0.158%
=Funding pays, the price is against you. Binance is 0.058% cheaper against Bybit than usual: you would sell low and buy high (spread +0.100% now, against its 7-day average of +0.158%). If the spread goes back, that is −$6 on $10k: about 26 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.163% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BSBUSDT | 0.1060 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $2.9M | $843K | 25x |
| Short | Binance BSBUSDT | 0.1061 | 0.0281 | get 0.0140% / 4h | 3h 41m | $6.1M | $3.5M | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.96
- Price spread: +0.100% → +0.158%
- −$5.8
- Slippage, 4 orders
- −$493.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$482.2
- Costs to cover
- 5.144%
- Break-even
- 95.9 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 12 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 | 6.13 bp | 267.9 bp −$268 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.36 bp | 27.4 bp −$27 | 246.2 bp −$2,462 | doesn't fit | doesn't fit |
BSB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSBUSDTlong | +0.0100% | 4h | 0.1060 | long leg | $2.9M | $843K | 25x | |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1061 | +0.066% | $1.2M | $2.0M | 10x | as long as short |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1061 | +0.038% | $500K | $121K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1061 | +0.019% | $3.4M | $857K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1058 | −0.251% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1063 | +0.236% | $1K | $908K | 10x | as long as short |
| BloFin BSB-USDT | +0.0243% | 4h | 0.1062 | +0.141% | $272K | $41K | 10x | as long as short |
| Extended BSB-USD | +0.0272% | 1h | 0.1061 | +0.011% | $4K | $238K | 5x | as long as short |
| MEXC BSB_USDT | +0.0272% | 4h | 0.1062 | +0.113% | $1.1M | $156K | 50x | as long as short |
| BingX BSB-USDT | +0.0272% | 4h | 0.1061 | +0.047% | — | $1.8M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BSBUSDTshort | +0.0281% | 4h | 0.1061 | +0.100% | $6.1M | $3.5M | 10x | |
| Aster BSBUSDT | +0.0294% | 4h | 0.1060 | −0.045% | $29K | $18K | 5x | as long as short |
| Gate BSB_USDT | +0.0512% | 4h | 0.1060 | −0.019% | $629K | $123K | 20x | as long as short |
Bybit BSBUSDT
Binance BSBUSDT
OKX BSB-USDT-SWAP
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
BloFin BSB-USDT
Extended BSB-USD
MEXC BSB_USDT
BingX BSB-USDT
Aster BSBUSDT
Gate BSB_USDT