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−0.196%7-day average +0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2632.627% of the position
Funding, last 7 days−0.498%−$50 on $10k
+Price spread, last 7 days+0.382%+$38 · spread now −0.196%, 7d avg +0.125%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.321% cheaper against Binance than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.125%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CUSDT | 0.08146 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $6.7M | $14.4M | 50x |
| Short | Bybit CUSDT | 0.08130 | 0.0100 | get 0.0050% / 4h | 3h 29m | $1.2M | $2.1M | 13x |
Binance CUSDT
Bybit CUSDTFunding 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: −0.196% → +0.125%
- −$32.12
- Slippage, 4 orders
- −$241.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$294.87
- Costs to cover
- 2.627%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bybit: 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 Binance live order book, 2 min ago | 0.62 bp | 34.6 bp −$35 | 218.8 bp −$2,188 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.68 bp | 100.7 bp −$101 | 443.6 bp −$4,436 | doesn't fit | doesn't fit |
C on 9 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 CUSDT | +0.0100% | 4h | 0.08128 | −0.220% | $44K | $110K | 5x | as long as short |
| Binance CUSDTlong | +0.0100% | 4h | 0.08146 | long leg | $6.7M | $14.4M | 50x | |
| Bybit CUSDTshort | +0.0100% | 4h | 0.08130 | −0.196% | $1.2M | $2.1M | 13x | |
| Gate C_USDT | +0.0100% | 4h | 0.08151 | +0.061% | $335K | $770K | 20x | as long as short |
| MEXC C_USDT | +0.0100% | 4h | 0.08148 | +0.025% | $243K | $209K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.08115 | −0.381% | $588K | $131K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.08130 | −0.196% | $441K | $1.1M | 20x | as long as short |
| BingX C-USDT | +0.0100% | 4h | 0.08154 | +0.098% | — | $2.4M | — | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.08154 | +0.103% | $339 | $13K | — | as long as short |
Aster CUSDT
Gate C_USDT
MEXC C_USDT
KuCoin CUSDTM
Bitget CUSDT
BingX C-USDT
Variational Omni C