Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.041%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$2992.987% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.041%, 7d avg −0.032%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit C98USDT | 0.01624 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $862K | $332K | 25x |
| Short | Binance C98USDT | 0.01623 | 0.0100 | get 0.0100% / 8h | 2h 41m | $1.4M | $2.1M | 50x |
Bybit C98USDT
Binance C98USDTFunding 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
- $0
- Price spread: −0.041% → −0.032%
- −$0.9
- Slippage, 4 orders
- −$277.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$299.62
- Costs to cover
- 2.987%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 8 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 | 15.34 bp | 108.5 bp −$108 | 2150.8 bp −$21.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 6.11 bp | 36.3 bp −$36 | 139.4 bp −$1,394 | doesn't fit | doesn't fit |
C98 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_C98USD | −0.0025% | 1h | 0.01621 | −0.151% | $17K | $2K | 10x | as long as short |
| Binance C98USDTshort | +0.0100% | 8h | 0.01623 | −0.041% | $1.4M | $2.1M | 50x | |
| Bybit C98USDTlong | +0.0100% | 8h | 0.01624 | long leg | $862K | $332K | 25x | |
| Gate C98_USDT | +0.0100% | 8h | 0.01630 | +0.382% | $105K | $47K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01622 | −0.111% | $280K | $105K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01628 | +0.259% | $198K | $39K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01622 | −0.111% | $190K | $353K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01630 | +0.395% | $8K | $202 | — | as long as short |
| BloFin C98-USDT | +0.0103% | 8h | 0.01628 | +0.259% | $131K | $18K | 50x | as long as short |
Kraken Futures PF_C98USD
Gate C98_USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98
BloFin C98-USDT