Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against Bybit+0.504%7-day average +0.274% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2172.172% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.504%, 7d avg +0.274%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.230% dearer against Bybit than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.274%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CARVUSDT | 0.04565 | 0.0100 | pay 0.0050% / 4h | 2m 15s | $1.1M | $2.2M | 20x |
| Short | Binance CARVUSDT | 0.04588 | 0.0100 | get 0.0050% / 4h | 2m 15s | $1.9M | $8.9M | 50x |
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
- $0
- Price spread: +0.504% → +0.274%
- $22.99
- Slippage, 4 orders
- −$196.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$194.21
- Costs to cover
- 2.172%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 33 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, 5 min ago | 9.85 bp | 53.8 bp −$54 | 479.7 bp −$4,797 | doesn't fit | doesn't fit |
| Sell Binance live order book, 33 min ago | 4.44 bp | 50.4 bp −$50 | 240.5 bp −$2,405 | doesn't fit | doesn't fit |
CARV on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CARV | −0.0043% | 4h | 0.04566 | +0.026% | $507 | $2K | — | as long as short |
| Binance CARVUSDTshort | +0.0100% | 4h | 0.04588 | +0.504% | $1.9M | $8.9M | 50x | |
| Bybit CARVUSDTlong | +0.0100% | 4h | 0.04565 | long leg | $1.1M | $2.2M | 20x | |
| Gate CARV_USDT | +0.0100% | 4h | 0.04577 | +0.263% | $122K | $125K | 20x | as long as short |
| MEXC CARV_USDT | +0.0100% | 4h | 0.04587 | +0.482% | $160K | $197K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04575 | +0.219% | $181K | $45K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04583 | +0.394% | $791K | $816K | 25x | as long as short |
| BingX CARV-USDT | +0.0800% | 4h | 0.04581 | +0.350% | — | $1.3M | — | as long as short |
Bybit CARVUSDT
Binance CARVUSDT
Variational Omni CARV
Gate CARV_USDT
MEXC CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT
BingX CARV-USDT