Settings8H · net · $10k
Funding arb · Price arb /

CARV

all CARV markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.206%−$21 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CARVUSDT0.045650.0100pay 0.0050% / 4h2m 15s$1.1M$2.2M20x
ShortBinance CARVUSDT0.045880.0100get 0.0050% / 4h2m 15s$1.9M$8.9M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago9.85 bp53.8 bp −$54479.7 bp −$4,797doesn't fitdoesn't fit
Sell Binance live order book, 33 min ago4.44 bp50.4 bp −$50240.5 bp −$2,405doesn't fitdoesn't fit

CARV on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CARV−0.0043%4h0.04566+0.026%$507$2Kas long as short
Binance CARVUSDTshort+0.0100%4h0.04588+0.504%$1.9M$8.9M50x
Bybit CARVUSDTlong+0.0100%4h0.04565long leg$1.1M$2.2M20x
Gate CARV_USDT+0.0100%4h0.04577+0.263%$122K$125K20xas long as short
MEXC CARV_USDT+0.0100%4h0.04587+0.482%$160K$197K20xas long as short
KuCoin CARVUSDTM+0.0100%4h0.04575+0.219%$181K$45K20xas long as short
Bitget CARVUSDT+0.0100%4h0.04583+0.394%$791K$816K25xas long as short
BingX CARV-USDT+0.0800%4h0.04581+0.350%$1.3Mas long as short