Funding you earn now, next payment 04:00 UTC+0.0264%/8h= +28.9% APRnext payment +$1.32 per $10,000 · paid last 24h +0.070%
Price spread now: Binance against Bybit+0.074%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2012.008% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.074%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.058% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.015%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CLANKERUSDT | 13.541 | 0.0142 | pay 0.0071% / 4h | 2h 05m | $601K | $1.1M | 20x |
| Short | Binance CLANKERUSDT | 13.551 | 0.0406 | get 0.0203% / 4h | 2h 05m | $1.8M | $5.8M | 25x |
Bybit CLANKERUSDT
Binance CLANKERUSDTFunding 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
- $55.35
- Price spread: +0.074% → +0.015%
- $5.84
- Slippage, 4 orders
- −$179.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$139.61
- Costs to cover
- 2.008%
- Break-even
- 24.7 days
Slippage from Bybit: live order book, 5 min ago; Binance: 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 Bybit live order book, 5 min ago | 7.36 bp | 51.6 bp −$52 | 280.8 bp −$2,808 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 3.69 bp | 57.0 bp −$57 | 213.4 bp −$2,134 | doesn't fit | doesn't fit |
CLANKER 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CLANKER-USDT | +0.0070% | 4h | 13.540 | −0.007% | — | $6.7M | — | as long as short |
| KuCoin CLANKERUSDTM | +0.0100% | 4h | 13.540 | −0.007% | $371K | $158K | 25x | as long as short |
| Bitget CLANKERUSDT | +0.0100% | 4h | 13.540 | −0.007% | $614K | $540K | 20x | as long as short |
| Gate CLANKER_USDT | +0.0128% | 4h | 13.540 | −0.007% | $123K | $170K | 25x | as long as short |
| Bybit CLANKERUSDTlong | +0.0142% | 4h | 13.541 | long leg | $601K | $1.1M | 20x | |
| Variational Omni CLANKER | +0.0210% | 4h | 13.537 | −0.032% | $27K | $33K | — | as long as short |
| Binance CLANKERUSDTshort | +0.0406% | 4h | 13.551 | +0.074% | $1.8M | $5.8M | 25x | |
| MEXC CLANKER_USDT | +0.0416% | 4h | 13.540 | −0.007% | $381K | $300K | 50x | as long as short |
| Aster CLANKERUSDT | +0.1162% | 4h | 13.541 | −0.002% | $15K | $33K | 5x | as long as short |
BingX CLANKER-USDT
KuCoin CLANKERUSDTM
Bitget CLANKERUSDT
Gate CLANKER_USDT
Variational Omni CLANKER
MEXC CLANKER_USDT
Aster CLANKERUSDT