Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.106%
Price spread now: Bybit against Binance−0.280%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$759as in the Funding arb table
Net, price: spread back to 7d avg − costs−$815as in the Price arb table
costs, in and out, $10k−$7887.875% of the position
Funding, last 7 days+0.288%+$29 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.280%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.277% cheaper against Binance than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CLOUSDT | 0.06379 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $4.1M | $5.8M | 10x |
| Short | Bybit CLOUSDT | 0.06361 | 0.0100 | get 0.0050% / 4h | 1h 31m | $728K | $923K | 20x |
Binance CLOUSDT
Bybit CLOUSDTFunding 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: −0.280% → −0.003%
- −$27.71
- Slippage, 4 orders
- −$766.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$815.23
- Costs to cover
- 7.875%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 12 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, 14 min ago | 0.78 bp | 93.5 bp −$93 | 413.2 bp −$4,132 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 12 min ago | 10.90 bp | 264.3 bp −$264 | 745.9 bp −$7,459 | doesn't fit | doesn't fit |
CLO on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CLO-USDT | +0.0093% | 4h | 0.06380 | +0.018% | $255K | $72K | 10x | as long as short |
| Aster CLOUSDT | +0.0100% | 4h | 0.06390 | +0.168% | $31K | $97K | 5x | as long as short |
| Binance CLOUSDTlong | +0.0100% | 4h | 0.06379 | long leg | $4.1M | $5.8M | 10x | |
| Bybit CLOUSDTshort | +0.0100% | 4h | 0.06361 | −0.280% | $728K | $923K | 20x | |
| MEXC CLO_USDT | +0.0100% | 4h | 0.06350 | −0.453% | $564K | $160K | 50x | as long as short |
| KuCoin CLOUSDTM | +0.0100% | 4h | 0.06374 | −0.077% | $961K | $12.4M | 10x | as long as short |
| BingX CLO-USDT | +0.0100% | 4h | 0.06385 | +0.096% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06378 | −0.014% | $2K | $2.1M | 20x | as long as short |
| Gate CLO_USDT | +0.0626% | 8h | 0.06422 | +0.676% | $489K | $946K | 20x | as long as short |
BloFin CLO-USDT
Aster CLOUSDT
MEXC CLO_USDT
KuCoin CLOUSDTM
BingX CLO-USDT
SunX CLO-USDT
Gate CLO_USDT