Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.106%
Price spread now: Binance against Bybit−0.154%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$744as in the Funding arb table
Net, price: spread back to 7d avg − costs−$731as in the Price arb table
costs, in and out, $10k−$7167.157% of the position
Funding, last 7 days−0.288%−$29 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.154%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.152% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CLOUSDT | 0.06810 | 0.0100 | pay 0.0050% / 4h | 23m 39s | $766K | $900K | 20x |
| Short | Binance CLOUSDT | 0.06800 | 0.0100 | get 0.0050% / 4h | 23m 39s | $4.4M | $5.5M | 10x |
Bybit CLOUSDT
Binance CLOUSDTFunding 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: −0.154% → −0.002%
- −$15.2
- Slippage, 4 orders
- −$694.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$730.85
- Costs to cover
- 7.157%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 11 min ago; Binance: live order book, 14 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, 11 min ago | 11.24 bp | 320.2 bp −$320 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 3.00 bp | 57.6 bp −$58 | 334.0 bp −$3,340 | doesn't fit | doesn't fit |
CLO 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CLOUSDTM | +0.0022% | 4h | 0.06793 | −0.250% | $1.0M | $11.8M | 10x | as long as short |
| Binance CLOUSDTshort | +0.0100% | 4h | 0.06800 | −0.154% | $4.4M | $5.5M | 10x | |
| Bybit CLOUSDTlong | +0.0100% | 4h | 0.06810 | long leg | $766K | $900K | 20x | |
| MEXC CLO_USDT | +0.0100% | 4h | 0.06800 | −0.147% | $587K | $141K | 50x | as long as short |
| BingX CLO-USDT | +0.0100% | 4h | 0.06803 | −0.103% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06826 | +0.235% | $2K | $1.9M | 20x | as long as short |
| BloFin CLO-USDT | +0.0154% | 4h | 0.06728 | −1.204% | $258K | $84K | 10x | as long as short |
| Gate CLO_USDT | +0.0372% | 8h | 0.06810 | 0.000% | $471K | $824K | 20x | as long as short |
| Aster CLOUSDT | +0.0581% | 4h | 0.06816 | +0.087% | $33K | $89K | 5x | as long as short |
KuCoin CLOUSDTM
MEXC CLO_USDT
BingX CLO-USDT
SunX CLO-USDT
BloFin CLO-USDT
Gate CLO_USDT
Aster CLOUSDT