Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.116%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$378as in the Price arb table
costs, in and out, $10k−$3713.708% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now −0.116%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.076% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CROSSUSDT | 0.1468 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $1.5M | $3.3M | 40x |
| Short | Bybit CROSSUSDT | 0.1466 | 0.0100 | get 0.0050% / 4h | 2h 40m | $670K | $716K | 20x |
Binance CROSSUSDT
Bybit CROSSUSDTFunding 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: −0.116% → −0.039%
- −$7.64
- Slippage, 4 orders
- −$349.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$378.48
- Costs to cover
- 3.708%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 43 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, 10 min ago | 3.77 bp | 39.7 bp −$40 | 162.4 bp −$1,624 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 min ago | 1.37 bp | 145.7 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
CROSS 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CROSSUSDTlong | +0.0100% | 4h | 0.1468 | long leg | $1.5M | $3.3M | 40x | |
| Bybit CROSSUSDTshort | +0.0100% | 4h | 0.1466 | −0.116% | $670K | $716K | 20x | |
| Gate CROSS_USDT | +0.0100% | 4h | 0.1462 | −0.354% | $182K | $48K | 20x | as long as short |
| MEXC CROSS_USDT | +0.0100% | 4h | 0.1468 | +0.020% | $303K | $161K | 100x | as long as short |
| KuCoin CROSSUSDTM | +0.0100% | 4h | 0.1463 | −0.313% | $270K | $32K | 20x | as long as short |
| Bitget CROSSUSDT | +0.0100% | 4h | 0.1464 | −0.259% | $1.2M | $219K | 20x | as long as short |
| BingX CROSS-USDT | +0.0100% | 4h | 0.1464 | −0.273% | — | $1.3M | — | as long as short |
| Variational Omni CROSS | +0.0100% | 4h | 0.1463 | −0.327% | $672 | $2K | — | as long as short |
Gate CROSS_USDT
MEXC CROSS_USDT
KuCoin CROSSUSDTM
Bitget CROSSUSDT
BingX CROSS-USDT
Variational Omni CROSS