Funding you earn now, next payment 04:00 UTC+0.0244%/8h= +26.7% APRnext payment +$1.22 per $10,000 · paid last 24h +0.225%
Price spread now: Binance against Bybit+0.007%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$873as in the Funding arb table
Net, price: spread back to 7d avg − costs−$935as in the Price arb table
costs, in and out, $10k−$9319.309% of the position
Funding, last 7 days+0.578%+$58 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.007%, 7d avg +0.049%
=Funding pays, the price is against you. Binance is 0.042% cheaper against Bybit than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.049%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CTRUSDT | 0.01189 | 0.0100 | pay 0.0050% / 4h | 6m 41s | $249K | $129K | 20x |
| Short | Binance CTRUSDT | 0.01189 | 0.0344 | get 0.0172% / 4h | 6m 41s | $2.2M | $814K | 20x |
Bybit CTRUSDT
Binance CTRUSDTFunding 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
- $51.25
- Price spread: +0.007% → +0.049%
- −$4.22
- Slippage, 4 orders
- −$909.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$883.86
- Costs to cover
- 9.309%
- Break-even
- 127.7 days
Slippage from Bybit: live order book, 34 min ago; Binance: live order book, 13 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, 34 min ago | 5.46 bp | 387.6 bp −$388 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.68 bp | 40.3 bp −$40 | 363.6 bp −$3,636 | doesn't fit | doesn't fit |
CTR 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01187 | −0.168% | $10K | $329 | 3x | as long as short |
| Bybit CTRUSDTlong | +0.0100% | 4h | 0.01189 | long leg | $249K | $129K | 20x | |
| Gate CTR_USDT | +0.0100% | 4h | 0.01190 | +0.084% | $114K | $14K | 20x | as long as short |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01186 | −0.252% | $278K | $355K | 20x | as long as short |
| MEXC CTR_USDT | +0.0344% | 4h | 0.01189 | −0.008% | $608K | $145K | 20x | as long as short |
| Binance CTRUSDTshort | +0.0344% | 4h | 0.01189 | +0.007% | $2.2M | $814K | 20x | |
| Bitget CTRUSDT | +0.0584% | 4h | 0.01188 | −0.084% | $542K | $58K | 20x | as long as short |
| Aster CTRUSDT | +0.0645% | 4h | 0.01188 | −0.091% | $9K | $8K | 5x | as long as short |
Lighter CTR
Gate CTR_USDT
KuCoin CTRUSDTM
MEXC CTR_USDT
Bitget CTRUSDT
Aster CTRUSDT