Funding you earn now, next payment 03:00 UTC−0.3043%/8h= −333.2% APRpaid last 24h −1.115%
Price spread now: Binance against Bybit+0.582%7-day average −0.343% · you sell dearer than you buy
Net, funding: paid 7d − costs−$333as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 7 days−2.326%−$233 on $10k
+Price spread, last 7 days−2.124%−$212 · spread now +0.582%, 7d avg −0.343%
=The price spread pays, funding is against you. Binance is 0.925% dearer against Bybit than usual: you sell high and buy low (spread +0.582% now, against its 7-day average of −0.343%): +$93 on $10k if it goes back. Holding the pair costs −$91 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−2.326% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CVCUSDT | 0.02749 | 0.3143 | pay 0.0393% / 1h | 17m 08s | $1.7M | $1.6M | 25x |
| Short | Binance CVCUSDT | 0.02765 | 0.0100 | get 0.0050% / 4h | 1h 17m | $3.0M | $5.7M | 50x |
Bybit CVCUSDT
Binance CVCUSDTFunding 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
- −$639.11
- Price spread: +0.582% → −0.343%
- $92.53
- Slippage, 4 orders
- −$79.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$647.34
- Costs to cover
- 1.008%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 6 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, 4 min ago | 3.64 bp | 30.1 bp −$30 | 309.2 bp −$3,092 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.82 bp | 17.6 bp −$18 | 69.7 bp −$697 | doesn't fit | doesn't fit |
CVC 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 CVCUSDTshort | +0.0100% | 4h | 0.02765 | +0.582% | $3.0M | $5.7M | 50x | |
| Gate CVC_USDT | +0.0100% | 4h | 0.02763 | +0.509% | $218K | $313K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02764 | +0.546% | $661K | $132K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02765 | +0.582% | $452K | $464K | 50x | as long as short |
| KuCoin CVCUSDTM | +0.0216% | 4h | 0.02768 | +0.691% | $1.4M | $416K | 30x | as long as short |
| Variational Omni CVC | +0.0493% | 1h | 0.02743 | −0.219% | $1K | $370 | — | as long as short |
| BingX CVC-USDT | +0.0872% | 4h | 0.02759 | +0.364% | — | $2.4M | — | as long as short |
| Bybit CVCUSDTlong | +0.3143% | 1h | 0.02749 | long leg | $1.7M | $1.6M | 25x |
Gate CVC_USDT
MEXC CVC_USDT
Bitget CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC
BingX CVC-USDT