Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Bybit+0.159%7-day average +0.291% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1281.278% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days+0.128%+$13 · spread now +0.159%, 7d avg +0.291%
Together, before fees+0.159%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.132% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.291%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.019780.0100pay 0.0100% / 8h5h 45m$4.2M$2.7M50x
ShortBinance DEEPUSDT0.019810.0100get 0.0050% / 4h1h 45m$2.1M$6.2M50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.159% → +0.291%
−$13.16
Slippage, 4 orders
−$106.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$140.97
Costs to cover
1.278%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago7.60 bp35.6 bp −$36348.8 bp −$3,488doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.51 bp30.1 bp −$30111.2 bp −$1,112doesn't fitdoesn't fit

DEEP on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERP−0.2379%1h0.01980+0.101%$81K$13K20xas long as short
BloFin DEEP-USDT+0.0096%8h0.01975−0.152%$138K$34K50xas long as short
Binance DEEPUSDTshort+0.0100%4h0.01981+0.159%$2.1M$6.2M50x
Bybit DEEPUSDTlong+0.0100%8h0.01978long leg$4.2M$2.7M50x
Gate DEEP_USDT+0.0100%4h0.01975−0.152%$305K$96K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01980+0.101%$1.1M$496K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01987+0.455%$1.8M$92K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01981+0.152%$818K$599K50xas long as short
BingX DEEP-USDT+0.0100%4h0.019780.000%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01975−0.144%$13K$9Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DEEP-USD+0.0104%1h0.01982+0.209%$4K$201K5xas long as short
Kraken Futures PF_DEEPUSD+3.3490%1h0.01991+0.641%$7K$7K10xas long as short