Funding you earn now, next payment 04:00 UTC−0.0213%/8h= −23.3% APRnext payment −$1.06 per $10,000 · paid last 24h −0.090%
Price spread now: Bybit against Binance+0.138%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,005as in the Funding arb table
Net, price: spread back to 7d avg − costs−$964as in the Price arb table
costs, in and out, $10k−$9849.842% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.138%, 7d avg −0.060%
=The price spread pays, funding is against you. Bybit is 0.198% dearer against Binance than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of −0.060%): +$20 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.206% in total) that is about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOSUSDT | 0.2174 | 0.0475 | pay 0.0237% / 4h | 1h 20m | $2.2M | $2.5M | 20x |
| Short | Bybit DOSUSDT | 0.2177 | 0.0262 | get 0.0131% / 4h | 1h 20m | $849K | $173K | 20x |
Binance DOSUSDT
Bybit DOSUSDTFunding 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
- −$44.64
- Price spread: +0.138% → −0.060%
- $19.79
- Slippage, 4 orders
- −$963.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,009
- Costs to cover
- 9.842%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 40 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, 15 min ago | 2.31 bp | 24.9 bp −$25 | 218.5 bp −$2,185 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 2.31 bp | 520.5 bp −$520 | doesn't fit | doesn't fit | doesn't fit |
DOS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2173 | −0.046% | $177K | $164K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2172 | −0.106% | $297K | $890K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2175 | +0.023% | $208K | $297K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2174 | 0.000% | $15K | $369K | 10x | as long as short |
| Bybit DOSUSDTshort | +0.0262% | 4h | 0.2177 | +0.138% | $849K | $173K | 20x | |
| OKX DOS-USDT-SWAP | +0.0397% | 4h | 0.2174 | 0.000% | $1.2M | $2.1M | 20x | as long as short |
| BingX DOS-USDT | +0.0444% | 4h | 0.2175 | +0.046% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0472% | 4h | 0.2174 | 0.000% | $471K | $164K | 20x | as long as short |
| Binance DOSUSDTlong | +0.0475% | 4h | 0.2174 | long leg | $2.2M | $2.5M | 20x | |
| BloFin DOS-USDT | +0.0478% | 4h | 0.2178 | +0.184% | $113K | $22K | 20x | as long as short |
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
BingX DOS-USDT
MEXC DOS_USDT
BloFin DOS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0760% | 4h | 0.2172 | −0.109% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT