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

EDU

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.175%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1551.550% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.175%, 7d avg +0.038%
Together, before fees−0.254%−$25 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 0.137% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EDUUSDT0.051300.0100pay 0.0100% / 8h6h 32m$514K$253K5x
ShortBinance EDUUSDT0.051390.0100get 0.0100% / 8h6h 32m$4.2M$1.9M50x

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: +0.175% → +0.038%
$13.74
Slippage, 4 orders
−$133.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$141.24
Costs to cover
1.550%
Break-even
never at this rate
Slippage from Bybit: live order book, 28 min ago; Binance: live order book, 5 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, 28 min ago5.89 bp42.6 bp −$43161.9 bp −$1,619doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago3.92 bp34.2 bp −$34130.2 bp −$1,302doesn't fitdoesn't fit

EDU on 8 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
Aster EDUUSDT+0.0100%8h0.05123−0.140%$2K$9K5xas long as short
Binance EDUUSDTshort+0.0100%8h0.05139+0.175%$4.2M$1.9M50x
Bybit EDUUSDTlong+0.0100%8h0.05130long leg$514K$253K5x
Gate EDU_USDT+0.0100%8h0.05109−0.409%$108K$20K50xas long as short
MEXC EDU_USDT+0.0100%8h0.05135+0.097%$3.5M$247K50xas long as short
BingX EDU-USDT+0.0100%8h0.05135+0.097%$2.3Mas long as short
Variational Omni EDU+0.0100%8h0.05115−0.298%$5K$27as long as short
KuCoin EDUUSDTM+0.0815%8h0.05122−0.156%$80K$32K30xas long as short