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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EDUUSDT | 0.05130 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $514K | $253K | 5x |
| Short | Binance EDUUSDT | 0.05139 | 0.0100 | get 0.0100% / 8h | 6h 32m | $4.2M | $1.9M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 28 min ago | 5.89 bp | 42.6 bp −$43 | 161.9 bp −$1,619 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.92 bp | 34.2 bp −$34 | 130.2 bp −$1,302 | doesn't fit | doesn't fit |
EDU 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EDUUSDT | +0.0100% | 8h | 0.05123 | −0.140% | $2K | $9K | 5x | as long as short |
| Binance EDUUSDTshort | +0.0100% | 8h | 0.05139 | +0.175% | $4.2M | $1.9M | 50x | |
| Bybit EDUUSDTlong | +0.0100% | 8h | 0.05130 | long leg | $514K | $253K | 5x | |
| Gate EDU_USDT | +0.0100% | 8h | 0.05109 | −0.409% | $108K | $20K | 50x | as long as short |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05135 | +0.097% | $3.5M | $247K | 50x | as long as short |
| BingX EDU-USDT | +0.0100% | 8h | 0.05135 | +0.097% | — | $2.3M | — | as long as short |
| Variational Omni EDU | +0.0100% | 8h | 0.05115 | −0.298% | $5K | $27 | — | as long as short |
| KuCoin EDUUSDTM | +0.0815% | 8h | 0.05122 | −0.156% | $80K | $32K | 30x | as long as short |
Bybit EDUUSDT
Binance EDUUSDT
Aster EDUUSDT
Gate EDU_USDT
MEXC EDU_USDT
BingX EDU-USDT
Variational Omni EDU
KuCoin EDUUSDTM