Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.059%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2092.095% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.059%, 7d avg +0.055%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ERAUSDT | 0.06760 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $771K | $820K | 25x |
| Short | Binance ERAUSDT | 0.06764 | 0.0100 | get 0.0050% / 4h | 2h 07m | $2.1M | $4.5M | 25x |
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: +0.059% → +0.055%
- $0.46
- Slippage, 4 orders
- −$188.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$208.99
- Costs to cover
- 2.095%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 57 min ago; Binance: live order book, 15 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, 57 min ago | 4.43 bp | 80.8 bp −$81 | 608.6 bp −$6,086 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.21 bp | 25.6 bp −$26 | 153.2 bp −$1,532 | doesn't fit | doesn't fit |
ERA on 9 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 ERAUSDT | +0.0100% | 4h | 0.06764 | +0.054% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDTshort | +0.0100% | 4h | 0.06764 | +0.059% | $2.1M | $4.5M | 25x | |
| Bybit ERAUSDTlong | +0.0100% | 4h | 0.06760 | long leg | $771K | $820K | 25x | |
| Gate ERA_USDT | +0.0100% | 4h | 0.06759 | −0.015% | $148K | $692K | 25x | as long as short |
| MEXC ERA_USDT | +0.0100% | 4h | 0.06771 | +0.163% | $531K | $151K | 20x | as long as short |
| KuCoin ERAUSDTM | +0.0100% | 4h | 0.06758 | −0.030% | $138K | $68K | 25x | as long as short |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06762 | +0.030% | $810K | $243K | 25x | as long as short |
| BingX ERA-USDT | +0.0100% | 4h | 0.06763 | +0.044% | — | $6.5M | — | as long as short |
| Variational Omni ERA | +0.0100% | 4h | 0.06749 | −0.158% | $10K | $594 | — | as long as short |
Bybit ERAUSDT
Binance ERAUSDT
Aster ERAUSDT
Gate ERA_USDT
MEXC ERA_USDT
KuCoin ERAUSDTM
Bitget ERAUSDT
BingX ERA-USDT
Variational Omni ERA