Funding you earn now, next payment 08:00 UTC+0.1573%/8h= +172.3% APRnext payment +$7.87 per $10,000 · paid last 24h +0.096%
Price spread now: Binance against Bybit+0.003%7-day average −0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
Funding, last 7 days+0.743%+$74 on $10k
+Price spread, last 7 days−0.171%−$17 · spread now +0.003%, 7d avg −0.124%
=Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and Binance is 0.128% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.124%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.743% in total (about 38.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ESPORTSUSDT | 0.01029 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $1.8M | $1.2M | 10x |
| Short | Binance ESPORTSUSDT | 0.01029 | 0.1673 | get 0.0837% / 4h | 1h 36m | $5.8M | $4.7M | 10x |
Bybit ESPORTSUSDT
Binance ESPORTSUSDTFunding 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
- $330.42
- Price spread: +0.003% → −0.124%
- $12.77
- Slippage, 4 orders
- −$125.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $197.04
- Costs to cover
- 1.462%
- Break-even
- 2.8 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 2 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, 5 min ago | 9.68 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 4.85 bp | 30.9 bp −$31 | 212.8 bp −$2,128 | doesn't fit | doesn't fit |
ESPORTS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPORTSUSDTlong | +0.0100% | 4h | 0.01029 | long leg | $1.8M | $1.2M | 10x | |
| KuCoin ESPORTSUSDTM | +0.0100% | 4h | 0.01030 | +0.078% | $773K | $39K | 10x | as long as short |
| Variational Omni ESPORTS | +0.0100% | 4h | 0.01033 | +0.352% | $31K | $503 | — | as long as short |
| Gate ESPORTS_USDT | +0.0484% | 4h | 0.01030 | +0.078% | $369K | $569K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.1172% | 4h | 0.01030 | +0.073% | $125K | $90K | 5x | as long as short |
| MEXC ESPORTS_USDT | +0.1672% | 4h | 0.01030 | +0.078% | $1.4M | $191K | 20x | as long as short |
| Binance ESPORTSUSDTshort | +0.1673% | 4h | 0.01029 | +0.003% | $5.8M | $4.7M | 10x | |
| BingX ESPORTS-USDT | +0.1714% | 4h | 0.01030 | +0.078% | — | $1.4M | — | as long as short |
KuCoin ESPORTSUSDTM
Variational Omni ESPORTS
Gate ESPORTS_USDT
Aster ESPORTSUSDT
MEXC ESPORTS_USDT
BingX ESPORTS-USDT