Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.012%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1941.935% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days+0.175%+$18 · spread now +0.012%, 7d avg +0.131%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.118% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EULUSDT | 1.4110 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $3.2M | $4.6M | 25x |
| Short | Bybit EULUSDT | 1.4112 | 0.0100 | get 0.0050% / 4h | 2h 40m | $1.6M | $1.4M | 25x |
Binance EULUSDT
Bybit EULUSDTFunding 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
- $0
- Price spread: +0.012% → +0.131%
- −$11.84
- Slippage, 4 orders
- −$172.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$205.36
- Costs to cover
- 1.935%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 1 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, 12 min ago | 0.36 bp | 20.0 bp −$20 | 232.5 bp −$2,325 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.90 bp | 77.4 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 EULUSDT | +0.0100% | 4h | 1.4104 | −0.042% | $36K | $9K | 5x | as long as short |
| Binance EULUSDTlong | +0.0100% | 4h | 1.4110 | long leg | $3.2M | $4.6M | 25x | |
| Bybit EULUSDTshort | +0.0100% | 4h | 1.4112 | +0.012% | $1.6M | $1.4M | 25x | |
| Gate EUL_USDT | +0.0100% | 4h | 1.4118 | +0.055% | $308K | $704K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4110 | −0.002% | $505K | $127K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4130 | +0.140% | $2.2M | $255K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4113 | +0.019% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4126 | +0.112% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0112% | 4h | 1.4090 | −0.145% | $24K | $264K | 10x | as long as short |
| BloFin EUL-USDT | +0.0150% | 4h | 1.4082 | −0.200% | $303K | $7K | 25x | as long as short |
Aster EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDC
BloFin EUL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0374% | 4h | 1.4152 | +0.296% | $129K | $43K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0542% | 4h | 1.4128 | +0.126% | $308K | $59K | 25x | as long as short |
HTX EUL-USDT
KuCoin EULUSDTM