Funding you earn now, next payment 04:00 UTC−0.0294%/8h= −32.2% APRnext payment −$1.47 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against Binance+0.037%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$490as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$5055.053% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.037%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.47 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 | Binance EVAAUSDT | 0.7780 | 0.0955 | pay 0.0477% / 4h | 1h 20m | $6.1M | $24.5M | 10x |
| Short | Bybit EVAAUSDT | 0.7783 | 0.0661 | get 0.0330% / 4h | 1h 20m | $2.3M | $2.4M | 5x |
Funding 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
- −$61.72
- Price spread: +0.037% → +0.036%
- $0.08
- Slippage, 4 orders
- −$484.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$566.92
- Costs to cover
- 5.053%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 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, 5 min ago | 0.63 bp | 44.9 bp −$45 | 393.2 bp −$3,932 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 8.32 bp | 187.6 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
EVAA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EVAA-USDT | +0.0070% | 4h | 0.7803 | +0.294% | — | $7.4M | — | as long as short |
| Gate EVAA_USDT | +0.0100% | 8h | 0.7780 | −0.001% | $1.9M | $2.2M | 10x | as long as short |
| Bitget EVAAUSDT | +0.0100% | 4h | 0.7794 | +0.178% | $1.9M | $2.8M | 10x | as long as short |
| SunX EVAA-USDT | +0.0100% | 4h | 0.7812 | +0.410% | $3K | $1.9M | 20x | as long as short |
| Bybit EVAAUSDTshort | +0.0661% | 4h | 0.7783 | +0.037% | $2.3M | $2.4M | 5x | |
| BloFin EVAA-USDT | +0.0902% | 4h | 0.7796 | +0.204% | $411K | $131K | 10x | as long as short |
| Aster EVAAUSDT | +0.0949% | 4h | 0.7778 | −0.033% | $21K | $497K | 5x | as long as short |
| Extended EVAA-USD | +0.0952% | 1h | 0.7780 | +0.004% | $4K | $143K | 5x | as long as short |
| MEXC EVAA_USDT | +0.0954% | 4h | 0.7791 | +0.140% | $8.4M | $2.5M | 50x | as long as short |
| Binance EVAAUSDTlong | +0.0955% | 4h | 0.7780 | long leg | $6.1M | $24.5M | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EVAAUSDTM | +0.0980% | 4h | 0.7793 | +0.166% | $1.5M | $1.8M | 10x | as long as short |
Binance EVAAUSDT
Bybit EVAAUSDT
BingX EVAA-USDT
Gate EVAA_USDT
Bitget EVAAUSDT
SunX EVAA-USDT
BloFin EVAA-USDT
Aster EVAAUSDT
Extended EVAA-USD
MEXC EVAA_USDT
KuCoin EVAAUSDTM