Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.062%
Price spread now: Bybit against Binance−0.028%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days+0.484%+$48 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now −0.028%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.066% cheaper against Binance than usual: you would sell low and buy high, −$7 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 | Binance FUSDT | 0.003736 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $4.0M | $7.9M | 50x |
| Short | Bybit FUSDT | 0.003735 | 0.0100 | get 0.0050% / 4h | 3h 29m | $2.4M | $2.7M | 25x |
Binance FUSDT
Bybit FUSDTFunding 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: −0.028% → +0.038%
- −$6.56
- Slippage, 4 orders
- −$60.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$88.29
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 3 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, 15 min ago | 1.34 bp | 15.7 bp −$16 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.02 bp | 28.0 bp −$28 | 251.1 bp −$2,511 | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate F_USDT | −0.0031% | 8h | 0.003736 | −0.001% | $172K | $1.4M | 25x | as long as short |
| OKX F-USDT-SWAP | +0.0049% | 4h | 0.003732 | −0.108% | $728K | $2.2M | 20x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003736 | −0.001% | $15K | $30K | 5x | as long as short |
| Binance FUSDTlong | +0.0100% | 4h | 0.003736 | long leg | $4.0M | $7.9M | 50x | |
| Bybit FUSDTshort | +0.0100% | 4h | 0.003735 | −0.028% | $2.4M | $2.7M | 25x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003737 | +0.026% | $636K | $191K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003737 | +0.026% | $787K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003736 | −0.001% | $514K | $1.0M | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003735 | −0.028% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003734 | −0.043% | $704 | $379 | — | as long as short |
Gate F_USDT
OKX F-USDT-SWAP
Aster FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F