Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: Binance against Bybit+0.050%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$810.807% of the position
Funding, last 7 days−0.487%−$49 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now +0.050%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.092% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FUSDT | 0.003706 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $2.4M | $2.2M | 25x |
| Short | Binance FUSDT | 0.003708 | 0.0100 | get 0.0050% / 4h | 2h 43m | $3.9M | $6.0M | 50x |
Bybit FUSDT
Binance FUSDTFunding 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: +0.050% → −0.042%
- $9.2
- Slippage, 4 orders
- −$59.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.52
- Costs to cover
- 0.807%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 10 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, 3 min ago | 2.69 bp | 18.7 bp −$19 | 145.6 bp −$1,456 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.35 bp | 17.9 bp −$18 | 60.9 bp −$609 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FUSDT | +0.0100% | 4h | 0.003708 | +0.065% | $15K | $28K | 5x | as long as short |
| Binance FUSDTshort | +0.0100% | 4h | 0.003708 | +0.050% | $3.9M | $6.0M | 50x | |
| Bybit FUSDTlong | +0.0100% | 4h | 0.003706 | long leg | $2.4M | $2.2M | 25x | |
| OKX F-USDT-SWAP | +0.0100% | 4h | 0.003708 | +0.054% | $690K | $2.1M | 20x | as long as short |
| Gate F_USDT | +0.0100% | 8h | 0.003709 | +0.081% | $135K | $1.3M | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003709 | +0.081% | $601K | $173K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003714 | +0.216% | $620K | $1.1M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003709 | +0.081% | $467K | $702K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003708 | +0.054% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003719 | +0.360% | $649 | $432 | — | as long as short |
Aster FUSDT
OKX F-USDT-SWAP
Gate F_USDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F