Funding you earn now, next payment 08:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.49 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against Binance+0.041%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now +0.041%, 7d avg +0.028%
=The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FFUSDT | 0.1274 | 0.0003 | pay 0.0001% / 4h | 3h 36m | $43.0M | $16.8M | 20x |
| Short | Bybit FFUSDT | 0.1274 | 0.0100 | get 0.0050% / 4h | 3h 36m | $14.4M | $4.1M | 20x |
Binance FFUSDT
Bybit FFUSDTFunding 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
- $20.4
- Price spread: +0.041% → +0.028%
- $1.31
- Slippage, 4 orders
- −$73.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$73.25
- Costs to cover
- 0.950%
- Break-even
- 32.1 days
Slippage from Binance: live order book, 5 min ago; Bybit: 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 Binance live order book, 5 min ago | 0.39 bp | 11.4 bp −$11 | 47.7 bp −$477 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.57 bp | 30.2 bp −$30 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
FF 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC FF_USDT | 0.0000% | 4h | 0.1274 | +0.002% | $10.1M | $682K | 50x | as long as short |
| Binance FFUSDTlong | +0.0003% | 4h | 0.1274 | long leg | $43.0M | $16.8M | 20x | |
| BloFin FF-USDT | +0.0052% | 4h | 0.1274 | +0.041% | $2.3M | $137K | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1275 | +0.079% | $1.2M | $26K | 5x | as long as short |
| Bybit FFUSDTshort | +0.0100% | 4h | 0.1274 | +0.041% | $14.4M | $4.1M | 20x | |
| Bitget FFUSDT | +0.0100% | 4h | 0.1275 | +0.073% | $18.5M | $1.0M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1274 | +0.049% | — | $6.7M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1272 | −0.108% | $2K | $1.1M | 20x | as long as short |
| KuCoin FFUSDTM | +0.0158% | 4h | 0.1277 | +0.253% | $8.6M | $4.4M | 20x | as long as short |
| Gate FF_USDT | +0.0802% | 4h | 0.1276 | +0.167% | $26.9M | $1.3M | 50x | as long as short |
MEXC FF_USDT
BloFin FF-USDT
Aster FFUSDT
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDT
KuCoin FFUSDTM
Gate FF_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0904% | 1h | 0.1278 | +0.355% | $135K | $26K | 3x | as long as short |
Lighter FF