Funding you earn now, next payment 04:00 UTC−0.0955%/8h= −104.5% APRnext payment −$4.77 per $10,000 · paid last 24h −0.143%
Price spread now: Bybit against Binance+0.111%7-day average −0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$520as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4444.445% of the position
Funding, last 7 days−0.752%−$75 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.111%, 7d avg −0.149%
=The price spread pays, funding is against you. Bybit is 0.260% dearer against Binance than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of −0.149%): +$26 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.752% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FIGHTUSDT | 0.003610 | 0.1055 | pay 0.0527% / 4h | 2h 31m | $3.3M | $1.3M | 20x |
| Short | Bybit FIGHTUSDT | 0.003614 | 0.0100 | get 0.0050% / 4h | 2h 31m | $1.6M | $239K | 20x |
Binance FIGHTUSDT
Bybit FIGHTUSDTFunding 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
- −$200.45
- Price spread: +0.111% → −0.149%
- $25.96
- Slippage, 4 orders
- −$423.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$618.96
- Costs to cover
- 4.445%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 5 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 | 4.14 bp | 39.6 bp −$40 | 464.2 bp −$4,642 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 16.57 bp | 178.5 bp −$179 | doesn't fit | doesn't fit | doesn't fit |
FIGHT on 7 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 FIGHTUSDT | +0.0100% | 4h | 0.003604 | −0.153% | $13K | $6K | 5x | as long as short |
| Bybit FIGHTUSDTshort | +0.0100% | 4h | 0.003614 | +0.111% | $1.6M | $239K | 20x | |
| KuCoin FIGHTUSDTM | +0.0584% | 4h | 0.003595 | −0.416% | $454K | $26K | 20x | as long as short |
| Gate FIGHT_USDT | +0.0648% | 4h | 0.003612 | +0.055% | $222K | $57K | 20x | as long as short |
| MEXC FIGHT_USDT | +0.1054% | 4h | 0.003614 | +0.111% | $217K | $125K | 20x | as long as short |
| Binance FIGHTUSDTlong | +0.1055% | 4h | 0.003610 | long leg | $3.3M | $1.3M | 20x | |
| Bitget FIGHTUSDT | +0.1066% | 4h | 0.003604 | −0.166% | $1.1M | $136K | 5x | as long as short |
Aster FIGHTUSDT
KuCoin FIGHTUSDTM
Gate FIGHT_USDT
MEXC FIGHT_USDT
Bitget FIGHTUSDT