Settings8H · net · $10k
Funding arb · Price arb /

FIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0571%/8h= +62.5% APRnext payment +$2.85 per $10,000 · paid last 24h +0.150%
Price spread now: Binance against Bybit+0.028%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$479as in the Price arb table
costs, in and out, $10k−$4674.668% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.766%+$77 on $10k
Price spread, last 7 days+0.081%+$8 · spread now +0.028%, 7d avg +0.147%
Together, before fees+0.847%+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.119% cheaper against Bybit than usual: you would sell low and buy high (spread +0.028% now, against its 7-day average of +0.147%). If the spread goes back, that is −$12 on $10k: about 17 hours of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FIGHTUSDT0.0035990.0100pay 0.0050% / 4h2h 38m$1.6M$177K20x
ShortBinance FIGHTUSDT0.0036000.0671get 0.0335% / 4h2h 38m$3.3M$1.3M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$119.89
Price spread: +0.028% → +0.147%
−$11.91
Slippage, 4 orders
−$445.78
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$358.81
Costs to cover
4.668%
Break-even
28.0 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago15.21 bp186.0 bp −$186doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago4.12 bp45.5 bp −$45293.9 bp −$2,939doesn't fitdoesn't fit

FIGHT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FIGHTUSDTlong+0.0100%4h0.003599long leg$1.6M$177K20x
KuCoin FIGHTUSDTM+0.0100%4h0.003602+0.083%$447K$28K20xas long as short
Aster FIGHTUSDT+0.0281%4h0.003603+0.119%$13K$5K5xas long as short
Gate FIGHT_USDT+0.0382%4h0.003604+0.139%$228K$64K20xas long as short
Bitget FIGHTUSDT+0.0538%4h0.003597−0.056%$1.1M$119K5xas long as short
BloFin FIGHT-USDT+0.0650%4h0.003613+0.389%$315K$7K20xas long as short
Binance FIGHTUSDTshort+0.0671%4h0.003600+0.028%$3.3M$1.3M20x
MEXC FIGHT_USDT+0.0686%4h0.003598−0.028%$202K$123K20xas long as short