Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against Binance+0.186%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$940as in the Price arb table
costs, in and out, $10k−$9469.456% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.186%, 7d avg +0.126%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.060% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.126%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FLUXUSDT | 0.06294 | 0.0100 | pay 0.0050% / 4h | 53m 15s | $1.2M | $1.4M | 50x |
| Short | Bybit FLUXUSDT | 0.06306 | 0.0100 | get 0.0050% / 4h | 53m 15s | $287K | $253K | 20x |
Binance FLUXUSDT
Bybit FLUXUSDTFunding 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: +0.186% → +0.126%
- $5.96
- Slippage, 4 orders
- −$924.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$939.65
- Costs to cover
- 9.456%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 57 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, 10 min ago | 3.99 bp | 39.4 bp −$39 | 353.5 bp −$3,535 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 57 min ago | 10.45 bp | 161.1 bp −$161 | doesn't fit | doesn't fit | doesn't fit |
FLUX 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FLUXUSD | −0.2578% | 1h | 0.06313 | +0.294% | $6K | $249 | 10x | as long as short |
| Aster FLUXUSDT | −0.0695% | 4h | 0.06336 | +0.669% | $40K | $409 | 5x | as long as short |
| Binance FLUXUSDTlong | +0.0100% | 4h | 0.06294 | long leg | $1.2M | $1.4M | 50x | |
| Bybit FLUXUSDTshort | +0.0100% | 4h | 0.06306 | +0.186% | $287K | $253K | 20x | |
| Gate FLUX_USDT | +0.0100% | 4h | 0.06302 | +0.122% | $47K | $23K | 20x | as long as short |
| MEXC FLUX_USDT | +0.0100% | 4h | 0.06296 | +0.027% | $4.9M | $133K | 100x | as long as short |
| KuCoin FLUXUSDTM | +0.0100% | 4h | 0.06307 | +0.201% | $213K | $53K | 30x | as long as short |
| Bitget FLUXUSDT | +0.0100% | 4h | 0.06299 | +0.074% | $292K | $136K | 50x | as long as short |
| BingX FLUX-USDT | +0.0100% | 4h | 0.06300 | +0.090% | — | $1.3M | — | as long as short |
| Variational Omni FLUX | +0.0100% | 4h | 0.06298 | +0.058% | $6K | $40 | — | as long as short |
Kraken Futures PF_FLUXUSD
Aster FLUXUSDT
Gate FLUX_USDT
MEXC FLUX_USDT
KuCoin FLUXUSDTM
Bitget FLUXUSDT
BingX FLUX-USDT
Variational Omni FLUXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin FLUX-USDT | +0.0145% | 4h | 0.06292 | −0.037% | $78K | $11K | 50x | as long as short |
BloFin FLUX-USDT