Funding you earn now, next payment 00:00 UTC−0.0285%/8h= −31.2% APRnext payment −$1.43 per $10,000 · paid last 24h −0.083%
Price spread now: Bybit against Binance−0.113%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$626as in the Price arb table
costs, in and out, $10k−$6306.299% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days−0.269%−$27 · spread now −0.113%, 7d avg −0.150%
=The price spread pays, funding is against you. Bybit is 0.038% dearer against Binance than usual: you sell high and buy low (spread −0.113% now, against its 7-day average of −0.150%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FOLKSUSDT | 2.1320 | 0.0385 | pay 0.0193% / 4h | 7m 43s | $6.3M | $1.5M | 50x |
| Short | Bybit FOLKSUSDT | 2.1296 | 0.0100 | get 0.0050% / 4h | 7m 43s | $1.2M | $265K | 20x |
Binance FOLKSUSDT
Bybit FOLKSUSDTFunding 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
- −$59.9
- Price spread: −0.113% → −0.150%
- $3.79
- Slippage, 4 orders
- −$608.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$686.06
- Costs to cover
- 6.299%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Bybit: live order book, 3 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, 16 min ago | 2.35 bp | 48.2 bp −$48 | 465.7 bp −$4,657 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 7.05 bp | 290.6 bp −$291 | doesn't fit | doesn't fit | doesn't fit |
FOLKS 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FOLKS | +0.0096% | 1h | 2.1364 | +0.206% | $72K | $2K | 3x | as long as short |
| Bybit FOLKSUSDTshort | +0.0100% | 4h | 2.1296 | −0.113% | $1.2M | $265K | 20x | |
| Gate FOLKS_USDT | +0.0100% | 8h | 2.1260 | −0.281% | $245K | $109K | 50x | as long as short |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1210 | −0.516% | $1.2M | $1.7M | 50x | as long as short |
| Bitget FOLKSUSDT | +0.0100% | 4h | 2.1307 | −0.061% | $1.0M | $164K | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1277 | −0.200% | $14K | $4K | — | as long as short |
| Aster FOLKSUSDT | +0.0217% | 4h | 2.1288 | −0.150% | $43K | $12K | 5x | as long as short |
| Binance FOLKSUSDTlong | +0.0385% | 4h | 2.1320 | long leg | $6.3M | $1.5M | 50x | |
| MEXC FOLKS_USDT | +0.0390% | 4h | 2.1320 | 0.000% | $943K | $179K | 100x | as long as short |
| BloFin FOLKS-USDT | +0.0393% | 4h | 2.1280 | −0.188% | $411K | $28K | 50x | as long as short |
Lighter FOLKS
Gate FOLKS_USDT
KuCoin FOLKSUSDTM
Bitget FOLKSUSDT
Variational Omni FOLKS
Aster FOLKSUSDT
MEXC FOLKS_USDT
BloFin FOLKS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX FOLKS-USDT | +0.0396% | 4h | 2.1310 | −0.047% | — | $6.5M | — | as long as short |
BingX FOLKS-USDT