Funding you earn now, next payment 08:00 UTC−0.1038%/8h= −113.7% APRnext payment −$5.19 per $10,000 · paid last 24h +0.051%
Price spread now: Binance against Bybit+0.178%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$676as in the Funding arb table
Net, price: spread back to 7d avg − costs−$664as in the Price arb table
costs, in and out, $10k−$6676.672% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 7 days−0.062%−$6 · spread now +0.178%, 7d avg +0.142%
=The price spread pays, funding is against you. Binance is 0.036% dearer against Bybit than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of +0.142%): +$4 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.083% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.083% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.19 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 | Bybit FOLKSUSDT | 2.1692 | 0.1171 | pay 0.0585% / 4h | 1h 37m | $1.2M | $348K | 20x |
| Short | Binance FOLKSUSDT | 2.1731 | 0.0133 | get 0.0066% / 4h | 1h 37m | $6.4M | $1.5M | 50x |
Bybit FOLKSUSDT
Binance FOLKSUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$218.01
- Price spread: +0.178% → +0.142%
- $3.58
- Slippage, 4 orders
- −$646.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$881.61
- Costs to cover
- 6.672%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 16 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 Bybit live order book, 3 min ago | 6.69 bp | 300.7 bp −$301 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 2.31 bp | 43.9 bp −$44 | 334.3 bp −$3,343 | 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 | 2.1720 | +0.129% | $73K | $3K | 3x | as long as short |
| Aster FOLKSUSDT | +0.0100% | 4h | 2.1668 | −0.109% | $44K | $12K | 5x | as long as short |
| Gate FOLKS_USDT | +0.0100% | 8h | 2.1620 | −0.332% | $265K | $113K | 50x | as long as short |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1580 | −0.516% | $1.2M | $3.3M | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1672 | −0.091% | $14K | $687 | — | as long as short |
| BloFin FOLKS-USDT | +0.0119% | 4h | 2.1710 | +0.083% | $413K | $30K | 50x | as long as short |
| MEXC FOLKS_USDT | +0.0132% | 4h | 2.1710 | +0.083% | $980K | $179K | 100x | as long as short |
| Binance FOLKSUSDTshort | +0.0133% | 4h | 2.1731 | +0.178% | $6.4M | $1.5M | 50x | |
| Bitget FOLKSUSDT | +0.0306% | 4h | 2.1683 | −0.041% | $1.0M | $175K | 50x | as long as short |
| BingX FOLKS-USDT | +0.1161% | 4h | 2.1720 | +0.129% | — | $6.5M | — | as long as short |
Lighter FOLKS
Aster FOLKSUSDT
Gate FOLKS_USDT
KuCoin FOLKSUSDTM
Variational Omni FOLKS
BloFin FOLKS-USDT
MEXC FOLKS_USDT
Bitget FOLKSUSDT
BingX FOLKS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FOLKSUSDTlong | +0.1171% | 4h | 2.1692 | long leg | $1.2M | $348K | 20x |