Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.006%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1781.785% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now +0.006%, 7d avg +0.085%
=Funding pays, the price is against you. Binance is 0.079% cheaper against Bybit than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.085%). If the spread goes back, that is −$8 on $10k: about 5.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GENIUSUSDT | 0.3605 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $1.6M | $2.5M | 25x |
| Short | Binance GENIUSUSDT | 0.3605 | 0.0145 | get 0.0073% / 4h | 2h 08m | $9.1M | $19.3M | 50x |
Bybit GENIUSUSDT
Binance GENIUSUSDTFunding 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
- $9.56
- Price spread: +0.006% → +0.085%
- −$7.93
- Slippage, 4 orders
- −$157.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$176.86
- Costs to cover
- 1.785%
- Break-even
- 136.6 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 2 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, 4 min ago | 4.13 bp | 68.4 bp −$68 | 974.0 bp −$9,740 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.77 bp | 22.7 bp −$23 | 97.1 bp −$971 | 588.3 bp −$58.8K | doesn't fit |
GENIUS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GENIUSUSDTlong | +0.0100% | 4h | 0.3605 | long leg | $1.6M | $2.5M | 25x | |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3598 | −0.194% | $249K | $473K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3598 | −0.208% | $541K | $1.9M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3605 | −0.008% | $752K | $1.3M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3621 | +0.440% | $95K | $106K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3601 | −0.111% | $2K | $646K | 20x | as long as short |
| Extended GENIUS-USD | +0.0144% | 1h | 0.3603 | −0.052% | $2K | $174K | 5x | as long as short |
| MEXC GENIUS_USDT | +0.0144% | 4h | 0.3602 | −0.083% | $490K | $336K | 20x | as long as short |
| Binance GENIUSUSDTshort | +0.0145% | 4h | 0.3605 | +0.006% | $9.1M | $19.3M | 50x | |
| BingX GENIUS-USDT | +0.0160% | 4h | 0.3602 | −0.083% | — | $1.7M | — | as long as short |
Gate GENIUS_USDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USD
MEXC GENIUS_USDT
BingX GENIUS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GENIUSUSDT | +0.0530% | 4h | 0.3604 | −0.019% | $258K | $552K | 20x | as long as short |
Aster GENIUSUSDT