Funding you earn now, next payment 04:00 UTC−0.0131%/8h= −14.4% APRnext payment −$0.66 per $10,000 · paid last 24h +0.102%
Price spread now: Bybit against Binance+0.164%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2202.197% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.164%, 7d avg +0.065%
=The price spread pays, funding is against you. Bybit is 0.099% dearer against Binance than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of +0.065%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GUNUSDT | 0.003049 | 0.0231 | pay 0.0116% / 4h | 2h 31m | $2.1M | $4.3M | 10x |
| Short | Bybit GUNUSDT | 0.003054 | 0.0100 | get 0.0050% / 4h | 2h 31m | $529K | $970K | 20x |
Funding 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
- −$27.58
- Price spread: +0.164% → +0.065%
- $9.9
- Slippage, 4 orders
- −$198.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$237.37
- Costs to cover
- 2.197%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 34 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, 6 min ago | 4.96 bp | 30.2 bp −$30 | 708.7 bp −$7,087 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 34 min ago | 4.93 bp | 72.8 bp −$73 | 164.5 bp −$1,645 | doesn't fit | doesn't fit |
GUN on 8 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 GUNUSDTshort | +0.0100% | 4h | 0.003054 | +0.164% | $529K | $970K | 20x | |
| Gate GUN_USDT | +0.0100% | 4h | 0.003052 | +0.098% | $184K | $116K | 20x | as long as short |
| KuCoin GUNUSDTM | +0.0100% | 4h | 0.003052 | +0.098% | $329K | $119K | 30x | as long as short |
| Bitget GUNUSDT | +0.0100% | 4h | 0.003053 | +0.131% | $537K | $274K | 10x | as long as short |
| Binance GUNUSDTlong | +0.0231% | 4h | 0.003049 | long leg | $2.1M | $4.3M | 10x | |
| BingX GUN-USDT | +0.0234% | 4h | 0.003052 | +0.098% | — | $1.3M | — | as long as short |
| MEXC GUN_USDT | +0.0236% | 4h | 0.003048 | −0.033% | $678K | $281K | 50x | as long as short |
| Aster GUNUSDT | +0.0887% | 4h | 0.003049 | −0.008% | $7K | $11K | 5x | as long as short |
Binance GUNUSDT
Bybit GUNUSDT
Gate GUN_USDT
KuCoin GUNUSDTM
Bitget GUNUSDT
BingX GUN-USDT
MEXC GUN_USDT
Aster GUNUSDT