Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Bybit against Binance+0.052%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$950.954% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now +0.052%, 7d avg +0.040%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDUSDT | 0.03833 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $2.5M | $3.7M | 50x |
| Short | Bybit IDUSDT | 0.03835 | 0.0100 | get 0.0100% / 8h | 5h 18m | $1.5M | $1.1M | 25x |
Binance IDUSDT
Bybit IDUSDTFunding 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: +0.052% → +0.040%
- $1.23
- Slippage, 4 orders
- −$74.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$94.15
- Costs to cover
- 0.954%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bybit: 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 Binance live order book, 2 min ago | 2.61 bp | 20.0 bp −$20 | 92.6 bp −$926 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.22 bp | 32.4 bp −$32 | 388.4 bp −$3,884 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03833 | +0.012% | $9K | $147 | 5x | as long as short |
| Binance IDUSDTlong | +0.0100% | 4h | 0.03833 | long leg | $2.5M | $3.7M | 50x | |
| Bybit IDUSDTshort | +0.0100% | 8h | 0.03835 | +0.052% | $1.5M | $1.1M | 25x | |
| Gate ID_USDT | +0.0100% | 4h | 0.03836 | +0.078% | $253K | $243K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03833 | 0.000% | $379K | $197K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03828 | −0.130% | $1.1M | $62K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03828 | −0.136% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0123% | 4h | 0.03835 | +0.052% | $161K | $13K | 50x | as long as short |
| BingX ID-USDT | +0.0150% | 4h | 0.03834 | +0.026% | — | $2.3M | — | as long as short |
| Bitget IDUSDT | +0.0192% | 4h | 0.03838 | +0.130% | $826K | $641K | 50x | as long as short |
Aster IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BloFin ID-USDT
BingX ID-USDT
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0619% | 1h | 0.03834 | +0.031% | $4K | $3K | 10x | as long as short |
Kraken Futures PF_IDUSD