Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Binance against Bybit−0.043%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$830.835% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.043%, 7d avg −0.041%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IDUSDT | 0.03765 | 0.0100 | pay 0.0100% / 8h | 1h 40m | $1.4M | $1.0M | 25x |
| Short | Binance IDUSDT | 0.03763 | 0.0100 | get 0.0050% / 4h | 1h 40m | $2.4M | $3.4M | 50x |
Bybit IDUSDT
Binance IDUSDTFunding 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
- $0
- Price spread: −0.043% → −0.041%
- −$0.23
- Slippage, 4 orders
- −$62.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.72
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from Bybit: live order book, just now; Binance: live order book, 10 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, just now | 3.99 bp | 26.2 bp −$26 | 447.6 bp −$4,476 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.33 bp | 21.9 bp −$22 | 82.0 bp −$820 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0073% | 4h | 0.03765 | 0.000% | $163K | $11K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03767 | +0.056% | $9K | $135 | 5x | as long as short |
| Binance IDUSDTshort | +0.0100% | 4h | 0.03763 | −0.043% | $2.4M | $3.4M | 50x | |
| Bybit IDUSDTlong | +0.0100% | 8h | 0.03765 | long leg | $1.4M | $1.0M | 25x | |
| Gate ID_USDT | +0.0100% | 4h | 0.03763 | −0.053% | $254K | $236K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03764 | −0.027% | $430K | $155K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03764 | −0.027% | $1.1M | $62K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03766 | +0.027% | $780K | $572K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03765 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03758 | −0.182% | $12K | $20K | — | as long as short |
BloFin ID-USDT
Aster IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0406% | 1h | 0.03764 | −0.024% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD