Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.134%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2012.014% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.134%, 7d avg +0.119%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ILVUSDT | 3.7260 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $1.5M | $1.8M | 50x |
| Short | Bybit ILVUSDT | 3.7310 | 0.0100 | get 0.0050% / 4h | 2h 54m | $534K | $352K | 50x |
Binance ILVUSDT
Bybit ILVUSDTFunding 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: +0.134% → +0.119%
- $1.52
- Slippage, 4 orders
- −$180.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$199.92
- Costs to cover
- 2.014%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 5 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, 9 min ago | 1.33 bp | 26.8 bp −$27 | 238.3 bp −$2,383 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 6.66 bp | 68.5 bp −$69 | 157.9 bp −$1,579 | doesn't fit | doesn't fit |
ILV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ILV/USDC PERP | −0.2346% | 1h | 3.7270 | +0.027% | $2K | $101 | 5.5x | as long as short |
| Binance ILVUSDTlong | +0.0100% | 4h | 3.7260 | long leg | $1.5M | $1.8M | 50x | |
| Bybit ILVUSDTshort | +0.0100% | 4h | 3.7310 | +0.134% | $534K | $352K | 50x | |
| Gate ILV_USDT | +0.0100% | 8h | 3.7310 | +0.134% | $61K | $57K | 20x | as long as short |
| MEXC ILV_USDT | +0.0100% | 4h | 3.7260 | 0.000% | $697K | $149K | 50x | as long as short |
| KuCoin ILVUSDTM | +0.0100% | 4h | 3.7340 | +0.215% | $337K | $78K | 30x | as long as short |
| Bitget ILVUSDT | +0.0100% | 4h | 3.7310 | +0.134% | $134K | $169K | 50x | as long as short |
| BingX ILV-USDT | +0.0100% | 4h | 3.7340 | +0.215% | — | $6.6M | — | as long as short |
| Variational Omni ILV | +0.0100% | 4h | 3.7329 | +0.186% | $6K | $5 | — | as long as short |
| BloFin ILV-USDT | +0.0154% | 4h | 3.7290 | +0.081% | $98K | $53K | 50x | as long as short |
Injective ILV/USDC PERP
Gate ILV_USDT
MEXC ILV_USDT
KuCoin ILVUSDTM
Bitget ILVUSDT
BingX ILV-USDT
Variational Omni ILV
BloFin ILV-USDT