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: Binance against Bybit−0.016%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1941.943% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.016%, 7d avg −0.120%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.104% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.120%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ILVUSDT | 3.7910 | 0.0100 | pay 0.0050% / 4h | 3m 43s | $539K | $333K | 50x |
| Short | Binance ILVUSDT | 3.7904 | 0.0100 | get 0.0050% / 4h | 3m 43s | $1.5M | $1.8M | 50x |
Bybit ILVUSDT
Binance ILVUSDTFunding 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: −0.016% → −0.120%
- $10.43
- Slippage, 4 orders
- −$173.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$183.91
- Costs to cover
- 1.943%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 46 min ago; Binance: live order book, 15 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, 46 min ago | 6.63 bp | 72.0 bp −$72 | 280.5 bp −$2,805 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.63 bp | 27.5 bp −$27 | 129.3 bp −$1,293 | 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 | −0.2885% | 1h | 3.7610 | −0.791% | $2K | $105 | 5.5x | as long as short |
| BloFin ILV-USDT | +0.0078% | 4h | 3.7860 | −0.132% | $98K | $50K | 50x | as long as short |
| Binance ILVUSDTshort | +0.0100% | 4h | 3.7904 | −0.016% | $1.5M | $1.8M | 50x | |
| Bybit ILVUSDTlong | +0.0100% | 4h | 3.7910 | long leg | $539K | $333K | 50x | |
| Gate ILV_USDT | +0.0100% | 8h | 3.7910 | 0.000% | $56K | $62K | 20x | as long as short |
| MEXC ILV_USDT | +0.0100% | 4h | 3.7910 | 0.000% | $717K | $164K | 50x | as long as short |
| KuCoin ILVUSDTM | +0.0100% | 4h | 3.7950 | +0.106% | $346K | $70K | 30x | as long as short |
| Bitget ILVUSDT | +0.0100% | 4h | 3.7930 | +0.053% | $136K | $163K | 50x | as long as short |
| BingX ILV-USDT | +0.0100% | 4h | 3.7940 | +0.079% | — | $6.6M | — | as long as short |
| Variational Omni ILV | +0.0100% | 4h | 3.7903 | −0.017% | $7K | $5 | — | as long as short |
Injective ILV/USDC PERP
BloFin ILV-USDT
Gate ILV_USDT
MEXC ILV_USDT
KuCoin ILVUSDTM
Bitget ILVUSDT
BingX ILV-USDT
Variational Omni ILV