Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.093%
Price spread now: Bybit against Binance−0.081%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3143.136% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.081%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.101% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INUSDT | 0.03489 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $1.9M | $1.1M | 25x |
| Short | Bybit INUSDT | 0.03486 | 0.0100 | get 0.0050% / 4h | 3h 43m | $742K | $149K | 20x |
Binance INUSDT
Bybit INUSDTFunding 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: −0.081% → +0.021%
- −$10.12
- Slippage, 4 orders
- −$292.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$323.68
- Costs to cover
- 3.136%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 26 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 | 4.30 bp | 38.3 bp −$38 | 259.2 bp −$2,592 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 26 min ago | 8.59 bp | 128.2 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
IN on 9 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 INUSDT | +0.0100% | 4h | 0.03477 | −0.347% | $125K | $21K | 5x | as long as short |
| Binance INUSDTlong | +0.0100% | 4h | 0.03489 | long leg | $1.9M | $1.1M | 25x | |
| Bybit INUSDTshort | +0.0100% | 4h | 0.03486 | −0.081% | $742K | $149K | 20x | |
| MEXC IN_USDT | +0.0100% | 4h | 0.03487 | −0.052% | $271K | $93K | 20x | as long as short |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03484 | −0.138% | $274K | $48K | 30x | as long as short |
| Bitget INUSDT | +0.0100% | 4h | 0.03488 | −0.023% | $821K | $131K | 25x | as long as short |
| BingX IN-USDT | +0.0100% | 4h | 0.03486 | −0.081% | — | $2.3M | — | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03480 | −0.239% | $1K | $7 | — | as long as short |
| Gate IN_USDT | +0.0146% | 4h | 0.03485 | −0.109% | $224K | $102K | 50x | as long as short |
Aster INUSDT
MEXC IN_USDT
KuCoin INUSDTM
Bitget INUSDT
BingX IN-USDT
Variational Omni IN
Gate IN_USDT