Funding you earn now, next payment 04:00 UTC+0.1355%/8h= +148.4% APRpaid last 24h +0.055%
Price spread now: Binance against Bybit−0.074%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days−1.453%−$145 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now −0.074%, 7d avg −0.094%
=The price spread sits at its 7-day average of −0.094%, so right now this pair is about funding alone: +$41 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −1.453%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOSTUSDT | 0.0008994 | −0.3499 | get 0.3499% / 8h | 6h 06m | $1.9M | $2.1M | 25x |
| Short | Binance IOSTUSDT | 0.0008987 | −0.2144 | pay 0.1072% / 4h | 2h 06m | $5.8M | $16.1M | 50x |
Bybit IOSTUSDT
Binance IOSTUSDTFunding 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
- $284.62
- Price spread: −0.074% → −0.094%
- $1.99
- Slippage, 4 orders
- −$96.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $168.71
- Costs to cover
- 1.179%
- Break-even
- 2.9 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 4 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, 5 min ago | 2.22 bp | 41.2 bp −$41 | 228.5 bp −$2,285 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.11 bp | 18.0 bp −$18 | 52.6 bp −$526 | doesn't fit | doesn't fit |
IOST on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDTlong | −0.3499% | 8h | 0.0008994 | long leg | $1.9M | $2.1M | 25x | |
| OKX IOST-USDT-SWAP | −0.2285% | 4h | 0.0008982 | −0.133% | $1.6M | $4.0M | 10x | as long as short |
| Binance IOSTUSDTshort | −0.2144% | 4h | 0.0008987 | −0.074% | $5.8M | $16.1M | 50x | |
| MEXC IOST_USDT | −0.2134% | 4h | 0.0008988 | −0.067% | $2.0M | $452K | 50x | as long as short |
| Bitget IOSTUSDT | −0.2054% | 4h | 0.0008989 | −0.056% | $638K | $2.2M | 25x | as long as short |
| Variational Omni IOST | −0.1419% | 8h | 0.0009016 | +0.244% | $10K | $6K | — | as long as short |
| Gate IOST_USDT | −0.1120% | 4h | 0.0008980 | −0.156% | $735K | $483K | 25x | as long as short |
| BingX IOST-USDT | −0.0748% | 4h | 0.0008988 | −0.067% | — | $2.5M | — | as long as short |
OKX IOST-USDT-SWAP
MEXC IOST_USDT
Bitget IOSTUSDT
Variational Omni IOST
Gate IOST_USDT
BingX IOST-USDT