Funding arb · Price arb /

JELLYJELLY

all JELLYJELLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.076%

Price spread now: Binance against Bybit+0.071%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs−$225as in the Price arb table

costs, in and out, $10k−$2302.298% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.250%+$25 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.071%, 7d avg +0.027%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.043% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit JELLYJELLYUSDT	0.05659	0.0100	pay 0.0050% / 4h	38m 34s	$2.4M	$1.1M	20x
Short	Binance JELLYJELLYUSDT	0.05663	0.0100	get 0.0050% / 4h	38m 34s	$4.4M	$1.7M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → +0.027%: $4.34
Slippage, 4 orders: −$208.75
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$225.42
Costs to cover: 2.298%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 13 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, 3 min ago	6.17 bp	90.5 bp −$90	633.6 bp −$6,336	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	3.53 bp	36.9 bp −$37	305.9 bp −$3,059	doesn't fit	doesn't fit

JELLYJELLY 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 JELLYJELLYUSDT	+0.0100%	4h	0.05669	+0.168%	$36K	$12K	5x	as long as short
Binance JELLYJELLYUSDTshort	+0.0100%	4h	0.05663	+0.071%	$4.4M	$1.7M	25x
Bybit JELLYJELLYUSDTlong	+0.0100%	4h	0.05659	long leg	$2.4M	$1.1M	20x
OKX JELLYJELLY-USDT-SWAP	+0.0100%	4h	0.05652	−0.124%	$1.3M	$429K	10x	as long as short
Gate JELLYJELLY_USDT	+0.0100%	4h	0.05653	−0.106%	$2.4M	$138K	20x	as long as short
MEXC JELLYJELLY_USDT	+0.0100%	4h	0.05661	+0.035%	$433K	$147K	20x	as long as short
Extended JELLYJELLY-USD	+0.0104%	1h	0.05661	+0.044%	$2K	$231K	5x	as long as short
BloFin JELLYJELLY-USDT	+0.0105%	4h	0.05661	+0.035%	$269K	$15K	20x	as long as short
KuCoin JELLYJELLYUSDTM	+0.0580%	4h	0.05664	+0.081%	$8.2M	$1.3M	20x	as long as short