Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03212 | +0.0100 | pay 0.0050% / 4h | 2h 08m | $2.1M | $4.0M | 75x | Long Binance | |
| SHORT | 0.03212 | +0.0100 | get 0.0050% / 4h | 2h 08m | $1.4M | $1.7M | 50x | Short Bybit |
Price gap0.000%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$2 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$60.0000% /8h now · paid −0.060% over the last 7D
Price+$2spread 0.000% now, avg −0.024% → +0.024% if it goes back
Costs−$910.908% of $10k · taker + slippage, in and out
Result−$94−0.94%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hKAIA on 12 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size21.7 / 22.7 bpAt $10k entering Bybit costs 22.7 bp, fee and slippage, 1.0× Binance’s.
- Note: Margin at max leverage$133 + $200Binance 75x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
- OK: Entry gap works for you0.000% vs −0.024%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Short leg is thinner$1.4M vs $2.1M OIBoth legs are deep; Bybit is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Bybit YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0029%/8h × 21 periods−$6.03
Price spread0.000% → −0.024% (7d avg)+$2.36
Slippage, 4 orderslive order books−$69.76
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$94.43
Costs to cover0.908%Break-evennever at this rate
Slippage: Binance: live order book, 16 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance3.1121.7 bp−$22104.6 bp−$1,046doesn’t fitdoesn’t fit
SELL · SHORTBybit3.1222.7 bp−$23137.7 bp−$1,377doesn’t fitdoesn’t fit
Closing costs about the same again.