Funding you earn now, next payment 08:00 UTC−0.0277%/8h= −30.3% APRnext payment −$1.39 per $10,000 · paid last 24h −0.084%
Price spread now: Binance against Bybit−0.041%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 7 days−0.089%−$9 · spread now −0.041%, 7d avg −0.060%
=The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07392 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $2.4M | $2.6M | 25x |
| Short | Binance LAUSDT | 0.07389 | −0.0177 | pay 0.0089% / 4h | 2h 42m | $4.6M | $9.6M | 25x |
Bybit LAUSDT
Binance LAUSDTFunding 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
- −$58.17
- Price spread: −0.041% → −0.060%
- $1.99
- Slippage, 4 orders
- −$55.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$132.3
- Costs to cover
- 0.761%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 12 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, 4 min ago | 1.35 bp | 24.9 bp −$25 | 132.4 bp −$1,324 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.35 bp | 15.7 bp −$16 | 50.6 bp −$506 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0560% | 4h | 0.07407 | +0.203% | $2.0M | $474K | 25x | as long as short |
| BingX LA-USDT | −0.0504% | 4h | 0.07395 | +0.041% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0292% | 4h | 0.07398 | +0.087% | $51K | $25K | 5x | as long as short |
| Binance LAUSDTshort | −0.0177% | 4h | 0.07389 | −0.041% | $4.6M | $9.6M | 25x | |
| MEXC LA_USDT | −0.0168% | 4h | 0.07389 | −0.041% | $382K | $132K | 50x | as long as short |
| BloFin LA-USDT | −0.0122% | 4h | 0.07394 | +0.027% | $244K | $20K | 25x | as long as short |
| Gate LA_USDT | +0.0060% | 4h | 0.07393 | +0.014% | $234K | $813K | 50x | as long as short |
| Bybit LAUSDTlong | +0.0100% | 4h | 0.07392 | long leg | $2.4M | $2.6M | 25x | |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07385 | −0.095% | $1.3M | $2.9M | 20x | as long as short |
| KuCoin LAUSDTM | +0.0100% | 4h | 0.07397 | +0.068% | $1.0M | $80K | 30x | as long as short |
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Gate LA_USDT
OKX LA-USDT-SWAP
KuCoin LAUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07400 | +0.108% | $142K | $441K | 10x | as long as short |
GRVT LA_USDT_Perp