Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.007%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1601.599% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.007%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.037% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LPTUSDT | 1.7086 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $3.5M | $8.8M | 50x |
| Short | Bybit LPTUSDT | 1.7087 | 0.0100 | get 0.0050% / 4h | 3h 13m | $1.7M | $1.6M | 25x |
Binance LPTUSDT
Bybit LPTUSDTFunding 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: +0.007% → +0.044%
- −$3.67
- Slippage, 4 orders
- −$138.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$163.54
- Costs to cover
- 1.599%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 3 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, 11 min ago | 2.92 bp | 26.5 bp −$27 | 96.1 bp −$961 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.17 bp | 52.7 bp −$53 | 222.0 bp −$2,220 | doesn't fit | doesn't fit |
LPT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LPTUSD | −0.0149% | 1h | 1.7098 | +0.071% | $44K | $82K | 25x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.7096 | +0.061% | $1K | $18K | 5x | as long as short |
| Binance LPTUSDTlong | +0.0100% | 4h | 1.7086 | long leg | $3.5M | $8.8M | 50x | |
| Bybit LPTUSDTshort | +0.0100% | 4h | 1.7087 | +0.007% | $1.7M | $1.6M | 25x | |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7100 | +0.083% | $1.4M | $2.6M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7080 | −0.034% | $230K | $846K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7080 | −0.034% | $1.9M | $884K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7090 | +0.024% | $315K | $155K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7070 | −0.093% | $1.3M | $608K | 50x | as long as short |
| BingX LPT-USDT | +0.0100% | 4h | 1.7080 | −0.034% | — | $2.5M | — | as long as short |
Kraken Futures PF_LPTUSD
Aster LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDT
BingX LPT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.7141 | +0.323% | $6K | $3K | — | as long as short |
| BloFin LPT-USDT | +0.0133% | 4h | 1.7130 | +0.258% | $196K | $32K | 50x | as long as short |
Variational Omni LPT
BloFin LPT-USDT