Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.074%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1511.507% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.074%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.031% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LPTUSDT | 1.7246 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $1.8M | $2.0M | 25x |
| Short | Binance LPTUSDT | 1.7233 | 0.0100 | get 0.0050% / 4h | 2h 31m | $3.5M | $10.9M | 50x |
Bybit LPTUSDT
Binance LPTUSDTFunding 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
- $0
- Price spread: −0.074% → −0.043%
- −$3.09
- Slippage, 4 orders
- −$129.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.75
- Costs to cover
- 1.507%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 9 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, 6 min ago | 3.77 bp | 46.2 bp −$46 | 222.1 bp −$2,221 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.93 bp | 22.4 bp −$22 | 93.3 bp −$933 | doesn't fit | doesn't fit |
LPT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LPTUSD | +0.0031% | 1h | 1.7223 | −0.132% | $46K | $106K | 25x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.7226 | −0.116% | $2K | $19K | 5x | as long as short |
| Binance LPTUSDTshort | +0.0100% | 4h | 1.7233 | −0.074% | $3.5M | $10.9M | 50x | |
| Bybit LPTUSDTlong | +0.0100% | 4h | 1.7246 | long leg | $1.8M | $2.0M | 25x | |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7220 | −0.151% | $1.4M | $3.2M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7230 | −0.093% | $239K | $867K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7230 | −0.093% | $1.9M | $993K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7230 | −0.093% | $313K | $185K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7220 | −0.151% | $1.3M | $828K | 50x | as long as short |
| BingX LPT-USDT | +0.0100% | 4h | 1.7230 | −0.093% | — | $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 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.7240 | −0.033% | $6K | $3K | — | as long as short |
Variational Omni LPT