LSK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−1.1326%/8h= −1240.2% APRnext payment −$14.16 per $10,000 · paid last 24h +0.341%

Price spread now: Bybit against Binance+0.225%7-day average +0.854% · you sell dearer than you buy

Net, funding: paid 7d − costs−$733as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$900.896% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−6.431%−$643 on $10k

Price spread, last 7 days+1.121%+$112 · spread now +0.225%, 7d avg +0.854%

Together, before fees−5.310%−$531 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$340 a day on $10k at the current rate, and Bybit is 0.630% cheaper against Binance than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of +0.854%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -6.431% in total (about -335.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LSKUSDT	0.3468	−0.3175	get 0.0397% / 1h	31m 22s	$14.7M	$99.2M	50x
Short	Bybit LSKUSDT	0.3476	−1.4501	pay 0.1813% / 1h	31m 22s	$9.5M	$20.5M	25x

Funding 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 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 BinancebpFee BybitbpOrdersPrice spread, now +0.225%Rate

Funding earned: −$2,378.49
Price spread: +0.225% → +0.854%: −$62.95
Slippage, 4 orders: −$68.57
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$2,531.01
Costs to cover: 0.896%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 2 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	0.15 bp	12.0 bp −$12	48.6 bp −$486	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.14 bp	31.5 bp −$31	doesn't fit	doesn't fit	doesn't fit

LSK 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
Bybit LSKUSDTshort	−1.4501%	1h	0.3476	+0.225%	$9.5M	$20.5M	25x
Variational Omni LSK	−0.8175%	1h	0.3441	−0.771%	$26K	$184K	—	as long as short
Gate LSK_USDT	−0.5480%	1h	0.3467	−0.020%	$1.4M	$2.7M	20x	as long as short
Binance LSKUSDTlong	−0.3175%	1h	0.3468	long leg	$14.7M	$99.2M	50x
MEXC LSK_USDT	−0.3136%	1h	0.3466	−0.049%	$8.2M	$2.5M	20x	as long as short
Phemex LSKUSDT	−0.2747%	4h	0.3460	−0.211%	$1.2M	$2.4M	10x	as long as short
Aster LSKUSDT	−0.2645%	1h	0.3465	−0.077%	$60K	$129K	5x	as long as short
HTX LSK-USDT	−0.1658%	1h	0.3462	−0.167%	$55K	$280K	20x	as long as short
Bitget LSKUSDT	−0.1544%	1h	0.3466	−0.049%	$2.6M	$9.7M	50x	as long as short
BingX LSK-USDT	−0.1021%	1h	0.3470	+0.072%	—	$2.8M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_LSKUSD	−0.0583%	1h	0.3467	−0.017%	$103K	$343K	10x	as long as short