Funding you earn now, next payment 01:00 UTC−0.1768%/8h= −193.6% APRnext payment −$2.21 per $10,000 · paid last 24h +0.158%
Price spread now: Binance against Bybit−0.245%7-day average −0.900% · you buy dearer than you sell
Net, funding: paid 7d − costs+$540as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$820.824% of the position
Funding, last 7 days+6.227%+$623 on $10k
+Price spread, last 7 days−1.219%−$122 · spread now −0.245%, 7d avg −0.900%
=The price spread pays, funding is against you. Binance is 0.655% dearer against Bybit than usual: you sell high and buy low (spread −0.245% now, against its 7-day average of −0.900%): +$65 on $10k if it goes back. Holding the pair costs −$53 a day in funding at the current rate, which eats that in about 30 hours. Mind the row above: over the last 7 days funding on this pair paid +6.227%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LSKUSDT | 0.3626 | 0.0100 | pay 0.0013% / 1h | 18m 51s | $10.2M | $20.4M | 25x |
| Short | Binance LSKUSDT | 0.3618 | −0.1668 | pay 0.0209% / 1h | 18m 51s | $15.6M | $96.8M | 50x |
Bybit LSKUSDT
Binance LSKUSDTFunding 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
- −$371.3
- Price spread: −0.245% → −0.900%
- $65.46
- Slippage, 4 orders
- −$61.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$388.25
- Costs to cover
- 0.824%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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, 5 min ago | 0.14 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.14 bp | 12.4 bp −$12 | 65.3 bp −$653 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LSKUSDTshort | −0.1668% | 1h | 0.3618 | −0.245% | $15.6M | $96.8M | 50x | |
| MEXC LSK_USDT | −0.1664% | 1h | 0.3614 | −0.339% | $8.3M | $2.5M | 20x | as long as short |
| Aster LSKUSDT | −0.1459% | 1h | 0.3618 | −0.221% | $63K | $121K | 5x | as long as short |
| Kraken Futures PF_LSKUSD | −0.1394% | 1h | 0.3629 | +0.060% | $122K | $226K | 10x | as long as short |
| Phemex LSKUSDT | −0.1228% | 4h | 0.3617 | −0.254% | $1.4M | $2.3M | 10x | as long as short |
| Gate LSK_USDT | −0.0728% | 1h | 0.3621 | −0.149% | $1.5M | $2.7M | 20x | as long as short |
| Bybit LSKUSDTlong | +0.0100% | 1h | 0.3626 | long leg | $10.2M | $20.4M | 25x | |
| Variational Omni LSK | +0.0100% | 1h | 0.3630 | +0.109% | $29K | $212K | — | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3620 | −0.182% | $62K | $261K | 20x | as long as short |
| Bitget LSKUSDT | +0.0104% | 1h | 0.3619 | −0.204% | $2.8M | $9.2M | 50x | as long as short |
MEXC LSK_USDT
Aster LSKUSDT
Kraken Futures PF_LSKUSD
Phemex LSKUSDT
Gate LSK_USDT
Variational Omni LSK
HTX LSK-USDT
Bitget LSKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LSK-USDT | +0.0104% | 1h | 0.3620 | −0.176% | — | $3.0M | — | as long as short |
BingX LSK-USDT