Funding you earn now, next payment 04:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.67 per $10,000 · paid last 24h −0.221%
Price spread now: Bybit against Binance+0.394%7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3303.298% of the position
Funding, last 7 days−1.268%−$127 on $10k
+Price spread, last 7 days−0.208%−$21 · spread now +0.394%, 7d avg +0.185%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.209% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.185%. Mind the row above: over the last 7 days funding on this pair cost −1.268%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LYNUSDT | 0.03921 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $6.1M | $8.3M | 10x |
| Short | Bybit LYNUSDT | 0.03936 | 0.0235 | get 0.0117% / 4h | 2h 55m | $1.7M | $1.8M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $28.34
- Price spread: +0.394% → +0.185%
- $20.9
- Slippage, 4 orders
- −$308.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$280.58
- Costs to cover
- 3.298%
- Break-even
- 76.3 days
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 1 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, 14 min ago | 2.53 bp | 20.2 bp −$20 | 188.2 bp −$1,882 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.36 bp | 94.1 bp −$94 | 704.7 bp −$7,047 | doesn't fit | doesn't fit |
LYN on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LYNUSDT | +0.0100% | 4h | 0.03942 | +0.544% | $24K | $23K | 5x | as long as short |
| Binance LYNUSDTlong | +0.0100% | 4h | 0.03921 | long leg | $6.1M | $8.3M | 10x | |
| Gate LYN_USDT | +0.0100% | 4h | 0.03929 | +0.215% | $269K | $226K | 25x | as long as short |
| MEXC LYN_USDT | +0.0100% | 4h | 0.03922 | +0.037% | $1.1M | $399K | 50x | as long as short |
| KuCoin LYNUSDTM | +0.0100% | 4h | 0.03936 | +0.394% | $1.2M | $188K | 10x | as long as short |
| Bitget LYNUSDT | +0.0100% | 4h | 0.03941 | +0.521% | $1.7M | $602K | 10x | as long as short |
| Extended LYN-USD | +0.0104% | 1h | 0.03923 | +0.063% | $5K | $164K | 5x | as long as short |
| Bybit LYNUSDTshort | +0.0235% | 4h | 0.03936 | +0.394% | $1.7M | $1.8M | 25x | |
| BloFin LYN-USDT | +0.0340% | 4h | 0.03940 | +0.496% | $402K | $11K | 20x | as long as short |
| BingX LYN-USDT | +0.0358% | 4h | 0.03930 | +0.241% | — | $6.6M | — | as long as short |
Binance LYNUSDT
Bybit LYNUSDT
Aster LYNUSDT
Gate LYN_USDT
MEXC LYN_USDT
KuCoin LYNUSDTM
Bitget LYNUSDT
Extended LYN-USD
BloFin LYN-USDT
BingX LYN-USDT