Funding you earn now, next payment 04:00 UTC−0.0540%/8h= −59.1% APRnext payment −$2.70 per $10,000 · paid last 24h +0.220%
Price spread now: Binance against Bybit−0.275%7-day average −0.185% · you buy dearer than you sell
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$386as in the Price arb table
costs, in and out, $10k−$3773.765% of the position
Funding, last 7 days+1.267%+$127 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now −0.275%, 7d avg −0.185%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Binance is 0.090% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.185%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.267%, 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 LYNUSDT | 0.03995 | 0.0640 | pay 0.0320% / 4h | 52m 37s | $1.8M | $1.9M | 25x |
| Short | Binance LYNUSDT | 0.03984 | 0.0100 | get 0.0050% / 4h | 52m 37s | $6.2M | $8.5M | 10x |
Bybit LYNUSDT
Binance LYNUSDTFunding 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
- −$113.43
- Price spread: −0.275% → −0.185%
- −$9
- Slippage, 4 orders
- −$355.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$498.94
- Costs to cover
- 3.765%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: 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 Bybit live order book, 4 min ago | 6.30 bp | 142.5 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 3.78 bp | 40.5 bp −$40 | 183.8 bp −$1,838 | 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 | 0.03974 | −0.523% | $24K | $24K | 5x | as long as short |
| Binance LYNUSDTshort | +0.0100% | 4h | 0.03984 | −0.275% | $6.2M | $8.5M | 10x | |
| Gate LYN_USDT | +0.0100% | 4h | 0.03984 | −0.275% | $273K | $231K | 25x | as long as short |
| MEXC LYN_USDT | +0.0100% | 4h | 0.03989 | −0.150% | $1.2M | $416K | 50x | as long as short |
| KuCoin LYNUSDTM | +0.0100% | 4h | 0.03977 | −0.451% | $1.2M | $163K | 10x | as long as short |
| Extended LYN-USD | +0.0104% | 1h | 0.03982 | −0.328% | $7K | $166K | 5x | as long as short |
| Bitget LYNUSDT | +0.0256% | 4h | 0.04006 | +0.275% | $1.7M | $606K | 10x | as long as short |
| BloFin LYN-USDT | +0.0340% | 4h | 0.03961 | −0.851% | $408K | $11K | 20x | as long as short |
| BingX LYN-USDT | +0.0576% | 4h | 0.03991 | −0.100% | — | $6.6M | — | as long as short |
| Bybit LYNUSDTlong | +0.0640% | 4h | 0.03995 | long leg | $1.8M | $1.9M | 25x |
Aster LYNUSDT
Gate LYN_USDT
MEXC LYN_USDT
KuCoin LYNUSDTM
Extended LYN-USD
Bitget LYNUSDT
BloFin LYN-USDT
BingX LYN-USDT