Funding you earn now, next payment 04:00 UTC−0.0374%/8h= −41.0% APRnext payment −$1.87 per $10,000 · paid last 24h −0.085%
Price spread now: Binance against Bybit+0.151%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days−0.127%−$13 · spread now +0.151%, 7d avg +0.001%
=The price spread pays, funding is against you. Binance is 0.150% dearer against Bybit than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.001%): +$15 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.098% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.87 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 | Bybit MARSCOINUSDT | 0.1035 | 0.0474 | pay 0.0237% / 4h | 2h 26m | $7.2M | $14.4M | 20x |
| Short | Binance MARSCOINUSDT | 0.1037 | 0.0100 | get 0.0050% / 4h | 2h 26m | $22.9M | $60.5M | 20x |
Bybit MARSCOINUSDT
Binance MARSCOINUSDTFunding 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
- −$78.58
- Price spread: +0.151% → +0.001%
- $14.99
- Slippage, 4 orders
- −$105.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$189.67
- Costs to cover
- 1.261%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 16 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, 2 min ago | 0.96 bp | 34.3 bp −$34 | 116.1 bp −$1,161 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 1.46 bp | 23.9 bp −$24 | 89.9 bp −$899 | doesn't fit | doesn't fit |
MARSCOIN 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 MARSCOINUSDTshort | +0.0100% | 4h | 0.1037 | +0.151% | $22.9M | $60.5M | 20x | |
| Gate MARSCOIN_USDT | +0.0100% | 4h | 0.1036 | +0.126% | $1.7M | $2.3M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0100% | 4h | 0.1037 | +0.155% | $3.2M | $1.2M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1038 | +0.319% | — | $776K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1042 | +0.676% | $102K | $710K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1038 | +0.329% | $1.5M | $2.6M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0382% | 4h | 0.1037 | +0.152% | $614K | $926K | 10x | as long as short |
| Bitget MARSCOINUSDT | +0.0386% | 4h | 0.1038 | +0.329% | $2.3M | $7.0M | 20x | as long as short |
| Bybit MARSCOINUSDTlong | +0.0474% | 4h | 0.1035 | long leg | $7.2M | $14.4M | 20x | |
| BingX MARSCOIN-USDT | +0.0526% | 4h | 0.1037 | +0.232% | — | $1.2M | — | as long as short |
Gate MARSCOIN_USDT
MEXC MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
Aster MARSCOINUSDT
Bitget MARSCOINUSDT
BingX MARSCOIN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MARSCOINUSDTM | +0.0530% | 4h | 0.1038 | +0.290% | $1.3M | $2.5M | 20x | as long as short |
KuCoin MARSCOINUSDTM