Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.222%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2692.686% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.222%, 7d avg −0.095%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.127% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MAVUSDT | 0.01170 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $561K | $93K | 20x |
| Short | Binance MAVUSDT | 0.01167 | 0.0100 | get 0.0100% / 8h | 3h 31m | $1.5M | $640K | 10x |
Funding 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
- $0
- Price spread: −0.222% → −0.095%
- −$12.69
- Slippage, 4 orders
- −$247.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$281.34
- Costs to cover
- 2.686%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 13 min ago; Binance: 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 Bybit live order book, 13 min ago | 5.12 bp | 121.4 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.14 bp | 26.2 bp −$26 | 312.1 bp −$3,121 | doesn't fit | doesn't fit |
MAV on 8 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 MAVUSDTshort | +0.0100% | 8h | 0.01167 | −0.222% | $1.5M | $640K | 10x | |
| Bybit MAVUSDTlong | +0.0100% | 8h | 0.01170 | long leg | $561K | $93K | 20x | |
| MEXC MAV_USDT | +0.0100% | 8h | 0.01166 | −0.342% | $508K | $99K | 50x | as long as short |
| KuCoin MAVUSDTM | +0.0100% | 8h | 0.01171 | +0.085% | $51K | $13K | 10x | as long as short |
| BingX MAV-USDT | +0.0100% | 8h | 0.01169 | −0.111% | — | $1.2M | — | as long as short |
| Variational Omni MAV | +0.0100% | 8h | 0.01170 | −0.030% | $2K | $3K | — | as long as short |
| Bitget MAVUSDT | +0.0110% | 8h | 0.01170 | 0.000% | $963K | $44K | 10x | as long as short |
| Gate MAV_USDT | +0.0687% | 8h | 0.01164 | −0.513% | $228K | $9K | 10x | as long as short |
Bybit MAVUSDT
Binance MAVUSDT
MEXC MAV_USDT
KuCoin MAVUSDTM
BingX MAV-USDT
Variational Omni MAV
Bitget MAVUSDT
Gate MAV_USDT