Funding you earn now, next payment 04:00 UTC−0.0758%/8h= −83.0% APRnext payment −$3.79 per $10,000 · paid last 24h −0.194%
Price spread now: Bybit against Binance−0.215%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1811.806% of the position
Funding, last 7 days−0.308%−$31 on $10k
+Price spread, last 7 days+0.187%+$19 · spread now −0.215%, 7d avg −0.146%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.069% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.146%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.308% in total (about -16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.79 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 | Binance MAVIAUSDT | 0.03257 | 0.0858 | pay 0.0429% / 4h | 3h 40m | $1.6M | $990K | 10x |
| Short | Bybit MAVIAUSDT | 0.03250 | 0.0100 | get 0.0050% / 4h | 3h 40m | $1.3M | $311K | 25x |
Binance MAVIAUSDT
Bybit MAVIAUSDTFunding 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
- −$159.24
- Price spread: −0.215% → −0.146%
- −$6.89
- Slippage, 4 orders
- −$159.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$346.7
- Costs to cover
- 1.806%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 5 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, 7 min ago | 3.08 bp | 45.8 bp −$46 | 583.8 bp −$5,838 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.61 bp | 49.0 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
MAVIA on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAVIAUSDTshort | +0.0100% | 4h | 0.03250 | −0.215% | $1.3M | $311K | 25x | |
| Gate MAVIA_USDT | +0.0100% | 4h | 0.03258 | +0.031% | $136K | $60K | 25x | as long as short |
| KuCoin MAVIAUSDTM | +0.0100% | 4h | 0.03246 | −0.338% | $165K | $43K | 10x | as long as short |
| Variational Omni MAVIA | +0.0100% | 4h | 0.03253 | −0.108% | $3K | $617 | — | as long as short |
| BingX MAVIA-USDT | +0.0786% | 4h | 0.03256 | −0.031% | — | $1.2M | — | as long as short |
| MEXC MAVIA_USDT | +0.0842% | 4h | 0.03257 | 0.000% | $216K | $107K | 100x | as long as short |
| Binance MAVIAUSDTlong | +0.0858% | 4h | 0.03257 | long leg | $1.6M | $990K | 10x |
Gate MAVIA_USDT
KuCoin MAVIAUSDTM
Variational Omni MAVIA
BingX MAVIA-USDT
MEXC MAVIA_USDT