Funding you earn now, next payment 04:00 UTC+0.0654%/8h= +71.6% APRnext payment +$3.27 per $10,000 · paid last 24h +0.194%
Price spread now: Binance against Bybit+0.123%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2282.276% of the position
Funding, last 7 days+0.308%+$31 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.123%, 7d avg +0.147%
=Funding pays, the price is against you. Binance is 0.024% cheaper against Bybit than usual: you would sell low and buy high (spread +0.123% now, against its 7-day average of +0.147%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.308% in total) that is about 13 hours.
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 +$3.27 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 MAVIAUSDT | 0.03260 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $1.3M | $314K | 25x |
| Short | Binance MAVIAUSDT | 0.03264 | 0.0754 | get 0.0377% / 4h | 2h 05m | $1.6M | $970K | 10x |
Bybit MAVIAUSDT
Binance MAVIAUSDTFunding 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
- $137.37
- Price spread: +0.123% → +0.147%
- −$2.43
- Slippage, 4 orders
- −$206.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$92.64
- Costs to cover
- 2.276%
- Break-even
- 11.7 days
Slippage from Bybit: live order book, just now; Binance: live order book, 13 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, just now | 7.66 bp | 66.2 bp −$66 | 2649.9 bp −$26.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 4.59 bp | 52.0 bp −$52 | 394.1 bp −$3,941 | 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 MAVIAUSDTlong | +0.0100% | 4h | 0.03260 | long leg | $1.3M | $314K | 25x | |
| Gate MAVIA_USDT | +0.0100% | 4h | 0.03261 | +0.031% | $127K | $64K | 25x | as long as short |
| KuCoin MAVIAUSDTM | +0.0100% | 4h | 0.03259 | −0.031% | $161K | $44K | 10x | as long as short |
| Variational Omni MAVIA | +0.0100% | 4h | 0.03258 | −0.048% | $3K | $617 | — | as long as short |
| BingX MAVIA-USDT | +0.0718% | 4h | 0.03261 | +0.031% | — | $1.2M | — | as long as short |
| MEXC MAVIA_USDT | +0.0754% | 4h | 0.03265 | +0.153% | $215K | $109K | 100x | as long as short |
| Binance MAVIAUSDTshort | +0.0754% | 4h | 0.03264 | +0.123% | $1.6M | $970K | 10x |
Gate MAVIA_USDT
KuCoin MAVIAUSDTM
Variational Omni MAVIA
BingX MAVIA-USDT
MEXC MAVIA_USDT