Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Bybit+0.013%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1451.447% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 7 days−0.139%−$14 · spread now +0.013%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.088% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07464 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $1.5M | $741K | 25x |
| Short | Binance MEUSDT | 0.07465 | 0.0100 | get 0.0050% / 4h | 2h 07m | $2.1M | $4.0M | 50x |
Bybit MEUSDT
Binance MEUSDTFunding 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: +0.013% → −0.074%
- $8.77
- Slippage, 4 orders
- −$123.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$135.89
- Costs to cover
- 1.447%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 14 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 | 6.69 bp | 46.0 bp −$46 | 279.8 bp −$2,798 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.00 bp | 20.5 bp −$21 | 73.6 bp −$736 | doesn't fit | doesn't fit |
ME on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07465 | +0.013% | $237K | $98K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07462 | −0.024% | $13K | $20K | 5x | as long as short |
| Binance MEUSDTshort | +0.0100% | 4h | 0.07465 | +0.013% | $2.1M | $4.0M | 50x | |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07464 | long leg | $1.5M | $741K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07460 | −0.054% | $491K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07470 | +0.080% | $191K | $72K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07466 | +0.027% | $481K | $134K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07464 | 0.000% | $207K | $29K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07472 | +0.107% | $641K | $418K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07462 | −0.027% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07470 | +0.083% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07466 | +0.030% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP