Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.44 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Bybit+0.042%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1371.370% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now +0.042%, 7d avg −0.045%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.087% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEMEUSDT | 0.0006178 | 0.0012 | pay 0.0006% / 4h | 2h 55m | $1.3M | $609K | 50x |
| Short | Binance MEMEUSDT | 0.0006181 | 0.0100 | get 0.0050% / 4h | 2h 55m | $2.5M | $4.7M | 50x |
Bybit MEMEUSDT
Binance MEMEUSDTFunding 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
- $18.53
- Price spread: +0.042% → −0.045%
- $8.66
- Slippage, 4 orders
- −$115.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$109.8
- Costs to cover
- 1.370%
- Break-even
- 48.5 days
Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 12 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, 6 min ago | 4.03 bp | 54.2 bp −$54 | 418.4 bp −$4,184 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.38 bp | 16.9 bp −$17 | 69.7 bp −$697 | doesn't fit | doesn't fit |
MEME 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0006170 | −0.129% | — | — | 100x | as long as short |
| Bybit MEMEUSDTlong | +0.0012% | 4h | 0.0006178 | long leg | $1.3M | $609K | 50x | |
| BloFin MEME-USDT | +0.0043% | 4h | 0.0006177 | −0.016% | $130K | $6K | 50x | as long as short |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006170 | −0.129% | $571K | $162K | 3x | as long as short |
| Binance MEMEUSDTshort | +0.0100% | 4h | 0.0006181 | +0.042% | $2.5M | $4.7M | 50x | |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006173 | −0.081% | $639K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006170 | −0.129% | $431K | $73K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006176 | −0.032% | $929K | $359K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006177 | −0.016% | $185K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006174 | −0.065% | $444K | $771K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
BloFin MEME-USDT
Hyperliquid MEME
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MEME-USDT | +0.0100% | 4h | 0.0006169 | −0.146% | — | $2.4M | — | as long as short |
BingX MEME-USDT