Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05369 | −0.0018 | get 0.0018% / 8h | 2h 10m | $2.7M | $5.5M | 50x | Long Binance | |
| SHORT | 0.05372 | +0.0055 | get 0.0027% / 4h | 2h 10m | $1.4M | $656K | 25x | Short Bybit |
Price gap+0.056%
Funding gap+0.0072% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4+0.0072% /8h now · paid −0.036% over the last 7D
Price$0spread +0.056% now, avg +0.053% → +0.003% if it goes back
Costs−$1221.222% of $10k · taker + slippage, in and out
Result−$126−1.26%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.056%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMINA on 12 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Watch: Thin at this size14.2 / 48.4 bpAt $10k entering Bybit costs 48.4 bp, fee and slippage, 3.4× Binance’s.
- Note: Margin at max leverage$200 + $400Binance 50x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.17Long Binance: 3 payments, +$0.54; short Bybit: 6 payments, +$1.64.
- Note: Gap at its usual level+0.056% vs +0.053%The price leg adds little either way.
- Note: Short leg is thinner$1.4M vs $2.7M OIBoth legs are deep; Bybit is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Bybit YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0017%/8h × 21 periods−$3.61
Price spread+0.056% → +0.053% (7d avg)+$0.30
Slippage, 4 orderslive order books−$101.24
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$125.55
Costs to cover1.222%Break-evennever at this rate
Slippage: Binance: live order book, 16 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.8714.2 bp−$1458.2 bp−$582doesn’t fitdoesn’t fit
SELL · SHORTBybit7.4548.4 bp−$48489.7 bp−$4,897doesn’t fitdoesn’t fit
Closing costs about the same again.

