Funding you earn now, next payment 00:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.023%
Price spread now: Bybit against Binance−0.020%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.020%, 7d avg +0.012%
=Funding pays, the price is against you. Bybit is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.012%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.077% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUBARAKUSDT | 0.04408 | 0.0100 | pay 0.0050% / 4h | 30m 32s | $15.9M | $86.3M | 25x |
| Short | Bybit MUBARAKUSDT | 0.04407 | 0.0246 | get 0.0123% / 4h | 30m 32s | $3.4M | $10.6M | 25x |
Binance MUBARAKUSDT
Bybit MUBARAKUSDTFunding 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
- $30.6
- Price spread: −0.020% → +0.012%
- −$3.28
- Slippage, 4 orders
- −$103.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.54
- Costs to cover
- 1.249%
- Break-even
- 29.3 days
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 3 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, 12 min ago | 2.27 bp | 13.9 bp −$14 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.20 bp | 44.0 bp −$44 | 162.9 bp −$1,629 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MUBARAKUSDTlong | +0.0100% | 4h | 0.04408 | long leg | $15.9M | $86.3M | 25x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04403 | −0.116% | $2.6M | $53.3M | 20x | as long as short |
| MEXC MUBARAK_USDT | +0.0100% | 4h | 0.04404 | −0.091% | $869K | $1.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04402 | −0.136% | $2.7M | $7.1M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04404 | −0.094% | $13K | $51K | — | as long as short |
| Aster MUBARAKUSDT | +0.0214% | 4h | 0.04398 | −0.218% | $21K | $394K | 5x | as long as short |
| Bybit MUBARAKUSDTshort | +0.0246% | 4h | 0.04407 | −0.020% | $3.4M | $10.6M | 25x | |
| BingX MUBARAK-USDT | +0.0268% | 4h | 0.04406 | −0.045% | — | $3.1M | — | as long as short |
| Gate MUBARAK_USDT | +0.1020% | 4h | 0.04406 | −0.045% | $7.0M | $5.4M | 50x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1554% | 4h | 0.04403 | −0.113% | $1.6M | $1.0M | 30x | as long as short |
OKX MUBARAK-USDT-SWAP
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
BingX MUBARAK-USDT
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.1916% | 1h | 0.04407 | −0.028% | $66K | $418K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD