Funding you earn now, next payment 08:00 UTC−0.0283%/8h= −31.0% APRnext payment −$1.42 per $10,000 · paid last 24h −0.023%
Price spread now: Binance against Bybit−0.313%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1231.232% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.168%+$17 · spread now −0.313%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.305% cheaper against Bybit than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.077% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.42 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 MUBARAKUSDT | 0.05567 | 0.1043 | pay 0.0522% / 4h | 47m 06s | $5.4M | $28.0M | 25x |
| Short | Binance MUBARAKUSDT | 0.05549 | 0.0760 | get 0.0380% / 4h | 47m 06s | $25.0M | $207.7M | 25x |
Bybit MUBARAKUSDT
Binance MUBARAKUSDTFunding 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
- −$59.44
- Price spread: −0.313% → −0.008%
- −$30.49
- Slippage, 4 orders
- −$102.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$213.12
- Costs to cover
- 1.232%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 11 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, 2 min ago | 3.19 bp | 41.0 bp −$41 | 134.4 bp −$1,344 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.50 bp | 17.2 bp −$17 | 79.6 bp −$796 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0160% | 4h | 0.05570 | +0.057% | $4.4M | $119.4M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0240% | 4h | 0.05550 | −0.306% | $13K | $69K | — | as long as short |
| Bitget MUBARAKUSDT | +0.0338% | 4h | 0.05566 | −0.013% | $3.8M | $19.2M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0662% | 4h | 0.05559 | −0.136% | $16K | $885K | 5x | as long as short |
| MEXC MUBARAK_USDT | +0.0738% | 4h | 0.05550 | −0.300% | $1.7M | $2.6M | 50x | as long as short |
| Binance MUBARAKUSDTshort | +0.0760% | 4h | 0.05549 | −0.313% | $25.0M | $207.7M | 25x | |
| BingX MUBARAK-USDT | +0.0904% | 4h | 0.05564 | −0.049% | — | $4.5M | — | as long as short |
| Bybit MUBARAKUSDTlong | +0.1043% | 4h | 0.05567 | long leg | $5.4M | $28.0M | 25x | |
| KuCoin MUBARAKUSDTM | +0.1540% | 4h | 0.05563 | −0.066% | $2.9M | $3.3M | 30x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.2303% | 1h | 0.05544 | −0.415% | $72K | $732K | 10x | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
MEXC MUBARAK_USDT
BingX MUBARAK-USDT
KuCoin MUBARAKUSDTM
Kraken Futures PF_MUBARAKUSDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2422% | 4h | 0.05568 | +0.023% | $9.6M | $12.6M | 50x | as long as short |
Gate MUBARAK_USDT