Funding you earn now, next payment 08:00 UTC−0.0572%/8h= −62.7% APRnext payment −$2.86 per $10,000 · paid last 24h −0.071%
Price spread now: Bybit against Binance−0.223%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$839as in the Funding arb table
Net, price: spread back to 7d avg − costs−$828as in the Price arb table
costs, in and out, $10k−$8158.149% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.223%, 7d avg −0.090%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.133% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.090%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.242% in total (about -12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.86 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 | Binance NOMUSDT | 0.001796 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $3.4M | $3.1M | 10x |
| Short | Bybit NOMUSDT | 0.001792 | −0.0472 | pay 0.0236% / 4h | 3h 33m | $672K | $243K | 25x |
Binance NOMUSDT
Bybit NOMUSDTFunding 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
- −$120.15
- Price spread: −0.223% → −0.090%
- −$13.29
- Slippage, 4 orders
- −$793.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$948.35
- Costs to cover
- 8.149%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: 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 Binance live order book, 3 min ago | 2.79 bp | 25.9 bp −$26 | 296.8 bp −$2,968 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 12 min ago | 8.36 bp | 461.8 bp −$462 | doesn't fit | doesn't fit | doesn't fit |
NOM on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NOMUSDTshort | −0.0472% | 4h | 0.001792 | −0.223% | $672K | $243K | 25x | |
| Aster NOMUSDT | +0.0100% | 4h | 0.001798 | +0.094% | $7K | $4K | 5x | as long as short |
| Binance NOMUSDTlong | +0.0100% | 4h | 0.001796 | long leg | $3.4M | $3.1M | 10x | |
| Gate NOM_USDT | +0.0100% | 4h | 0.001794 | −0.111% | $206K | $40K | 10x | as long as short |
| MEXC NOM_USDT | +0.0100% | 4h | 0.001795 | −0.056% | $393K | $193K | 20x | as long as short |
| BloFin NOM-USDT | +0.0100% | 4h | 0.001796 | 0.000% | $320K | $8K | 20x | as long as short |
| KuCoin NOMUSDTM | +0.0188% | 4h | 0.001794 | −0.111% | $471K | $84K | 20x | as long as short |
Aster NOMUSDT
Gate NOM_USDT
MEXC NOM_USDT
BloFin NOM-USDT
KuCoin NOMUSDTM