Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.005%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2312.309% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.005%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.068% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PORTALUSDT | 0.01974 | 0.0100 | pay 0.0050% / 4h | 45m 38s | $1.3M | $896K | 20x |
| Short | Binance PORTALUSDT | 0.01974 | 0.0100 | get 0.0050% / 4h | 45m 38s | $3.2M | $5.2M | 10x |
Bybit PORTALUSDT
Binance PORTALUSDTFunding 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
- $0
- Price spread: +0.005% → −0.063%
- $6.76
- Slippage, 4 orders
- −$209.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$224.16
- Costs to cover
- 2.309%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 7 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, 5 min ago | 2.03 bp | 83.5 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.54 bp | 27.6 bp −$28 | 178.9 bp −$1,789 | doesn't fit | doesn't fit |
PORTAL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PORTAL-USDT | +0.0075% | 4h | 0.01969 | −0.248% | $205K | $17K | 10x | as long as short |
| Aster PORTALUSDT | +0.0100% | 4h | 0.01972 | −0.076% | $12K | $41K | 5x | as long as short |
| Binance PORTALUSDTshort | +0.0100% | 4h | 0.01974 | +0.005% | $3.2M | $5.2M | 10x | |
| Bybit PORTALUSDTlong | +0.0100% | 4h | 0.01974 | long leg | $1.3M | $896K | 20x | |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.01973 | −0.046% | $893K | $388K | 50x | as long as short |
| KuCoin PORTALUSDTM | +0.0100% | 4h | 0.01971 | −0.147% | $339K | $113K | 10x | as long as short |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.01972 | −0.096% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.01972 | −0.110% | $1K | $6K | — | as long as short |
| Kraken Futures PF_PORTALUSD | +0.0711% | 1h | 0.01972 | −0.089% | $40K | $203K | 10x | as long as short |
BloFin PORTAL-USDT
Aster PORTALUSDT
MEXC PORTAL_USDT
KuCoin PORTALUSDTM
BingX PORTAL-USDT
Variational Omni PORTAL
Kraken Futures PF_PORTALUSD