Settings8H · net · $10k
Funding arb · Price arb /

POWER

all POWER markets
SwapBacktest
Alert: funding
Alert: spread
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+0.041%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$438as in the Funding arb table
Net, price: spread back to 7d avg − costs−$398as in the Price arb table
costs, in and out, $10k−$4064.059% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.323%−$32 on $10k
Price spread, last 7 days−0.160%−$16 · spread now +0.041%, 7d avg −0.033%
Together, before fees−0.482%−$48 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.074% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POWERUSDT0.12240.0100pay 0.0050% / 4h1h 43m$2.0M$1.5M20x
ShortBinance POWERUSDT0.12240.0100get 0.0050% / 4h1h 43m$3.6M$5.6M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.041% → −0.033%
$7.39
Slippage, 4 orders
−$384.85
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$398.46
Costs to cover
4.059%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago4.11 bp173.3 bp −$173doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago2.88 bp31.6 bp −$32211.7 bp −$2,117doesn't fitdoesn't fit

POWER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin POWER-USDT+0.0090%4h0.1225+0.057%$212K$129K20xas long as short
Binance POWERUSDTshort+0.0100%4h0.1224+0.041%$3.6M$5.6M20x
Bybit POWERUSDTlong+0.0100%4h0.1224long leg$2.0M$1.5M20x
Gate POWER_USDT+0.0100%8h0.1225+0.074%$230K$117K20xas long as short
MEXC POWER_USDT+0.0100%4h0.1224+0.008%$14.1M$436K20xas long as short
KuCoin POWERUSDTM+0.0100%4h0.1219−0.384%$2.4M$14.8M20xas long as short
Bitget POWERUSDT+0.0100%4h0.1221−0.212%$3.3M$495K20xas long as short
BingX POWER-USDT+0.0100%4h0.1225+0.057%$1.4Mas long as short
Variational Omni POWER+0.0100%4h0.1218−0.467%$18K$3Kas long as short
Aster POWERUSDT+0.0205%4h0.1219−0.429%$24K$28K5xas long as short