Funding you earn now, next payment 12:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.346%
Price spread now: Binance against Bybit+0.110%7-day average −0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2612.615% of the position
Funding, last 7 days−0.657%−$66 on $10k
+Price spread, last 7 days−0.669%−$67 · spread now +0.110%, 7d avg −0.201%
=The price spread pays, funding is against you. Binance is 0.310% dearer against Bybit than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of −0.201%): +$31 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POWRUSDT | 0.06377 | 0.0404 | pay 0.0202% / 4h | 3h 22m | $918K | $540K | 13x |
| Short | Binance POWRUSDT | 0.06384 | 0.0100 | get 0.0050% / 4h | 3h 22m | $1.4M | $2.2M | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$63.81
- Price spread: +0.110% → −0.201%
- $31.05
- Slippage, 4 orders
- −$240.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$294.23
- Costs to cover
- 2.615%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 33 min ago; Binance: 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 Bybit live order book, 33 min ago | 3.93 bp | 88.9 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.58 bp | 32.5 bp −$33 | 133.5 bp −$1,335 | doesn't fit | doesn't fit |
POWR on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX POWR-USDT | +0.0070% | 4h | 0.06380 | +0.047% | — | $1.3M | — | as long as short |
| Aster POWRUSDT | +0.0100% | 4h | 0.06377 | −0.003% | $13K | $44K | 5x | as long as short |
| Binance POWRUSDTshort | +0.0100% | 4h | 0.06384 | +0.110% | $1.4M | $2.2M | 50x | |
| Gate POWR_USDT | +0.0100% | 4h | 0.06352 | −0.392% | $106K | $28K | 10x | as long as short |
| MEXC POWR_USDT | +0.0100% | 4h | 0.06384 | +0.110% | $1.1M | $112K | 50x | as long as short |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06388 | +0.172% | $643K | $104K | 30x | as long as short |
| Bitget POWRUSDT | +0.0100% | 4h | 0.06376 | −0.016% | $372K | $202K | 50x | as long as short |
| Bybit POWRUSDTlong | +0.0404% | 4h | 0.06377 | long leg | $918K | $540K | 13x | |
| Variational Omni POWR | +0.0450% | 4h | 0.06342 | −0.553% | $508 | $2K | — | as long as short |
| Kraken Futures PF_POWRUSD | +0.1178% | 1h | 0.06411 | +0.541% | $16K | $11K | 10x | as long as short |
Bybit POWRUSDT
Binance POWRUSDT
BingX POWR-USDT
Aster POWRUSDT
Gate POWR_USDT
MEXC POWR_USDT
KuCoin POWRUSDTM
Bitget POWRUSDT
Variational Omni POWR
Kraken Futures PF_POWRUSD