Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: Bybit against Binance+0.046%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2752.748% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.046%, 7d avg +0.057%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PROMPTUSDT | 0.02187 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $1.2M | $2.1M | 40x |
| Short | Bybit PROMPTUSDT | 0.02188 | 0.0100 | get 0.0050% / 4h | 1h 42m | $332K | $223K | 5x |
Binance PROMPTUSDT
Bybit PROMPTUSDTFunding 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
- $0
- Price spread: +0.046% → +0.057%
- −$1.1
- Slippage, 4 orders
- −$253.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$275.85
- Costs to cover
- 2.748%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 57 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, 7 min ago | 4.56 bp | 33.6 bp −$34 | 187.3 bp −$1,873 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 57 min ago | 6.86 bp | 110.6 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
PROMPT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMPTUSDT | +0.0100% | 4h | 0.02184 | −0.119% | $3K | $1K | 5x | as long as short |
| Binance PROMPTUSDTlong | +0.0100% | 4h | 0.02187 | long leg | $1.2M | $2.1M | 40x | |
| Bybit PROMPTUSDTshort | +0.0100% | 4h | 0.02188 | +0.046% | $332K | $223K | 5x | |
| Gate PROMPT_USDT | +0.0100% | 4h | 0.02189 | +0.091% | $553K | $85K | 20x | as long as short |
| MEXC PROMPT_USDT | +0.0100% | 4h | 0.02188 | +0.046% | $105K | $109K | 20x | as long as short |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02189 | +0.091% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02186 | −0.040% | $3K | $6K | — | as long as short |
| KuCoin PROMPTUSDTM | +0.0248% | 4h | 0.02195 | +0.366% | $118K | $81K | 30x | as long as short |
| Kraken Futures PF_PROMPTUSD | +0.0303% | 1h | 0.02187 | −0.018% | $2K | $3K | 10x | as long as short |
Aster PROMPTUSDT
Gate PROMPT_USDT
MEXC PROMPT_USDT
BingX PROMPT-USDT
Variational Omni PROMPT
KuCoin PROMPTUSDTM
Kraken Futures PF_PROMPTUSD