Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.079%
Price spread now: Binance against Bybit−0.135%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3283.284% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.135%, 7d avg −0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.073% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PROMPTUSDT | 0.02223 | 0.0100 | pay 0.0050% / 4h | 52m 01s | $333K | $157K | 5x |
| Short | Binance PROMPTUSDT | 0.02220 | 0.0100 | get 0.0050% / 4h | 52m 01s | $1.2M | $1.4M | 40x |
Bybit PROMPTUSDT
Binance PROMPTUSDTFunding 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: −0.135% → −0.062%
- −$7.34
- Slippage, 4 orders
- −$307.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$335.71
- Costs to cover
- 3.284%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 62 min ago; Binance: live order book, 11 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, 62 min ago | 6.79 bp | 126.1 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.28 bp | 27.7 bp −$28 | 138.0 bp −$1,380 | 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 | 0.02221 | −0.108% | $3K | $150 | 5x | as long as short |
| Binance PROMPTUSDTshort | +0.0100% | 4h | 0.02220 | −0.135% | $1.2M | $1.4M | 40x | |
| Bybit PROMPTUSDTlong | +0.0100% | 4h | 0.02223 | long leg | $333K | $157K | 5x | |
| MEXC PROMPT_USDT | +0.0100% | 4h | 0.02218 | −0.225% | $111K | $97K | 20x | as long as short |
| KuCoin PROMPTUSDTM | +0.0100% | 4h | 0.02211 | −0.540% | $78K | $70K | 30x | as long as short |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02221 | −0.090% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02205 | −0.804% | $3K | $4K | — | as long as short |
| Gate PROMPT_USDT | +0.0472% | 4h | 0.02225 | +0.090% | $550K | $60K | 20x | as long as short |
| Kraken Futures PF_PROMPTUSD | +3.9495% | 1h | 0.02221 | −0.102% | $2K | $2K | 10x | as long as short |
Aster PROMPTUSDT
MEXC PROMPT_USDT
KuCoin PROMPTUSDTM
BingX PROMPT-USDT
Variational Omni PROMPT
Gate PROMPT_USDT
Kraken Futures PF_PROMPTUSD