Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01125 | +0.0100 | pay 0.0050% / 4h | 8m 08s | $1.2M | $843K | 10x | Long Binance | |
| SHORT | 0.01127 | +0.0417 | get 0.0209% / 4h | 8m 08s | $364K | $72K | 25x | Short Bybit |
Price gap+0.245%
Funding gap+0.0317% /8h
Both sides work: funding pays +$10 a day on $10k, and the gap is 0.153% above its 7d average: +$15 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0317% /8h now · paid +0.028% over the last 7D
Price+$15spread +0.245% now, avg +0.092% → +0.153% if it goes back
Costs−$2502.501% of $10k · taker + slippage, in and out
Result−$232−2.32%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.028% in total, about +0.0013%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.245%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hRARE on 9 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size35.5 / 95.7 bpAt $10k entering Bybit costs 95.7 bp, fee and slippage, 2.7× Binance’s.
- Note: Margin at max leverage$1,000 + $400Binance 10x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$9.51Long Binance: 6 payments, −$3.00; short Bybit: 6 payments, +$12.51.
- OK: Entry gap works for you+0.245% vs +0.092%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$364K vs $1.2M OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Bybit YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0013%/8h × 21 periods+$2.79
Price spread+0.245% → +0.092% (7d avg)+$15.27
Slippage, 4 orderslive order books−$229.07
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$232.00
Costs to cover2.501%Break-even588.1 days
Slippage: Binance: live order book, 15 min ago; Bybit: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.4535.5 bp−$35654.3 bp−$6,543doesn’t fitdoesn’t fit
SELL · SHORTBybit6.2495.7 bp−$96doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
BloFin