Funding you earn now, next payment 08:00 UTC0.0000%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.057%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$311as in the Price arb table
costs, in and out, $10k−$3133.131% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.057%, 7d avg −0.077%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.021% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RAREUSDT | 0.01328 | 0.0100 | pay 0.0050% / 4h | 41m 19s | $311K | $89K | 25x |
| Short | Binance RAREUSDT | 0.01327 | 0.0100 | get 0.0050% / 4h | 41m 19s | $1.6M | $1.1M | 25x |
Bybit RAREUSDT
Binance RAREUSDTFunding 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
- −$0.1
- Price spread: −0.057% → −0.077%
- $2.06
- Slippage, 4 orders
- −$292.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$311.12
- Costs to cover
- 3.131%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 53 min ago; Binance: live order book, 7 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, 53 min ago | 3.04 bp | 124.9 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.77 bp | 35.6 bp −$36 | 250.9 bp −$2,509 | doesn't fit | doesn't fit |
RARE on 11 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 RARE-USDT | +0.0070% | 4h | 0.01327 | −0.053% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01327 | −0.075% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDTshort | +0.0100% | 4h | 0.01327 | −0.057% | $1.6M | $1.1M | 25x | |
| Gate RARE_USDT | +0.0100% | 4h | 0.01326 | −0.128% | $49K | $27K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01326 | −0.128% | $586K | $170K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01329 | +0.098% | $203K | $70K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01326 | −0.128% | $234K | $71K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01329 | +0.090% | $1K | $2K | — | as long as short |
| Bybit RAREUSDTlong | +0.0100% | 4h | 0.01328 | long leg | $311K | $89K | 25x | |
| BloFin RARE-USDT | +0.0126% | 4h | 0.01326 | −0.128% | $105K | $12K | 25x | as long as short |
BingX RARE-USDT
Aster RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RARE
BloFin RARE-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.1794% | 1h | 0.01339 | +0.871% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD