Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.2161 | +0.0100 | pay 0.0050% / 4h | 1h 42m | $8.8M | $24.9M | 75x | Long Binance | |
| SHORT | 2.2154 | +0.0100 | get 0.0050% / 4h | 1h 42m | $7.0M | $4.8M | 25x | Short Bybit |
Price gap−0.032%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$570.0000% /8h now · paid −0.574% over the last 7D
Price−$1spread −0.032% now, avg −0.017% → −0.015% if it goes back
Costs−$470.470% of $10k · taker + slippage, in and out
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−0.032%
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
/8hRAY on 20 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- OK: Fits both order books10.5 / 12.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $400Binance 75x, 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: $0.00Long Binance: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
- Note: Gap at its usual level−0.032% vs −0.017%The price leg adds little either way.
- Note: Short leg is thinner$7.0M vs $8.8M OIBoth legs are deep; Bybit is the smaller one.
- 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−0.0273%/8h × 21 periods−$57.38
Price spread−0.032% → −0.017% (7d avg)−$1.49
Slippage, 4 orderslive order books−$25.99
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$105.87
Costs to cover0.470%Break-evennever at this rate
Slippage: Binance: live order book, 15 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.5810.5 bp−$1027.7 bp−$277doesn’t fitdoesn’t fit
SELL · SHORTBybit1.3612.0 bp−$1245.0 bp−$450doesn’t fitdoesn’t fit
Closing costs about the same again.
Phoenix