Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Bybit−0.134%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2862.863% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now −0.134%, 7d avg −0.115%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REDUSDT | 0.1563 | 0.0100 | pay 0.0050% / 4h | 59m 02s | $1.9M | $2.0M | 25x |
| Short | Binance REDUSDT | 0.1561 | 0.0100 | get 0.0050% / 4h | 59m 02s | $2.3M | $4.2M | 50x |
Bybit REDUSDT
Binance REDUSDTFunding 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: −0.134% → −0.115%
- −$1.97
- Slippage, 4 orders
- −$265.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$288.26
- Costs to cover
- 2.863%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 8 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, 3 min ago | 3.52 bp | 159.9 bp −$160 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.20 bp | 33.8 bp −$34 | 127.8 bp −$1,278 | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0088% | 4h | 0.1564 | +0.032% | $219K | $5K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1562 | −0.061% | $28K | $38K | 5x | as long as short |
| Binance REDUSDTshort | +0.0100% | 4h | 0.1561 | −0.134% | $2.3M | $4.2M | 50x | |
| Bybit REDUSDTlong | +0.0100% | 4h | 0.1563 | long leg | $1.9M | $2.0M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1563 | −0.006% | $355K | $96K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1562 | −0.070% | $763K | $328K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1562 | −0.053% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1599 | +2.297% | $2K | $832K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1560 | −0.220% | $31 | — | 5x | as long as short |
| MEXC RED_USDT | +0.0342% | 4h | 0.1559 | −0.262% | $519K | $169K | 20x | as long as short |
BloFin RED-USDT
Aster REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT