Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against Bybit−0.175%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2652.647% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.175%, 7d avg −0.135%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.040% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RLCUSDT | 0.3425 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $420K | $544K | 20x |
| Short | Binance RLCUSDT | 0.3419 | 0.0100 | get 0.0100% / 8h | 2h 39m | $1.6M | $3.4M | 50x |
Bybit RLCUSDT
Binance RLCUSDTFunding 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: −0.175% → −0.135%
- −$4.05
- Slippage, 4 orders
- −$243.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$268.72
- Costs to cover
- 2.647%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 12 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, 1 min ago | 7.30 bp | 118.6 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.35 bp | 30.1 bp −$30 | 152.4 bp −$1,524 | doesn't fit | doesn't fit |
RLC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RLCUSD | −0.0430% | 1h | 0.3420 | −0.148% | $23K | $7K | 10x | as long as short |
| Binance RLCUSDTshort | +0.0100% | 8h | 0.3419 | −0.175% | $1.6M | $3.4M | 50x | |
| Bybit RLCUSDTlong | +0.0100% | 8h | 0.3425 | long leg | $420K | $544K | 20x | |
| Gate RLC_USDT | +0.0100% | 8h | 0.3427 | +0.058% | $40K | $174K | 50x | as long as short |
| MEXC RLC_USDT | +0.0100% | 8h | 0.3418 | −0.204% | $578K | $326K | 50x | as long as short |
| BingX RLC-USDT | +0.0100% | 8h | 0.3425 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni RLC | +0.0100% | 8h | 0.3432 | +0.218% | $27K | $21K | — | as long as short |
Kraken Futures PF_RLCUSD
Gate RLC_USDT
MEXC RLC_USDT
BingX RLC-USDT
Variational Omni RLC