Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05366 | +0.0100 | pay 0.0050% / 4h | 2h 20m | $1.5M | $805K | 50x | Long Binance | |
| SHORT | 0.05367 | −0.0081 | pay 0.0041% / 4h | 2h 20m | $157K | $32K | 5x | Short Bybit |
Price gap+0.021%
Funding gap−0.0181% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.036% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27−0.0181% /8h now · paid −0.272% over the last 7D
Price−$4spread +0.021% now, avg +0.057% → −0.036% if it goes back
Costs−$2262.263% 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+0.021%
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
/8hRON on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size43.1 / 66.2 bpAt $10k entering Bybit costs 66.2 bp, fee and slippage, 1.5× Binance’s.
- Note: Margin at max leverage$200 + $2,000Binance 50x, Bybit 5x. 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: −$5.44Long Binance: 6 payments, −$3.00; short Bybit: 6 payments, −$2.44.
- Watch: Gap narrower than usual+0.021% vs +0.057%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$157K vs $1.5M 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−0.0130%/8h × 21 periods−$27.22
Price spread+0.021% → +0.057% (7d avg)−$3.61
Slippage, 4 orderslive order books−$205.28
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$257.11
Costs to cover2.263%Break-evennever at this rate
Slippage: Binance: live order book, 7 min ago; Bybit: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance2.8043.1 bp−$43348.5 bp−$3,485doesn’t fitdoesn’t fit
SELL · SHORTBybit6.5266.2 bp−$66doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
MEXC