Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.091%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2422.420% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.091%, 7d avg +0.091%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RONINUSDT | 0.06341 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $1.6M | $2.8M | 50x |
| Short | Bybit RONINUSDT | 0.06347 | 0.0100 | get 0.0050% / 4h | 1h 50m | $175K | $233K | 5x |
Binance RONINUSDT
Bybit RONINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: +0.091% → +0.091%
- $0.02
- Slippage, 4 orders
- −$221.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$242.01
- Costs to cover
- 2.420%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 24 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 Binance live order book, 15 min ago | 3.94 bp | 48.1 bp −$48 | 367.5 bp −$3,675 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 24 min ago | 7.05 bp | 73.2 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
RONIN on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster RONINUSDT | +0.0100% | 4h | 0.06336 | −0.081% | $5K | $5K | 5x | as long as short |
| Binance RONINUSDTlong | +0.0100% | 4h | 0.06341 | long leg | $1.6M | $2.8M | 50x | |
| Bybit RONINUSDTshort | +0.0100% | 4h | 0.06347 | +0.091% | $175K | $233K | 5x |
Aster RONINUSDT