Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.08939 | +0.0100 | pay 0.0050% / 4h | 8m 22s | $1.8M | $2.4M | 50x | Long Binance | |
| SHORT | 0.08904 | +0.0100 | get 0.0050% / 4h | 8m 22s | $1.8M | $607K | 25x | Short Bybit |
Price gap−0.403%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.128% under its 7d average: the price leg works against you, −$13 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$110.0000% /8h now · paid −0.113% over the last 7D
Price−$13spread −0.403% now, avg −0.275% → −0.128% if it goes back
Costs−$2122.118% of $10k · taker + slippage, in and out
Result−$236−2.36%no points
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−0.403%
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
/8hSAFE on 8 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size34.3 / 76.7 bpAt $10k entering Bybit costs 76.7 bp, fee and slippage, 2.2× Binance’s.
- Note: Margin at max leverage$200 + $400Binance 50x, 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.
- Watch: Gap narrower than usual−0.403% vs −0.275%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$1.8M vs $1.8M OIBoth legs are deep; Binance 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−0.0054%/8h × 21 periods−$11.30
Price spread−0.403% → −0.275% (7d avg)−$12.76
Slippage, 4 orderslive order books−$190.75
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$235.81
Costs to cover2.118%Break-evennever at this rate
Slippage: Binance: live order book, 3 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.4834.3 bp−$34190.7 bp−$1,907doesn’t fitdoesn’t fit
SELL · SHORTBybit5.0776.7 bp−$77343.2 bp−$3,432doesn’t fitdoesn’t fit
Closing costs about the same again.

