Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.308%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1811.809% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.299%−$30 · spread now +0.308%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.315% dearer against Binance than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000SATSUSDT | 0.00000001234 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $2.2M | $5.2M | 25x |
| Short | Bybit 10000SATSUSDT | 0.00000001238 | 0.0100 | get 0.0050% / 4h | 3h 18m | $286K | $863K | 13x |
Funding 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: +0.308% → −0.007%
- $31.49
- Slippage, 4 orders
- −$159.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$149.44
- Costs to cover
- 1.809%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 52 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, 4 min ago | 4.05 bp | 25.7 bp −$26 | 372.5 bp −$3,725 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 52 min ago | 5.31 bp | 63.8 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
SATS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget 1000SATSUSDT | −0.0010% | 4h | 0.00000001237 | +0.243% | $725K | $219K | 25x | as long as short |
| Binance 1000SATSUSDTlong | +0.0100% | 4h | 0.00000001234 | long leg | $2.2M | $5.2M | 25x | |
| Bybit 10000SATSUSDTshort | +0.0100% | 4h | 0.00000001238 | +0.308% | $286K | $863K | 13x | |
| OKX SATS-USDT-SWAP | +0.0100% | 8h | 0.00000001236 | +0.162% | $838K | $3.0M | 10x | as long as short |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001235 | +0.081% | $357K | $240K | 25x | as long as short |
| MEXC SATS_USDT | +0.0100% | 8h | 0.00000001237 | +0.243% | $381K | $181K | 100x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001235 | +0.081% | $208K | $86K | 10x | as long as short |
| BingX 10000SATS-USDT | +0.0100% | 4h | 0.00000001237 | +0.243% | — | $90.3M | — | as long as short |
Binance 1000SATSUSDT
Bybit 10000SATSUSDT
Bitget 1000SATSUSDT
OKX SATS-USDT-SWAP
Gate SATS_USDT
MEXC SATS_USDT
KuCoin 10000SATSUSDTM
BingX 10000SATS-USDT