Settings8H · net · $10k
Funding arb · Price arb /

SATS

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.283%−$28 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000SATSUSDT0.000000012340.0100pay 0.0050% / 4h3h 18m$2.2M$5.2M25x
ShortBybit 10000SATSUSDT0.000000012380.0100get 0.0050% / 4h3h 18m$286K$863K13x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago4.05 bp25.7 bp −$26372.5 bp −$3,725doesn't fitdoesn't fit
Sell Bybit live order book, 52 min ago5.31 bp63.8 bp −$64doesn't fitdoesn't fitdoesn't fit

SATS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget 1000SATSUSDT−0.0010%4h0.00000001237+0.243%$725K$219K25xas long as short
Binance 1000SATSUSDTlong+0.0100%4h0.00000001234long leg$2.2M$5.2M25x
Bybit 10000SATSUSDTshort+0.0100%4h0.00000001238+0.308%$286K$863K13x
OKX SATS-USDT-SWAP+0.0100%8h0.00000001236+0.162%$838K$3.0M10xas long as short
Gate SATS_USDT+0.0100%4h0.00000001235+0.081%$357K$240K25xas long as short
MEXC SATS_USDT+0.0100%8h0.00000001237+0.243%$381K$181K100xas long as short
KuCoin 10000SATSUSDTM+0.0100%4h0.00000001235+0.081%$208K$86K10xas long as short
BingX 10000SATS-USDT+0.0100%4h0.00000001237+0.243%$90.3Mas long as short