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: Binance against Bybit−0.129%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1911.912% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.129%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.135% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 10000SATSUSDT | 0.00000001242 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $286K | $876K | 13x |
| Short | Binance 1000SATSUSDT | 0.00000001240 | 0.0100 | get 0.0050% / 4h | 2h 28m | $2.2M | $5.3M | 25x |
Bybit 10000SATSUSDT
Binance 1000SATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.129% → +0.006%
- −$13.53
- Slippage, 4 orders
- −$170.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$204.76
- Costs to cover
- 1.912%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 37 min ago; Binance: live order book, 9 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 Bybit live order book, 37 min ago | 3.21 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 4.03 bp | 31.6 bp −$32 | 268.3 bp −$2,683 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SATSUSDTshort | +0.0100% | 4h | 0.00000001240 | −0.129% | $2.2M | $5.3M | 25x | |
| Bybit 10000SATSUSDTlong | +0.0100% | 4h | 0.00000001242 | long leg | $286K | $876K | 13x | |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001238 | −0.290% | $363K | $243K | 25x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001238 | −0.290% | $203K | $88K | 10x | as long as short |
| Bitget 1000SATSUSDT | +0.0100% | 4h | 0.00000001242 | +0.032% | $739K | $233K | 25x | as long as short |
| BingX 10000SATS-USDT | +0.0126% | 4h | 0.00000001240 | −0.129% | — | $90.3M | — | as long as short |
| MEXC SATS_USDT | +0.0128% | 8h | 0.00000001240 | −0.129% | $378K | $184K | 100x | as long as short |
| OKX SATS-USDT-SWAP | +0.0129% | 8h | 0.00000001242 | +0.032% | $833K | $3.0M | 10x | as long as short |
Gate SATS_USDT
KuCoin 10000SATSUSDTM
Bitget 1000SATSUSDT
BingX 10000SATS-USDT
MEXC SATS_USDT
OKX SATS-USDT-SWAP