Funding you earn now, next payment 04:00 UTC+0.0754%/8h= +82.5% APRnext payment +$3.77 per $10,000 · paid last 24h −0.340%
Price spread now: Bybit against Binance+0.827%7-day average +0.675% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1391.388% of the position
Funding, last 7 days−0.730%−$73 on $10k
+Price spread, last 7 days−0.314%−$31 · spread now +0.827%, 7d avg +0.675%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Bybit is 0.152% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.675%. Mind the row above: over the last 7 days funding on this pair cost −0.730%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SIRENUSDT | 0.02417 | 0.1197 | pay 0.0598% / 4h | 2m 55s | $8.4M | $3.4M | 10x |
| Short | Bybit SIRENUSDT | 0.02437 | 0.1950 | get 0.0975% / 4h | 2m 55s | $1.9M | $2.6M | 5x |
Binance SIRENUSDT
Bybit SIRENUSDTFunding 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
- $158.3
- Price spread: +0.827% → +0.675%
- $15.25
- Slippage, 4 orders
- −$117.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $34.77
- Costs to cover
- 1.388%
- Break-even
- 5.5 days
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 4 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, 6 min ago | 2.06 bp | 35.4 bp −$35 | 185.8 bp −$1,858 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 6.16 bp | 28.4 bp −$28 | 168.6 bp −$1,686 | doesn't fit | doesn't fit |
SIREN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02421 | +0.165% | $2K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0906% | 4h | 0.02435 | +0.745% | $2.8M | $1.4M | 10x | as long as short |
| Binance SIRENUSDTlong | +0.1197% | 4h | 0.02417 | long leg | $8.4M | $3.4M | 10x | |
| Aster SIRENUSDT | +0.1206% | 4h | 0.02418 | +0.022% | $213K | $81K | 5x | as long as short |
| MEXC SIREN_USDT | +0.1216% | 4h | 0.02419 | +0.083% | $690K | $131K | 100x | as long as short |
| BingX SIREN-USDT | +0.1294% | 4h | 0.02426 | +0.372% | — | $2.3M | — | as long as short |
| KuCoin SIRENUSDTM | +0.1446% | 4h | 0.02423 | +0.248% | $998K | $418K | 10x | as long as short |
| Gate SIREN_USDT | +0.1640% | 4h | 0.02414 | −0.124% | $570K | $207K | 10x | as long as short |
| Bybit SIRENUSDTshort | +0.1950% | 4h | 0.02437 | +0.827% | $1.9M | $2.6M | 5x |
SunX SIREN-USDT
Bitget SIRENUSDT
Aster SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
KuCoin SIRENUSDTM
Gate SIREN_USDT