Funding you earn now, next payment 04:00 UTC−0.0796%/8h= −87.1% APRnext payment −$3.98 per $10,000 · paid last 24h +0.340%
Price spread now: Binance against Bybit−0.417%7-day average −0.675% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1411.410% of the position
Funding, last 7 days+0.730%+$73 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now −0.417%, 7d avg −0.675%
=The price spread pays, funding is against you. Binance is 0.258% dearer against Bybit than usual: you sell high and buy low (spread −0.417% now, against its 7-day average of −0.675%): +$26 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.730%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SIRENUSDT | 0.02428 | 0.1947 | pay 0.0973% / 4h | 0m 14s | $1.9M | $2.6M | 5x |
| Short | Binance SIRENUSDT | 0.02418 | 0.1151 | get 0.0575% / 4h | 0m 14s | $8.4M | $3.4M | 10x |
Bybit SIRENUSDT
Binance SIRENUSDTFunding 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
- −$167.11
- Price spread: −0.417% → −0.675%
- $25.84
- Slippage, 4 orders
- −$119.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$282.23
- Costs to cover
- 1.410%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 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, 2 min ago | 6.16 bp | 34.5 bp −$34 | 156.3 bp −$1,563 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.06 bp | 39.5 bp −$39 | 169.8 bp −$1,698 | 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 | −0.288% | $1K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0876% | 4h | 0.02431 | +0.124% | $2.8M | $1.4M | 10x | as long as short |
| Binance SIRENUSDTshort | +0.1151% | 4h | 0.02418 | −0.417% | $8.4M | $3.4M | 10x | |
| Aster SIRENUSDT | +0.1163% | 4h | 0.02419 | −0.391% | $213K | $81K | 5x | as long as short |
| MEXC SIREN_USDT | +0.1174% | 4h | 0.02418 | −0.412% | $688K | $131K | 100x | as long as short |
| BingX SIREN-USDT | +0.1218% | 4h | 0.02426 | −0.082% | — | $2.3M | — | as long as short |
| KuCoin SIRENUSDTM | +0.1416% | 4h | 0.02422 | −0.247% | $996K | $418K | 10x | as long as short |
| Gate SIREN_USDT | +0.1616% | 4h | 0.02415 | −0.535% | $570K | $207K | 10x | as long as short |
| Bybit SIRENUSDTlong | +0.1947% | 4h | 0.02428 | long leg | $1.9M | $2.6M | 5x |
SunX SIREN-USDT
Bitget SIRENUSDT
Aster SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
KuCoin SIRENUSDTM
Gate SIREN_USDT