Funding you earn now, next payment 04:00 UTC+0.0556%/8h= +60.9% APRpaid last 24h −0.091%
Price spread now: Binance against Bybit+0.034%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1821.819% of the position
Funding, last 7 days−0.720%−$72 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.034%, 7d avg −0.058%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.093% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.720%, 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 | Bybit SKLUSDT | 0.004609 | −0.0456 | get 0.0456% / 8h | 7h 39m | $889K | $1.0M | 25x |
| Short | Binance SKLUSDT | 0.004611 | 0.0100 | get 0.0050% / 4h | 3h 39m | $2.8M | $9.5M | 50x |
Bybit SKLUSDT
Binance SKLUSDTFunding 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
- $116.72
- Price spread: +0.034% → −0.058%
- $9.28
- Slippage, 4 orders
- −$160.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$55.9
- Costs to cover
- 1.819%
- Break-even
- 10.4 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 15 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, 1 min ago | 4.34 bp | 74.4 bp −$74 | 612.9 bp −$6,129 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.09 bp | 26.2 bp −$26 | 86.1 bp −$861 | doesn't fit | doesn't fit |
SKL on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKLUSDTlong | −0.0456% | 8h | 0.004609 | long leg | $889K | $1.0M | 25x | |
| BloFin SKL-USDT | +0.0089% | 4h | 0.004607 | −0.043% | $183K | $44K | 50x | as long as short |
| Bitget SKLUSDT | +0.0092% | 4h | 0.004608 | −0.022% | $500K | $1.0M | 25x | as long as short |
| Binance SKLUSDTshort | +0.0100% | 4h | 0.004611 | +0.034% | $2.8M | $9.5M | 50x | |
| Gate SKL_USDT | +0.0100% | 4h | 0.004610 | +0.022% | $205K | $237K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004611 | +0.043% | $395K | $206K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004615 | +0.130% | $842K | $365K | 30x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004610 | +0.022% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004607 | −0.037% | $709 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.0399% | 1h | 0.004621 | +0.270% | $5K | $5K | 10x | as long as short |
BloFin SKL-USDT
Bitget SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD