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

SPACE

all SPACE markets
SwapBacktest
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 +0.018%
Price spread now: Bybit against Binance−0.253%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$609as in the Funding arb table
Net, price: spread back to 7d avg − costs−$645as in the Price arb table
costs, in and out, $10k−$6346.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.253%+$25 on $10k
Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.253%, 7d avg −0.149%
Together, before fees+0.374%+$37 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 0.104% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPACEUSDT0.0051380.0100pay 0.0050% / 4h55m 58s$1.8M$2.2M50x
ShortBybit SPACEUSDT0.0051250.0100get 0.0050% / 4h55m 58s$794K$192K13x

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: −0.253% → −0.149%
−$10.42
Slippage, 4 orders
−$613.47
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$644.89
Costs to cover
6.345%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 64 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, 8 min ago2.93 bp34.7 bp −$35331.7 bp −$3,317doesn't fitdoesn't fit
Sell Bybit live order book, 64 min ago5.85 bp253.4 bp −$253doesn't fitdoesn't fitdoesn't fit

SPACE on 9 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
Binance SPACEUSDTlong+0.0100%4h0.005138long leg$1.8M$2.2M50x
Bybit SPACEUSDTshort+0.0100%4h0.005125−0.253%$794K$192K13x
OKX SPACE-USDT-SWAP+0.0100%4h0.005127−0.214%$1.6M$1.2M20xas long as short
Gate SPACE_USDT+0.0100%4h0.005117−0.409%$770K$346K20xas long as short
MEXC SPACE_USDT+0.0100%4h0.005139+0.019%$415K$151K20xas long as short
KuCoin SPACEUSDTM+0.0100%4h0.005124−0.272%$653K$98K20xas long as short
Bitget SPACEUSDT+0.0100%4h0.005114−0.467%$895K$235K20xas long as short
BloFin SPACE-USDT+0.0121%4h0.005122−0.311%$159K$9K50xas long as short
Aster SPACEUSDT+0.0793%4h0.005127−0.211%$17K$32K5xas long as short