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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPACEUSDT | 0.005138 | 0.0100 | pay 0.0050% / 4h | 55m 58s | $1.8M | $2.2M | 50x |
| Short | Bybit SPACEUSDT | 0.005125 | 0.0100 | get 0.0050% / 4h | 55m 58s | $794K | $192K | 13x |
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 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: −0.253% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 2.93 bp | 34.7 bp −$35 | 331.7 bp −$3,317 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 64 min ago | 5.85 bp | 253.4 bp −$253 | doesn't fit | doesn't fit | doesn't fit |
SPACE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDTlong | +0.0100% | 4h | 0.005138 | long leg | $1.8M | $2.2M | 50x | |
| Bybit SPACEUSDTshort | +0.0100% | 4h | 0.005125 | −0.253% | $794K | $192K | 13x | |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005127 | −0.214% | $1.6M | $1.2M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005117 | −0.409% | $770K | $346K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005139 | +0.019% | $415K | $151K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005124 | −0.272% | $653K | $98K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005114 | −0.467% | $895K | $235K | 20x | as long as short |
| BloFin SPACE-USDT | +0.0121% | 4h | 0.005122 | −0.311% | $159K | $9K | 50x | as long as short |
| Aster SPACEUSDT | +0.0793% | 4h | 0.005127 | −0.211% | $17K | $32K | 5x | as long as short |
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
BloFin SPACE-USDT
Aster SPACEUSDT