Funding you earn now, next payment 04:00 UTC+0.1501%/8h= +164.3% APRnext payment +$7.50 per $10,000 · paid last 24h +0.226%
Price spread now: Binance against Bybit−0.362%7-day average −0.310% · you buy dearer than you sell
Net, funding: paid 7d − costs−$498as in the Funding arb table
Net, price: spread back to 7d avg − costs−$613as in the Price arb table
costs, in and out, $10k−$6076.073% of the position
Funding, last 7 days+1.097%+$110 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.362%, 7d avg −0.310%
=Funding pays, the price is against you. Binance is 0.052% cheaper against Bybit than usual: you would sell low and buy high (spread −0.362% now, against its 7-day average of −0.310%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$45 a day). At the pace of the last 7 days (+1.097% in total) that is about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPORTFUNUSDT | 0.01934 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $398K | $41K | 20x |
| Short | Binance SPORTFUNUSDT | 0.01927 | 0.1601 | get 0.0800% / 4h | 3h 59m | $2.1M | $639K | 10x |
Bybit SPORTFUNUSDT
Binance SPORTFUNUSDTFunding 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
- $315.11
- Price spread: −0.362% → −0.310%
- −$5.24
- Slippage, 4 orders
- −$586.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$297.42
- Costs to cover
- 6.073%
- Break-even
- 13.6 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago | 5.18 bp | 271.4 bp −$271 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.60 bp | 45.5 bp −$45 | 433.5 bp −$4,335 | doesn't fit | doesn't fit |
SPORTFUN on 5 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 SPORTFUNUSDTlong | +0.0100% | 4h | 0.01934 | long leg | $398K | $41K | 20x | |
| KuCoin SPORTFUNUSDTM | +0.0662% | 4h | 0.01926 | −0.414% | $220K | $4K | 20x | as long as short |
| BingX SPORTFUN-USDT | +0.1510% | 4h | 0.01931 | −0.155% | — | $1.6M | — | as long as short |
| MEXC SPORTFUN_USDT | +0.1600% | 4h | 0.01927 | −0.362% | $306K | $118K | 20x | as long as short |
| Binance SPORTFUNUSDTshort | +0.1601% | 4h | 0.01927 | −0.362% | $2.1M | $639K | 10x |
KuCoin SPORTFUNUSDTM
BingX SPORTFUN-USDT
MEXC SPORTFUN_USDT