Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.129%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1341.336% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.129%, 7d avg −0.118%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STABLEUSDT | 0.02442 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $1.5M | $775K | 25x |
| Short | Binance STABLEUSDT | 0.02439 | 0.0100 | get 0.0050% / 4h | 2h 43m | $2.5M | $2.8M | 75x |
Bybit STABLEUSDT
Binance STABLEUSDTFunding 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
- $0
- Price spread: −0.129% → −0.118%
- −$1.07
- Slippage, 4 orders
- −$112.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$134.66
- Costs to cover
- 1.336%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 7 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 | 4.09 bp | 29.8 bp −$30 | 472.9 bp −$4,729 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.05 bp | 32.4 bp −$32 | 104.2 bp −$1,042 | doesn't fit | doesn't fit |
STABLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STABLE | +0.0096% | 1h | 0.02454 | +0.475% | $113K | $6K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02440 | −0.098% | $856K | $180K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02441 | −0.018% | $18K | $10K | 20x | as long as short |
| Binance STABLEUSDTshort | +0.0100% | 4h | 0.02439 | −0.129% | $2.5M | $2.8M | 75x | |
| Bybit STABLEUSDTlong | +0.0100% | 4h | 0.02442 | long leg | $1.5M | $775K | 25x | |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02438 | −0.160% | $207K | $419K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02439 | −0.119% | $174K | $59K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02440 | −0.078% | $584K | $160K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02447 | +0.209% | $178K | $29K | 30x | as long as short |
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02441 | −0.037% | $281K | $93K | 25x | as long as short |
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STABLE-USDT | +0.0100% | 4h | 0.02441 | −0.037% | — | $6.6M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02446 | +0.150% | $143K | $8K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02437 | −0.192% | $1K | $907K | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02439 | −0.104% | $12K | $232K | 10x | as long as short |
| BloFin STABLE-USDT | +0.0144% | 4h | 0.02442 | +0.004% | $114K | $7K | 75x | as long as short |
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD
BloFin STABLE-USDT