Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.241%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.241%, 7d avg +0.163%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.078% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.163%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STOUSDT | 0.04161 | 0.0100 | pay 0.0050% / 4h | 31m 16s | $3.4M | $1.4M | 20x |
| Short | Bybit STOUSDT | 0.04171 | 0.0101 | get 0.0051% / 4h | 31m 16s | $729K | $248K | 13x |
Binance STOUSDT
Bybit STOUSDTFunding 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
- $0.22
- Price spread: +0.241% → +0.163%
- $7.81
- Slippage, 4 orders
- −$117.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$130.17
- Costs to cover
- 1.382%
- Break-even
- 4100.3 days
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 43 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, 5 min ago | 3.60 bp | 25.6 bp −$26 | 123.8 bp −$1,238 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 min ago | 2.40 bp | 40.9 bp −$41 | 346.1 bp −$3,461 | doesn't fit | doesn't fit |
STO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STOUSDT | +0.0100% | 4h | 0.04162 | +0.025% | $26K | $3K | 5x | as long as short |
| Binance STOUSDTlong | +0.0100% | 4h | 0.04161 | long leg | $3.4M | $1.4M | 20x | |
| Gate STO_USDT | +0.0100% | 4h | 0.04158 | −0.072% | $254K | $120K | 25x | as long as short |
| MEXC STO_USDT | +0.0100% | 4h | 0.04161 | +0.001% | $797K | $101K | 50x | as long as short |
| Bitget STOUSDT | +0.0100% | 4h | 0.04165 | +0.097% | $322K | $27K | 10x | as long as short |
| Variational Omni STO | +0.0100% | 4h | 0.04171 | +0.229% | $4K | $213 | — | as long as short |
| Bybit STOUSDTshort | +0.0101% | 4h | 0.04171 | +0.241% | $729K | $248K | 13x | |
| BingX STO-USDT | +0.0102% | 4h | 0.04161 | +0.001% | — | $6.5M | — | as long as short |
| KuCoin STOUSDTM | +0.0618% | 4h | 0.04164 | +0.073% | $989K | $19K | 25x | as long as short |
Aster STOUSDT
Gate STO_USDT
MEXC STO_USDT
Bitget STOUSDT
Variational Omni STO
BingX STO-USDT
KuCoin STOUSDTM