Funding you earn now, next payment 12:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.52 per $10,000 · paid last 24h +0.115%
Price spread now: Bybit against Binance+0.072%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2282.280% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.072%, 7d avg +0.146%
=Funding pays, the price is against you. Bybit is 0.074% cheaper against Binance than usual: you would sell low and buy high (spread +0.072% now, against its 7-day average of +0.146%). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUPERUSDT | 0.1530 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $2.3M | $5.7M | 50x |
| Short | Bybit SUPERUSDT | 0.1531 | 0.0205 | get 0.0102% / 4h | 3h 05m | $1.1M | $1.5M | 25x |
Binance SUPERUSDT
Bybit SUPERUSDTFunding 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
- $21.96
- Price spread: +0.072% → +0.146%
- −$7.43
- Slippage, 4 orders
- −$206.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$213.46
- Costs to cover
- 2.280%
- Break-even
- 75.0 days
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 1 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, 3 min ago | 0.98 bp | 28.5 bp −$28 | 118.0 bp −$1,180 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.22 bp | 76.5 bp −$77 | 253.3 bp −$2,533 | doesn't fit | doesn't fit |
SUPER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SUPER-USDT | +0.0036% | 4h | 0.1531 | +0.052% | — | $2.4M | — | as long as short |
| Hyperliquid SUPER | +0.0100% | 1h | 0.1534 | +0.246% | $511K | $355K | 3x | as long as short |
| Binance SUPERUSDTlong | +0.0100% | 4h | 0.1530 | long leg | $2.3M | $5.7M | 50x | |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1528 | −0.144% | $132K | $91K | 50x | as long as short |
| MEXC SUPER_USDT | +0.0100% | 4h | 0.1530 | +0.020% | $1.6M | $617K | 20x | as long as short |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1529 | −0.078% | $612K | $180K | 50x | as long as short |
| Bitget SUPERUSDT | +0.0100% | 4h | 0.1531 | +0.052% | $540K | $299K | 25x | as long as short |
| Variational Omni SUPER | +0.0100% | 4h | 0.1532 | +0.117% | $82K | $3K | — | as long as short |
| Bybit SUPERUSDTshort | +0.0205% | 4h | 0.1531 | +0.072% | $1.1M | $1.5M | 25x | |
| BloFin SUPER-USDT | +0.0340% | 4h | 0.1534 | +0.235% | $149K | $109K | 75x | as long as short |
BingX SUPER-USDT
Hyperliquid SUPER
Gate SUPER_USDT
MEXC SUPER_USDT
KuCoin SUPERUSDTM
Bitget SUPERUSDT
Variational Omni SUPER
BloFin SUPER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSD | +0.3987% | 1h | 0.1542 | +0.751% | $51K | $8K | 10x | as long as short |
Kraken Futures PF_SUPERUSD