Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.048%
Price spread now: Bybit against Binance−0.206%7-day average −0.264% · you buy dearer than you sell
Net, funding: paid 7d − costs−$384as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3453.452% of the position
Funding, last 7 days−0.391%−$39 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now −0.206%, 7d avg −0.264%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.057% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.264%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TAUSDT | 0.05457 | 0.0101 | pay 0.0051% / 4h | 35m 33s | $6.4M | $813K | 10x |
| Short | Bybit TAUSDT | 0.05446 | 0.0100 | get 0.0050% / 4h | 35m 33s | $2.0M | $93K | 5x |
Binance TAUSDT
Bybit TAUSDTFunding 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
- −$0.26
- Price spread: −0.206% → −0.264%
- $5.72
- Slippage, 4 orders
- −$324.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$339.75
- Costs to cover
- 3.452%
- Break-even
- never at this rate
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 | 2.74 bp | 71.1 bp −$71 | 594.0 bp −$5,940 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.43 bp | 114.5 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
TA 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TA-USDT | +0.0062% | 4h | 0.05465 | +0.142% | $392K | $4K | 10x | as long as short |
| Aster TAUSDT | +0.0100% | 4h | 0.05458 | +0.006% | $18K | $3K | 5x | as long as short |
| Bybit TAUSDTshort | +0.0100% | 4h | 0.05446 | −0.206% | $2.0M | $93K | 5x | |
| Gate TA_USDT | +0.0100% | 4h | 0.05449 | −0.151% | $2.0M | $44K | 20x | as long as short |
| KuCoin TAUSDTM | +0.0100% | 4h | 0.05446 | −0.206% | $182K | $18K | 10x | as long as short |
| Variational Omni TA | +0.0100% | 4h | 0.05446 | −0.209% | $16K | $1 | — | as long as short |
| Binance TAUSDTlong | +0.0101% | 4h | 0.05457 | long leg | $6.4M | $813K | 10x | |
| MEXC TA_USDT | +0.0106% | 4h | 0.05456 | −0.023% | $154K | $84K | 50x | as long as short |
| BingX TA-USDT | +0.0116% | 4h | 0.05451 | −0.115% | — | $2.3M | — | as long as short |
BloFin TA-USDT
Aster TAUSDT
Gate TA_USDT
KuCoin TAUSDTM
Variational Omni TA
MEXC TA_USDT
BingX TA-USDT