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: Binance against Bybit−0.169%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1811.814% of the position
Funding, last 7 days+0.422%+$42 on $10k
+Price spread, last 7 days+0.118%+$12 · spread now −0.169%, 7d avg −0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.105% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TUTUSDT | 0.02265 | 0.0101 | pay 0.0051% / 4h | 8m 17s | $1.5M | $1.1M | 5x |
| Short | Binance TUTUSDT | 0.02261 | 0.0100 | get 0.0050% / 4h | 8m 17s | $6.6M | $12.3M | 10x |
Funding 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
- −$0.24
- Price spread: −0.169% → −0.064%
- −$10.45
- Slippage, 4 orders
- −$160.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$192.05
- Costs to cover
- 1.814%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 2 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, 3 min ago | 2.44 bp | 82.0 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.22 bp | 19.6 bp −$20 | 84.7 bp −$847 | doesn't fit | doesn't fit |
TUT on 10 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 TUTUSDT | −0.0188% | 4h | 0.02259 | −0.294% | $240K | $46K | 10x | as long as short |
| Binance TUTUSDTshort | +0.0100% | 4h | 0.02261 | −0.169% | $6.6M | $12.3M | 10x | |
| Gate TUT_USDT | +0.0100% | 4h | 0.02258 | −0.340% | $676K | $745K | 10x | as long as short |
| MEXC TUT_USDT | +0.0100% | 4h | 0.02260 | −0.230% | $2.2M | $605K | 100x | as long as short |
| KuCoin TUTUSDTM | +0.0100% | 4h | 0.02259 | −0.274% | $1.8M | $579K | 10x | as long as short |
| Bitget TUTUSDT | +0.0100% | 4h | 0.02264 | −0.053% | $6.2M | $1.4M | 10x | as long as short |
| HTX TUT-USDT | +0.0100% | 4h | 0.02250 | −0.671% | $39K | $228K | 10x | as long as short |
| Bybit TUTUSDTlong | +0.0101% | 4h | 0.02265 | long leg | $1.5M | $1.1M | 5x | |
| BingX TUT-USDT | +0.0102% | 4h | 0.02260 | −0.230% | — | $2.3M | — | as long as short |
| Extended TUT-USD | +0.0104% | 1h | 0.02262 | −0.145% | $406 | — | 5x | as long as short |
Bybit TUTUSDT
Binance TUTUSDT
Aster TUTUSDT
Gate TUT_USDT
MEXC TUT_USDT
KuCoin TUTUSDTM
Bitget TUTUSDT
HTX TUT-USDT
BingX TUT-USDT
Extended TUT-USD