Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.059%
Price spread now: Binance against Bybit+0.104%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2742.736% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.104%, 7d avg +0.088%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UBUSDT | 0.1457 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $1.1M | $2.4M | 20x |
| Short | Binance UBUSDT | 0.1459 | 0.0100 | get 0.0050% / 4h | 2h 57m | $3.2M | $16.5M | 50x |
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
- Price spread: +0.104% → +0.088%
- $1.53
- Slippage, 4 orders
- −$252.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$272.07
- Costs to cover
- 2.736%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 14 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, 5 min ago | 4.47 bp | 104.4 bp −$104 | 696.9 bp −$6,969 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.71 bp | 38.9 bp −$39 | 146.3 bp −$1,463 | doesn't fit | doesn't fit |
UB on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance UBUSDTshort | +0.0100% | 4h | 0.1459 | +0.104% | $3.2M | $16.5M | 50x | |
| Bybit UBUSDTlong | +0.0100% | 4h | 0.1457 | long leg | $1.1M | $2.4M | 20x | |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1455 | −0.123% | $1.4M | $16.0M | 20x | as long as short |
| Gate UB_USDT | +0.0100% | 4h | 0.1457 | +0.001% | $1.5M | $3.3M | 25x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1459 | +0.104% | $618K | $674K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1456 | −0.059% | $1.0M | $1.4M | 20x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1457 | −0.020% | $2.3M | $3.6M | 50x | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1454 | −0.190% | $91 | $5K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1460 | +0.175% | $37K | $257K | 10x | as long as short |
| HTX UB-USDT | +0.0100% | 4h | 0.1458 | +0.069% | $15K | $161K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended UB-USD | +0.0104% | 1h | 0.1459 | +0.100% | $938 | $176K | 5x | as long as short |
| BloFin UB-USDT | +0.0138% | 4h | 0.1459 | +0.124% | $160K | $1.2M | 50x | as long as short |
| BingX UB-USDT | +0.0320% | 4h | 0.1457 | +0.001% | — | $2.7M | — | as long as short |
| Aster UBUSDT | +0.0897% | 4h | 0.1460 | +0.159% | $397K | $201K | 5x | as long as short |
Bybit UBUSDT
Binance UBUSDT
OKX UB-USDT-SWAP
Gate UB_USDT
MEXC UB_USDT
KuCoin UBUSDTM
Bitget UBUSDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
BloFin UB-USDT
BingX UB-USDT
Aster UBUSDT