Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.004865+0.0219pay 0.0109% / 4h1m 49s$2.4M$2.2M20xLong Bybit
SHORT0.004853+0.0100get 0.0050% / 4h1m 49s$4.2M$7.0M10xShort Binance
Price gap−0.246%
Funding gap−0.0119% /8h

Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.243% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$36−0.0119% /8h now · paid +0.363% over the last 7D
Price−$24spread −0.246% now, avg −0.003% → −0.243% if it goes back
Costs−$1831.828% of $10k · taker + slippage, in and out
Result−$171−1.71%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.246%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

US on 11 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size54.4 / 32.6 bp
    At $10k entering Bybit costs 54.4 bp, fee and slippage, 1.7× Binance’s.
  • Note: Margin at max leverage$500 + $1,000
    Bybit 20x, Binance 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$3.56Long Bybit: 6 payments, −$6.56; short Binance: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.246% vs −0.003%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Long leg is thinner$2.4M vs $4.2M OI
    Both legs are deep; Bybit is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · Binance Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0173%/8h × 21 periods+$36.29
Price spread−0.246% → −0.003% (7d avg)−$24.30
Slippage, 4 orderslive order books−$161.83
Fee Bybit bp × 2 orders−$11.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$170.83
Costs to cover1.828%Break-even40.0 days
Slippage: Bybit: live order book, 3 min ago; Binance: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit10.2654.4 bp−$541227.8 bp−$12.3Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.0332.6 bp−$33139.7 bp−$1,397doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

US news

posts that mention US, from every exchange
10-20 10:58edgeXListingUSUSDC no longer reported ($US) seen by our collector
10-10 08:32edgeXListingnew market USUSDC ($US) seen by our collector
10-10 07:54edgeXListingNew Crypto Perp Listings on edgeX $DRV Onchain options and perpetual derivatives protocol. $US Infrastructure network for on-chain AI agents. 5 Days Left. Trade on Arc. Unlock Triple Rewards. @edgeX_exchange on X ↗