Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.086%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2702.697% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.086%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.103% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USTCUSDT | 0.005791 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $1.2M | $2.2M | 50x |
| Short | Bybit USTCUSDT | 0.005796 | 0.0100 | get 0.0050% / 4h | 2h 44m | $366K | $259K | 20x |
Binance USTCUSDT
Bybit USTCUSDTFunding 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
- Price spread: +0.086% → −0.016%
- $10.26
- Slippage, 4 orders
- −$248.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$259.39
- Costs to cover
- 2.697%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 60 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, 5 min ago | 1.72 bp | 24.3 bp −$24 | 122.1 bp −$1,221 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 60 min ago | 4.26 bp | 92.0 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
USTC on 7 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 USTCUSDTlong | +0.0100% | 4h | 0.005791 | long leg | $1.2M | $2.2M | 50x | |
| Bybit USTCUSDTshort | +0.0100% | 4h | 0.005796 | +0.086% | $366K | $259K | 20x | |
| Gate USTC_USDT | +0.0100% | 4h | 0.005801 | +0.173% | $68K | $64K | 25x | as long as short |
| MEXC USTC_USDT | +0.0100% | 4h | 0.005797 | +0.104% | $573K | $156K | 100x | as long as short |
| KuCoin USTCUSDTM | +0.0100% | 4h | 0.005788 | −0.052% | $502K | $64K | 30x | as long as short |
| Bitget USTCUSDT | +0.0100% | 4h | 0.005799 | +0.138% | $198K | $118K | 50x | as long as short |
| Variational Omni USTC | +0.0100% | 4h | 0.005794 | +0.052% | $3K | $2K | — | as long as short |
Gate USTC_USDT
MEXC USTC_USDT
KuCoin USTCUSDTM
Bitget USTCUSDT
Variational Omni USTC