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: Binance against Bybit+0.041%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−$267as 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)+0.049%+$5 · spread now +0.041%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.025% dearer against Bybit than usual: you sell high and buy low, +$3 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 | Bybit USTCUSDT | 0.005761 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $366K | $260K | 20x |
| Short | Binance USTCUSDT | 0.005763 | 0.0100 | get 0.0050% / 4h | 2h 40m | $1.1M | $2.2M | 50x |
Bybit USTCUSDT
Binance USTCUSDTFunding 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: +0.041% → +0.016%
- $2.52
- Slippage, 4 orders
- −$248.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$267.14
- Costs to cover
- 2.697%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 64 min ago; Binance: live order book, 9 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, 64 min ago | 4.26 bp | 117.2 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.72 bp | 36.1 bp −$36 | 108.0 bp −$1,080 | 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 USTCUSDTshort | +0.0100% | 4h | 0.005763 | +0.041% | $1.1M | $2.2M | 50x | |
| Bybit USTCUSDTlong | +0.0100% | 4h | 0.005761 | long leg | $366K | $260K | 20x | |
| Gate USTC_USDT | +0.0100% | 4h | 0.005767 | +0.104% | $68K | $64K | 25x | as long as short |
| MEXC USTC_USDT | +0.0100% | 4h | 0.005760 | −0.017% | $569K | $156K | 100x | as long as short |
| KuCoin USTCUSDTM | +0.0100% | 4h | 0.005748 | −0.222% | $499K | $65K | 30x | as long as short |
| Bitget USTCUSDT | +0.0100% | 4h | 0.005763 | +0.035% | $197K | $116K | 50x | as long as short |
| Variational Omni USTC | +0.0100% | 4h | 0.005769 | +0.141% | $3K | $2K | — | as long as short |
Gate USTC_USDT
MEXC USTC_USDT
KuCoin USTCUSDTM
Bitget USTCUSDT
Variational Omni USTC