Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.171%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3333.334% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.171%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.110% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VELODROMEUSDT | 0.02993 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $815K | $390K | 20x |
| Short | Binance VELODROMEUSDT | 0.02998 | 0.0100 | get 0.0050% / 4h | 3h 58m | $7.7M | $1.6M | 50x |
Bybit VELODROMEUSDT
Binance VELODROMEUSDTFunding 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: +0.171% → +0.062%
- $10.99
- Slippage, 4 orders
- −$312.39
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$322.4
- Costs to cover
- 3.334%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 12 min ago; Binance: live order book, 11 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, 12 min ago | 5.19 bp | 146.3 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.67 bp | 26.9 bp −$27 | 142.8 bp −$1,428 | doesn't fit | doesn't fit |
VELODROME 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 VELODROMEUSDTshort | +0.0100% | 4h | 0.02998 | +0.171% | $7.7M | $1.6M | 50x | |
| Bybit VELODROMEUSDTlong | +0.0100% | 4h | 0.02993 | long leg | $815K | $390K | 20x | |
| Gate VELODROME_USDT | +0.0100% | 4h | 0.02999 | +0.207% | $124K | $5K | 20x | as long as short |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.02996 | +0.107% | $241K | $90K | 50x | as long as short |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.03002 | +0.311% | $534K | $25K | 20x | as long as short |
| BingX VELODROME-USDT | +0.0100% | 4h | 0.03000 | +0.241% | — | $1.2M | — | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02996 | +0.105% | $80K | $2K | — | as long as short |
Gate VELODROME_USDT
MEXC VELODROME_USDT
Bitget VELODROMEUSDT
BingX VELODROME-USDT
Variational Omni VELODROME