Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.046%
Price spread now: Binance against Bybit+0.154%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2772.770% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.154%, 7d avg +0.097%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.057% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WETUSDT | 0.06483 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $1.4M | $175K | 50x |
| Short | Binance WETUSDT | 0.06493 | 0.0100 | get 0.0050% / 4h | 1h 42m | $1.1M | $835K | 50x |
Bybit WETUSDT
Binance WETUSDTFunding 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: +0.154% → +0.097%
- $5.7
- Slippage, 4 orders
- −$255.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$271.27
- Costs to cover
- 2.770%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 5 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, 3 min ago | 4.63 bp | 145.7 bp −$146 | 1852.2 bp −$18.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.08 bp | 32.2 bp −$32 | 183.2 bp −$1,832 | doesn't fit | doesn't fit |
WET on 10 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 WETUSDTshort | +0.0100% | 4h | 0.06493 | +0.154% | $1.1M | $835K | 50x | |
| Bybit WETUSDTlong | +0.0100% | 4h | 0.06483 | long leg | $1.4M | $175K | 50x | |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06486 | +0.046% | $660K | $137K | 20x | as long as short |
| Gate WET_USDT | +0.0100% | 8h | 0.06494 | +0.170% | $976K | $20K | 50x | as long as short |
| MEXC WET_USDT | +0.0100% | 4h | 0.06492 | +0.139% | $165K | $82K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06488 | +0.077% | $680K | $693K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.06491 | +0.123% | $566K | $21K | 25x | as long as short |
| BingX WET-USDT | +0.0100% | 4h | 0.06487 | +0.062% | — | $6.5M | — | as long as short |
| BloFin WET-USDT | +0.0123% | 4h | 0.06485 | +0.031% | $69K | $6K | 50x | as long as short |
| Aster WETUSDT | +0.1030% | 4h | 0.06485 | +0.031% | $13K | $29K | 5x | as long as short |
OKX WET-USDT-SWAP
Gate WET_USDT
MEXC WET_USDT
KuCoin WETUSDTM
Bitget WETUSDT
BingX WET-USDT
BloFin WET-USDT
Aster WETUSDT