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−0.079%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1821.824% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days−0.136%−$14 · spread now −0.079%, 7d avg −0.118%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WOOUSDT | 0.01269 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $1.5M | $2.6M | 50x |
| Short | Bybit WOOUSDT | 0.01268 | 0.0100 | get 0.0100% / 8h | 2h 41m | $1.2M | $452K | 50x |
Binance WOOUSDT
Bybit WOOUSDTFunding 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: −0.079% → −0.118%
- $3.88
- Slippage, 4 orders
- −$161.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$178.54
- Costs to cover
- 1.824%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 4 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, 8 min ago | 3.93 bp | 31.4 bp −$31 | 214.3 bp −$2,143 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 7.87 bp | 56.0 bp −$56 | 241.4 bp −$2,414 | doesn't fit | doesn't fit |
WOO on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX WOO-USD | 0.0000% | 1h | 0.01271 | +0.182% | $713 | — | 10x | as long as short |
| Orderly PERP_WOO_USDC | +0.0077% | 8h | 0.01268 | −0.079% | $27K | $5K | 10x | as long as short |
| Binance WOOUSDTlong | +0.0100% | 8h | 0.01269 | long leg | $1.5M | $2.6M | 50x | |
| Bybit WOOUSDTshort | +0.0100% | 8h | 0.01268 | −0.079% | $1.2M | $452K | 50x | |
| OKX WOO-USDT-SWAP | +0.0100% | 8h | 0.01270 | +0.079% | $206K | $337K | 10x | as long as short |
| Gate WOO_USDT | +0.0100% | 8h | 0.01270 | +0.079% | $90K | $75K | 25x | as long as short |
| MEXC WOO_USDT | +0.0100% | 8h | 0.01267 | −0.158% | $674K | $297K | 200x | as long as short |
| KuCoin WOOUSDTM | +0.0100% | 8h | 0.01271 | +0.158% | $155K | $47K | 50x | as long as short |
| Bitget WOOUSDT | +0.0100% | 8h | 0.01269 | 0.000% | $207K | $85K | 5x | as long as short |
| BingX WOO-USDT | +0.0100% | 8h | 0.01270 | +0.079% | — | $2.3M | — | as long as short |
dYdX WOO-USD
Orderly PERP_WOO_USDC
OKX WOO-USDT-SWAP
Gate WOO_USDT
MEXC WOO_USDT
KuCoin WOOUSDTM
Bitget WOOUSDT
BingX WOO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WOO | +0.0100% | 8h | 0.01271 | +0.179% | $2K | $869 | — | as long as short |
| BloFin WOO-USDT | +0.0100% | 8h | 0.01273 | +0.315% | $73K | $30K | 50x | as long as short |
Variational Omni WOO
BloFin WOO-USDT