Settings8H · net · $10k
Funding arb · Price arb /

YB

all YB markets
SwapBacktest
Alert: funding
Alert: spread
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: Bybit against Binance−0.172%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$634as in the Funding arb table
Net, price: spread back to 7d avg − costs−$648as in the Price arb table
costs, in and out, $10k−$6346.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.172%, 7d avg −0.030%
Together, before fees+0.198%+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.141% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance YBUSDT0.088920.0100pay 0.0050% / 4h3h 18m$2.0M$911K20x
ShortBybit YBUSDT0.088770.0100get 0.0050% / 4h3h 18m$588K$57K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.172% → −0.030%
−$14.14
Slippage, 4 orders
−$612.97
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$648.11
Costs to cover
6.340%
Break-even
never at this rate
Slippage from Binance: live order book, just now; Bybit: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, just now2.81 bp38.0 bp −$38247.7 bp −$2,477doesn't fitdoesn't fit
Sell Bybit live order book, 46 min ago5.66 bp274.4 bp −$274doesn't fitdoesn't fitdoesn't fit

YB on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin YB-USDT+0.0075%4h0.08881−0.127%$101K$9K20xas long as short
Aster YBUSDT+0.0100%4h0.08886−0.073%$6K$1K5xas long as short
Binance YBUSDTlong+0.0100%4h0.08892long leg$2.0M$911K20x
Bybit YBUSDTshort+0.0100%4h0.08877−0.172%$588K$57K25x
OKX YB-USDT-SWAP+0.0100%4h0.08884−0.093%$397K$154K20xas long as short
Gate YB_USDT+0.0100%4h0.08890−0.026%$102K$18K20xas long as short
MEXC YB_USDT+0.0100%4h0.08880−0.138%$590K$107K50xas long as short
KuCoin YBUSDTM+0.0100%4h0.08880−0.138%$181K$17K20xas long as short
Bitget YBUSDT+0.0100%4h0.08885−0.082%$542K$32K10xas long as short
BingX YB-USDT+0.0100%4h0.08886−0.071%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni YB+0.0100%4h0.08875−0.194%$910$2Kas long as short
SunX YB-USDT+0.0100%4h0.09080+2.111%$2K$1.2M20xas long as short