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+0.130%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1381.383% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.130%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.134% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit YFIUSDT | 2,313 | 0.0100 | pay 0.0100% / 8h | 4h 02m | $997K | $278K | 25x |
| Short | Binance YFIUSDT | 2,316 | 0.0100 | get 0.0100% / 8h | 4h 02m | $2.2M | $3.2M | 75x |
Funding 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: +0.130% → −0.004%
- $13.35
- Slippage, 4 orders
- −$117.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.97
- Costs to cover
- 1.383%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 42 min ago; Binance: live order book, 3 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, 42 min ago | 6.51 bp | 42.6 bp −$43 | 708.8 bp −$7,088 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.16 bp | 20.1 bp −$20 | 74.3 bp −$743 | doesn't fit | doesn't fit |
YFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSD | −0.0509% | 1h | 2,320.2 | +0.312% | $47K | $6K | 10x | as long as short |
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −5.296% | $2K | $28K | 5.5x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,312.1 | −0.038% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDTshort | +0.0100% | 8h | 2,316 | +0.130% | $2.2M | $3.2M | 75x | |
| Bybit YFIUSDTlong | +0.0100% | 8h | 2,313 | long leg | $997K | $278K | 25x | |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,316 | +0.130% | $629K | $790K | 20x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,315 | +0.086% | $884K | $295K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,312.4 | −0.026% | $383K | $88K | 30x | as long as short |
| BingX YFI-USDT | +0.0100% | 8h | 2,313 | 0.000% | — | $11.8M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,310.6 | −0.104% | $9K | $1K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin YFI-USDT | +0.0107% | 8h | 2,314 | +0.043% | $118K | $26K | 75x | as long as short |
| Gate YFI_USDT | +0.0268% | 8h | 2,316.1 | +0.134% | $300K | $147K | 50x | as long as short |
Bybit YFIUSDT
Binance YFIUSDT
Kraken Futures PF_YFIUSD
Injective YFI/USDC PERP
Aster YFIUSDT
OKX YFI-USDT-SWAP
MEXC YFI_USDT
KuCoin YFIUSDTM
BingX YFI-USDT
Variational Omni YFI
BloFin YFI-USDT
Gate YFI_USDT