AMAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0422%/8h= −46.2% APRnext payment −$4.22 per $10,000 · paid last 24h −0.057%

Price spread now: Bybit against Binance−0.002%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$830.830% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.372%−$37 on $10k

Price spread, last 2 days (all we have)−0.095%−$9 · spread now −0.002%, 7d avg −0.046%

Together, before fees−0.467%−$47 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.044% dearer against Binance than usual: you sell high and buy low (spread −0.002% now, against its 7-day average of −0.046%): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.372% in total) that is about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AMATUSDT	470.87	0.0422	pay 0.0422% / 8h	7h 08m	$8.9M	$12.6M	20x
Short	Bybit AMATUSDT	470.86	0	get 0.0000% / 8h	7h 08m	$908K	$645K	25x

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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$88.56
Price spread: −0.002% → −0.046%: $4.41
Slippage, 4 orders: −$62.01
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$167.16
Costs to cover: 0.830%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 61 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, 2 min ago	0.95 bp	13.2 bp −$13	32.9 bp −$329	doesn't fit	doesn't fit
Sell Bybit live order book, 61 min ago	1.72 bp	22.1 bp −$22	107.5 bp −$1,075	doesn't fit	doesn't fit

AMAT on 16 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
Aster AMATUSDT	0.0000%	8h	470.44	−0.092%	$10K	$11K	20x	as long as short
Bybit AMATUSDTshort	0.0000%	8h	470.86	−0.002%	$908K	$645K	25x
Bitget AMATUSDT	0.0000%	8h	471.10	+0.049%	$2.1M	$1.7M	20x	as long as short
OKX AMAT-USDT-SWAP	+0.0001%	8h	471.12	+0.053%	$1.4M	$1.6M	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	470.84	−0.007%	—	—	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	470.63	−0.051%	$412K	$458K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	471.25	+0.080%	$796	$373K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	472.42	+0.329%	$172K	$39K	20x	as long as short
tradeXYZ xyz:AMAT	+0.0112%	1h	470.89	+0.004%	$2.7M	$2.3M	10x	as long as short
GRVT AMAT_USDT_Perp	+0.0290%	8h	471.17	+0.064%	$485	$97K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AMAT	+0.0292%	1h	471.52	+0.138%	$19K	$131K	10x	as long as short
Variational Omni AMAT	+0.0346%	8h	470.76	−0.023%	$87K	$24K	—	as long as short
Binance AMATUSDTlong	+0.0422%	8h	470.87	long leg	$8.9M	$12.6M	20x
Gate AMAT_USDT	+0.0423%	8h	470.90	+0.006%	$1.8M	$6.5M	50x	as long as short
Extended AMAT-USD	+0.0424%	1h	470.70	−0.036%	$5K	$27K	10x	as long as short
BloFin AMAT-USDT	+0.0449%	8h	470.97	+0.021%	$109K	$84K	20x	as long as short