Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 265.63 | 0 | 0.0000% / 8h | 7h 55m | $1.0M | $223K | 25x | Long Bybit | |
| SHORT | 265.06 | 0 | 0.0000% / 8h | 7h 55m | $5.3M | $1.2M | 25x | Short Binance |
Price gap−0.215%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.056% under its 7d average: the price leg works against you, −$6 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$190.0000% /8h now · paid −0.194% over the last 7D
Price−$6spread −0.215% now, avg −0.158% → −0.056% if it goes back
Costs−$2532.533% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.215%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAPP on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size128.8 / 15.7 bpAt $10k entering Bybit costs 128.8 bp, fee and slippage, 8.2× Binance’s.
- Note: Margin at max leverage$400 + $400Bybit 25x, Binance 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 3 payments, $0.00; short Binance: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.215% vs −0.158%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1.0M vs $5.3M OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Binance YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0092%/8h × 21 periods−$19.42
Price spread−0.215% → −0.158% (7d avg)−$5.63
Slippage, 4 orderslive order books−$234.33
Fee Bybit bp × 2 orders−$11.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$278.38
Costs to cover2.533%Break-evennever at this rate
Slippage: Bybit: live order book, 2 min ago; Binance: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit8.65128.8 bp−$129256.6 bp−$2,566doesn’t fitdoesn’t fit
SELL · SHORTBinance5.2815.7 bp−$1656.7 bp−$567doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-15 19:35 | Variational Omni | Listing | Applovin $APP perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 10-15 14:54 | Variational Omni | Listing | new market APP ($APP) seen by our collector |
| 10-12 09:00 | KuCoin | Listing | new market APPUSDTM ($APP) seen by our collector |
| 10-02 14:17 | Paradex | Other | MOBILE APP we're the only options DEX with a great mobile experience! and it will only get better with mobile V2 @paradex on X ↗ |
| 09-28 16:43 | Avantis | Other | 1/ AI infra and semis $SNPS $CDNS $KLAC $LRCX $TER $TXN $ADI $NXPI $MCHP $MPWR $ALAB $APP $CEG All the picks-and-shovels of AI: chip design, fab tools, and the power that runs the racks @verantaxyz on X ↗ |
| 09-28 10:22 | BloFin | Listing | new market APP-USDT ($APP) seen by our collector |


Variational Omni
KuCoin
Paradex
Avantis
BloFin