Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.6% APRnext payment −$0.70 per $10,000 · paid last 24h +0.111%
Price spread now: Bybit against Binance+0.070%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2472.473% of the position
Funding, last 7 days+0.356%+$36 on $10k
+Price spread, last 2 days (all we have)+0.065%+$7 · spread now +0.070%, 7d avg +0.088%
=The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.356%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BBXUSDT | 8.5800 | 0.0252 | pay 0.0252% / 8h | 7h 16m | $1.2M | $2.1M | 20x |
| Short | Bybit BBXUSDT | 8.5860 | 0.0183 | get 0.0183% / 8h | 7h 16m | $441K | $1.8M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.63
- Price spread: +0.070% → +0.088%
- −$1.79
- Slippage, 4 orders
- −$226.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$263.76
- Costs to cover
- 2.473%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 5 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, 3 min ago | 1.16 bp | 25.5 bp −$26 | 97.0 bp −$970 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.66 bp | 99.3 bp −$99 | 187.6 bp −$1,876 | doesn't fit | doesn't fit |
BBX on 9 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 BBXUSDT | 0.0000% | 8h | 8.5711 | −0.104% | $4K | $7K | 20x | as long as short |
| GRVT BBX_USDT_Perp | 0.0000% | 8h | 8.5878 | +0.091% | $945 | $161K | 10x | as long as short |
| SunX BBX-USDT | 0.0000% | 8h | 8.5700 | −0.117% | $942 | $817K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.5900 | +0.117% | $7K | $2K | 10x | as long as short |
| Variational Omni BBX | +0.0031% | 8h | 8.5856 | +0.065% | $145K | $10K | — | as long as short |
| KuCoin BBXUSDTM | +0.0100% | 8h | 8.6000 | +0.233% | $136K | $432K | 20x | as long as short |
| Bybit BBXUSDTshort | +0.0183% | 8h | 8.5860 | +0.070% | $441K | $1.8M | 25x | |
| Binance BBXUSDTlong | +0.0252% | 8h | 8.5800 | long leg | $1.2M | $2.1M | 20x | |
| Nado BBX-PERP | +0.1072% | 1h | 8.5867 | +0.079% | $60K | $13K | 3x | as long as short |
Binance BBXUSDT
Bybit BBXUSDT
Aster BBXUSDT
GRVT BBX_USDT_Perp
SunX BBX-USDT
HTX BBX-USDT
Variational Omni BBX
KuCoin BBXUSDTM