Funding you earn now, next payment 08:00 UTC−0.0197%/8h= −21.6% APRnext payment −$1.97 per $10,000 · paid last 24h −0.111%
Price spread now: Binance against Bybit−0.150%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2592.593% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.150%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.118% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BBXUSDT | 8.5730 | 0.0680 | pay 0.0680% / 8h | 2h 20m | $440K | $268K | 25x |
| Short | Binance BBXUSDT | 8.5602 | 0.0483 | get 0.0483% / 8h | 2h 20m | $1.2M | $2.0M | 20x |
Bybit BBXUSDT
Binance BBXUSDTFunding 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
- −$41.36
- Price spread: −0.150% → −0.031%
- −$11.82
- Slippage, 4 orders
- −$238.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$312.45
- Costs to cover
- 2.593%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 60 min ago; Binance: live order book, 13 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, 60 min ago | 4.08 bp | 102.3 bp −$102 | 227.4 bp −$2,274 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.34 bp | 22.2 bp −$22 | 90.1 bp −$901 | 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 | 8.5565 | −0.193% | $4K | $7K | 20x | as long as short |
| GRVT BBX_USDT_Perp | 0.0000% | 8h | 8.5544 | −0.217% | $442 | $133K | 10x | as long as short |
| SunX BBX-USDT | 0.0000% | 8h | 8.5600 | −0.152% | $1K | $634K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.5800 | +0.082% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTM | +0.0100% | 8h | 8.5800 | +0.082% | $138K | $398K | 20x | as long as short |
| Variational Omni BBX | +0.0274% | 8h | 8.5645 | −0.099% | $146K | $15K | — | as long as short |
| Binance BBXUSDTshort | +0.0483% | 8h | 8.5602 | −0.150% | $1.2M | $2.0M | 20x | |
| Nado BBX-PERP | +0.0564% | 1h | 8.5524 | −0.240% | $59K | $13K | 3x | as long as short |
| Bybit BBXUSDTlong | +0.0680% | 8h | 8.5730 | long leg | $440K | $268K | 25x |
Aster BBXUSDT
GRVT BBX_USDT_Perp
SunX BBX-USDT
HTX BBX-USDT
KuCoin BBXUSDTM
Variational Omni BBX
Nado BBX-PERP