Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Bybit against Binance−0.022%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 2 days (all we have)+0.063%+$6 · spread now −0.022%, 7d avg −0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 273.41 | 0 | get 0.0000% / 8h | 1h 22m | $8.5M | $37.4M | 25x |
| Short | Bybit BEUSDT | 273.35 | 0 | get 0.0000% / 8h | 1h 22m | $2.0M | $1.2M | 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
- $0
- Price spread: −0.022% → −0.008%
- −$1.44
- Slippage, 4 orders
- −$33.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$56.27
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 0.18 bp | 9.9 bp −$10 | 24.1 bp −$241 | 101.9 bp −$10.2K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.11 bp | 15.3 bp −$15 | 101.4 bp −$1,014 | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 273.11 | −0.109% | $343K | $117K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 273.37 | −0.015% | $46K | $270K | 10x | as long as short |
| Binance BEUSDTlong | 0.0000% | 8h | 273.41 | long leg | $8.5M | $37.4M | 25x | |
| Bybit BEUSDTshort | 0.0000% | 8h | 273.35 | −0.022% | $2.0M | $1.2M | 25x | |
| Gate BE_USDT | 0.0000% | 8h | 273.10 | −0.113% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.28 | −0.048% | $1.7M | $2.7M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 273.25 | −0.057% | $7K | $191K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 273.35 | −0.022% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.47 | +0.022% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 273.08 | −0.121% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 273.32 | −0.033% | $249K | $424K | 10x | as long as short |
| QFEX BE-USD | +0.0035% | 1h | 273.35 | −0.022% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.15 | −0.095% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.22 | −0.069% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 272.24 | −0.428% | $467K | $121K | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0091% | 8h | 273.48 | +0.026% | $2.6M | $6.8M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 273.34 | −0.026% | $369K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.35 | −0.022% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 273.44 | +0.011% | $45K | $141K | 20x | as long as short |
| tradeXYZ xyz:BE | +0.0161% | 1h | 273.17 | −0.088% | $5.9M | $2.9M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0812% | 1h | 273.41 | 0.000% | $6K | $4K | 10x | as long as short |
Binance BEUSDT
Bybit BEUSDT
Aster BEUSDT
Extended BE-USD
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
OKX BE-USDT-SWAP
KuCoin BEUSDTM
BloFin BE-USDT
tradeXYZ xyz:BE
Deribit BE_USDC-PERPETUAL