Funding you earn now, next payment 07:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h +0.026%
Price spread now: tradeXYZ against Bybit−0.055%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.055%, 7d avg −0.058%
=Together, before fees+0.070%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BEUSDT | 271.45 | 0.0037 | pay 0.0037% / 8h | 1h 15m | $2.0M | $1.1M | 25x |
| Short | tradeXYZ xyz:BE | 271.30 | 0.0050 | get 0.0006% / 1h | 15m 58s | $5.9M | $2.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2.68
- Price spread: −0.055% → −0.058%
- $0.31
- Slippage, 4 orders
- −$41.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$67.41
- Costs to cover
- 0.704%
- Break-even
- 183.4 days
Slippage from Bybit: live order book, 6 min ago; tradeXYZ: live order book, 2 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, 6 min ago | 2.03 bp | 22.3 bp −$22 | 167.4 bp −$1,674 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.18 bp | 17.1 bp −$17 | 29.5 bp −$295 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDT | −0.0241% | 8h | 271.30 | −0.055% | $1.4M | $3.4M | 50x | as long as short |
| Deribit BE_USDC-PERPETUAL | −0.0155% | 1h | 271.59 | +0.052% | $6K | $4K | 10x | as long as short |
| Bitget BEUSDT | −0.0130% | 8h | 271.38 | −0.026% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.73 | +0.103% | $341K | $125K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.43 | −0.007% | $46K | $251K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.43 | −0.007% | $8.2M | $37.3M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.40 | −0.018% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.57 | +0.043% | $7K | $157K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 271.62 | +0.063% | $820 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.92 | +0.173% | $13K | $35K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BE | +0.0032% | 1h | 271.66 | +0.077% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.67 | +0.081% | $242K | $300K | 10x | as long as short |
| Bybit BEUSDTlong | +0.0037% | 8h | 271.45 | long leg | $2.0M | $1.1M | 25x | |
| QFEX BE-USD | +0.0040% | 1h | 271.54 | +0.033% | $1.3M | $2.3M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.36 | −0.033% | $113K | $108K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.46 | +0.004% | — | — | 10x | as long as short |
| tradeXYZ xyz:BEshort | +0.0050% | 1h | 271.30 | −0.055% | $5.9M | $2.8M | 10x | |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.317% | $473K | $130K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.52 | +0.026% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.59 | +0.052% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.78 | +0.122% | $45K | $147K | 20x | as long as short |
Bybit BEUSDT
tradeXYZ xyz:BE
Gate BE_USDT
Deribit BE_USDC-PERPETUAL
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
BloFin BE-USDT