Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.003%
Price spread now: Bybit against tradeXYZ+0.015%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now +0.015%, 7d avg +0.057%
=Together, before fees−0.064%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.043% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 274.24 | 0.0050 | pay 0.0006% / 1h | 17m 36s | $5.9M | $2.9M | 10x |
| Short | Bybit BEUSDT | 274.28 | 0 | get 0.0000% / 8h | 17m 36s | $2.0M | $1.2M | 25x |
tradeXYZ xyz:BE
Bybit BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$10.5
- Price spread: +0.015% → +0.057%
- −$4.28
- Slippage, 4 orders
- −$41.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$85.59
- Costs to cover
- 0.708%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago | 0.91 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.64 bp | 21.1 bp −$21 | 283.4 bp −$2,834 | 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 | 274.84 | +0.219% | $345K | $118K | 20x | as long as short |
| Bybit BEUSDTshort | 0.0000% | 8h | 274.28 | +0.015% | $2.0M | $1.2M | 25x | |
| Gate BE_USDT | 0.0000% | 8h | 274.10 | −0.051% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.28 | +0.015% | $1.7M | $2.7M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.42 | +0.066% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.50 | +0.095% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.21 | −0.011% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.33 | +0.033% | $250K | $380K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.22 | −0.007% | $114K | $121K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.32 | +0.029% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BElong | +0.0050% | 1h | 274.24 | long leg | $5.9M | $2.9M | 10x | |
| QFEX BE-USD | +0.0073% | 1h | 274.28 | +0.015% | $1.3M | $3.9M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0088% | 1h | 274.13 | −0.040% | $469K | $117K | 10x | as long as short |
| Binance BEUSDT | +0.0094% | 8h | 274.34 | +0.036% | $8.5M | $37.0M | 25x | as long as short |
| Extended BE-USD | +0.0096% | 1h | 274.29 | +0.018% | $46K | $270K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.25 | +0.004% | $371K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.29 | +0.019% | — | — | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0124% | 8h | 274.37 | +0.047% | $6K | $182K | 10x | as long as short |
| BloFin BE-USDT | +0.0213% | 8h | 274.49 | +0.091% | $45K | $141K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0255% | 8h | 274.47 | +0.084% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0260% | 1h | 274.39 | +0.055% | $7K | $4K | 10x | as long as short |
QFEX BE-USD
Coinbase International BE-PERP-INTX
Binance BEUSDT
Extended BE-USD
KuCoin BEUSDTM
Aevo BE-PERP
GRVT BE_USDT_Perp
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL