Funding you earn now, next payment 08:00 UTC−0.0760%/8h= −83.3% APRnext payment −$7.60 per $10,000 · paid last 24h −0.080%
Price spread now: Bybit against Binance−0.105%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.105% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BITOUSDT | 11.505 | 0.0760 | pay 0.0760% / 8h | 1h 37m | $255K | $2.0M | 25x |
| Short | Bybit BITOUSDT | 11.493 | 0 | get 0.0000% / 8h | 1h 37m | $35K | $38K | 25x |
Binance BITOUSDT
Bybit BITOUSDTFunding 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
- −$159.7
- Price spread: −0.105% → 0.000%
- −$10.54
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$191.23
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 12 min ago; Bybit: no order-book sample. Net counts fees only.
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, 12 min ago | 4.35 bp | 40.2 bp −$40 | 160.6 bp −$1,606 | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BITO on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BITOUSDTshort | 0.0000% | 8h | 11.493 | −0.105% | $35K | $38K | 25x | |
| Gate BITO_USDT | 0.0000% | 8h | 11.501 | −0.036% | $29K | $34K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.499 | −0.053% | $1.2M | $1.3M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.510 | +0.042% | $5K | $286K | 10x | as long as short |
| edgeX BITOUSDC | +0.0704% | 4h | 11.503 | −0.019% | $23K | $271K | 10x | as long as short |
| MEXC BITO_USDT | +0.0760% | 8h | 11.500 | −0.045% | $121K | $85K | 20x | as long as short |
| Binance BITOUSDTlong | +0.0760% | 8h | 11.505 | long leg | $255K | $2.0M | 25x |
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT
edgeX BITOUSDC
MEXC BITO_USDT