Funding you earn now, next payment 08:00 UTC+0.0702%/8h= +76.9% APRnext payment +$7.02 per $10,000 · paid last 24h +0.080%
Price spread now: Binance against Bybit−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$21 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BITOUSDT | 11.559 | 0 | get 0.0000% / 8h | 6h 26m | $36K | $37K | 25x |
| Short | Binance BITOUSDT | 11.558 | 0.0702 | get 0.0702% / 8h | 6h 26m | $259K | $2.0M | 25x |
Bybit BITOUSDT
Binance BITOUSDTFunding 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
- $147.45
- Price spread: −0.009% → 0.000%
- −$0.94
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $125.51
- Costs to cover
- 0.210%
- Break-even
- 1.0 days
Slippage unknown: Bybit: no order-book sample; Binance: live order book, 8 min ago. 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 Bybit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 4.33 bp | 30.3 bp −$30 | 156.0 bp −$1,560 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BITOUSDC | −0.0070% | 4h | 11.549 | −0.086% | $24K | $267K | 10x | as long as short |
| Bybit BITOUSDTlong | 0.0000% | 8h | 11.559 | long leg | $36K | $37K | 25x | |
| Gate BITO_USDT | 0.0000% | 8h | 11.558 | −0.009% | $29K | $33K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.572 | +0.112% | $329K | $1.1M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.580 | +0.182% | $5K | $285K | 10x | as long as short |
| MEXC BITO_USDT | +0.0702% | 8h | 11.550 | −0.078% | $122K | $86K | 20x | as long as short |
| Binance BITOUSDTshort | +0.0702% | 8h | 11.558 | −0.009% | $259K | $2.0M | 25x |
edgeX BITOUSDC
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT
MEXC BITO_USDT