Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.149%
Price spread now: Binance against Bybit−0.119%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$2962.959% of the position
Funding, last 7 days+0.600%+$60 on $10k
+Price spread, last 2 days (all we have)−0.085%−$8 · spread now −0.119%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BOTUSDT | 29.470 | 0 | get 0.0000% / 8h | 1h 37m | $512K | $313K | 25x |
| Short | Binance BOTUSDT | 29.435 | 0 | get 0.0000% / 8h | 1h 37m | $455K | $1.2M | 10x |
Bybit BOTUSDT
Binance BOTUSDTFunding 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
- $0
- Price spread: −0.119% → −0.030%
- −$8.94
- Slippage, 4 orders
- −$274.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$304.88
- Costs to cover
- 2.959%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 37 min ago; Binance: live order book, 10 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, 37 min ago | 5.08 bp | 92.9 bp −$93 | 223.0 bp −$2,230 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.40 bp | 52.8 bp −$53 | 515.5 bp −$5,155 | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | −0.0974% | 1h | 29.430 | −0.136% | $745 | $5K | 5x | as long as short |
| tradeXYZ xyz:BOT | −0.0195% | 1h | 29.427 | −0.146% | $3.1M | $826K | 10x | as long as short |
| QFEX BOT-USD | −0.0048% | 1h | 29.430 | −0.136% | $1.2M | $510K | 10x | as long as short |
| Binance BOTUSDTshort | 0.0000% | 8h | 29.435 | −0.119% | $455K | $1.2M | 10x | |
| Bybit BOTUSDTlong | 0.0000% | 8h | 29.470 | long leg | $512K | $313K | 25x | |
| OKX BOT-USDT-SWAP | 0.0000% | 8h | 29.400 | −0.238% | $237K | $221K | 20x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.470 | 0.000% | $252K | $244K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.500 | +0.102% | $252K | $145K | 5x | as long as short |
| Variational Omni BOT | 0.0000% | 8h | 29.432 | −0.130% | $31K | $19K | — | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.648 | +0.604% | $68K | $14K | 3x | as long as short |
Arcus BOT-USD
tradeXYZ xyz:BOT
QFEX BOT-USD
OKX BOT-USDT-SWAP
Gate BOT_USDT
Bitget BOTUSDT
Variational Omni BOT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | +0.0100% | 8h | 29.430 | −0.136% | $96K | $333K | 20x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.458 | −0.041% | $3K | $34K | 10x | as long as short |
KuCoin BOTUSDTM
HTX BOT-USDT