Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.104%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$412as in the Funding arb table
Net, price: spread back to 7d avg − costs−$416as in the Price arb table
costs, in and out, $10k−$4074.070% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 2 days (all we have)−0.002%$0 · spread now −0.104%, 7d avg −0.015%
=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 −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BSPUSDT | 38.430 | 0 | get 0.0000% / 8h | 7h 59m | $379K | $88K | 25x |
| Short | Binance BSPUSDT | 38.390 | 0 | get 0.0000% / 8h | 7h 59m | $485K | $709K | 10x |
Bybit BSPUSDT
Binance BSPUSDTFunding 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: −0.104% → −0.015%
- −$8.89
- Slippage, 4 orders
- −$385.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$415.86
- Costs to cover
- 4.070%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 47 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, 5 min ago | 9.11 bp | 141.6 bp −$142 | 225.9 bp −$2,259 | doesn't fit | doesn't fit |
| Sell Binance live order book, 47 min ago | 1.31 bp | 68.2 bp −$68 | 153.5 bp −$1,535 | doesn't fit | doesn't fit |
BSP 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDTshort | 0.0000% | 8h | 38.390 | −0.104% | $485K | $709K | 10x | |
| Bybit BSPUSDTlong | 0.0000% | 8h | 38.430 | long leg | $379K | $88K | 25x | |
| Gate BSP_USDT | 0.0000% | 8h | 38.410 | −0.052% | $251K | $293K | 25x | as long as short |
| Bitget BSPUSDT | 0.0000% | 8h | 38.411 | −0.049% | $100K | $65K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.420 | −0.026% | $6K | $42K | 10x | as long as short |
| KuCoin BSPUSDTM | +0.0509% | 8h | 38.390 | −0.104% | $46K | $148K | 20x | as long as short |
| OKX BSP-USDT-SWAP | +0.0727% | 8h | 38.380 | −0.130% | $154K | $160K | 10x | as long as short |
Gate BSP_USDT
Bitget BSPUSDT
HTX BSP-USDT
KuCoin BSPUSDTM
OKX BSP-USDT-SWAP