Funding you earn now, next payment 04:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.132%
Price spread now: Bybit against Binance+0.192%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.397%−$40 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.192% dearer against Binance than usual: you sell high and buy low (spread +0.192% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BYDUSDT | 10.420 | 0.0230 | pay 0.0115% / 4h | 45m 34s | $1.4M | $903K | 20x |
| Short | Bybit BYDUSDT | 10.440 | 0 | get 0.0000% / 8h | 4h 45m | $78K | $12K | 25x |
Binance BYDUSDT
Bybit BYDUSDTFunding 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
- −$48.25
- Price spread: +0.192% → 0.000%
- $19.19
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$50.05
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 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, 2 min ago | 4.80 bp | 27.6 bp −$28 | 117.0 bp −$1,170 | 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.
BYD on 8 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 BYDUSDTshort | 0.0000% | 8h | 10.440 | +0.192% | $78K | $12K | 25x | |
| Gate BYD_USDT | 0.0000% | 8h | 10.491 | +0.681% | $157K | $53K | 20x | as long as short |
| SunX BYD-USDT | 0.0000% | 4h | 10.420 | 0.000% | — | $2.3M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.430 | +0.096% | $9K | $266K | 20x | as long as short |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.443 | +0.221% | $13K | $1.7M | 20x | as long as short |
| Bitget BYDUSDT | +0.0191% | 8h | 10.425 | +0.048% | $156K | $231K | 20x | as long as short |
| Binance BYDUSDTlong | +0.0230% | 4h | 10.420 | long leg | $1.4M | $903K | 20x | |
| edgeX BYDUSDC | +0.0429% | 4h | 10.423 | +0.031% | $43K | $431K | 10x | as long as short |
Gate BYD_USDT
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
Bitget BYDUSDT
edgeX BYDUSDC