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: Phemex against Bybit+0.090%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1661.662% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+0.257%+$26 · spread now +0.090%, 7d avg +0.073%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CSCOUSDT | 111.63 | 0 | get 0.0000% / 8h | 2h 50m | $410K | $65K | 25x |
| Short | Phemex CSCOUSDT | 111.73 | 0 | get 0.0000% / 8h | 2h 50m | $1.3M | $34K | 10x |
Bybit CSCOUSDT
Phemex CSCOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.090% → +0.073%
- $1.69
- Slippage, 4 orders
- −$143.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$164.49
- Costs to cover
- 1.662%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 54 min ago; Phemex: live order book, 2 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, 54 min ago | 10.31 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.34 bp | 41.5 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
CSCO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CSCOUSDT | 0.0000% | 8h | 111.63 | +0.002% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.66 | +0.027% | $739K | $440K | 20x | as long as short |
| Bybit CSCOUSDTlong | 0.0000% | 8h | 111.63 | long leg | $410K | $65K | 25x | |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.58 | −0.045% | $270K | $155K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.66 | +0.027% | $305K | $7K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.63 | 0.000% | $330K | $77K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.66 | +0.023% | $39K | $8K | — | as long as short |
| GRVT CSCO_USDT_Perp | 0.0000% | 8h | 111.65 | +0.021% | $496 | $185K | 10x | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.68 | +0.045% | $317 | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.68 | +0.045% | $6K | $3K | 10x | as long as short |
Aster CSCOUSDT
Binance CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
GRVT CSCO_USDT_Perp
SunX CSCO-USDT
HTX CSCO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDTshort | 0.0000% | 8h | 111.73 | +0.090% | $1.3M | $34K | 10x | |
| KuCoin CSCOUSDTM | +0.0100% | 8h | 111.39 | −0.215% | $327K | $781K | 20x | as long as short |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.51 | −0.107% | $232K | $2K | 10x | as long as short |
KuCoin CSCOUSDTM
Extended CSCO_24_5-USD