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: Bybit against Phemex−0.197%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$1971.972% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 3 days (all we have)−0.071%−$7 · spread now −0.197%, 7d avg −0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.130% cheaper against Phemex than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CSCOUSDT | 111.70 | 0 | get 0.0000% / 8h | 7h 07m | $1.3M | $35K | 10x |
| Short | Bybit CSCOUSDT | 111.48 | 0 | get 0.0000% / 8h | 7h 07m | $417K | $65K | 25x |
Phemex CSCOUSDT
Bybit CSCOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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: −0.197% → −0.067%
- −$13.02
- Slippage, 4 orders
- −$174.17
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$210.18
- Costs to cover
- 1.972%
- Break-even
- never at this rate
Slippage from Phemex: live order book, just now; Bybit: live order book, 57 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 Phemex live order book, just now | 1.79 bp | 46.1 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 57 min ago | 10.31 bp | 48.5 bp −$49 | 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 | 111.49 | −0.189% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.55 | −0.135% | $726K | $454K | 20x | as long as short |
| Bybit CSCOUSDTshort | 0.0000% | 8h | 111.48 | −0.197% | $417K | $65K | 25x | |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.41 | −0.260% | $282K | $152K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.46 | −0.215% | $303K | $7K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.55 | −0.134% | $302K | $59K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.54 | −0.146% | $37K | $6K | — | as long as short |
| GRVT CSCO_USDT_Perp | 0.0000% | 8h | 111.55 | −0.134% | $514 | $210K | 10x | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.55 | −0.134% | $2K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.65 | −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 CSCOUSDTlong | 0.0000% | 8h | 111.70 | long leg | $1.3M | $35K | 10x | |
| KuCoin CSCOUSDTM | +0.0100% | 8h | 111.35 | −0.313% | $324K | $618K | 20x | as long as short |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.10 | −0.537% | $234K | $440 | 10x | as long as short |
KuCoin CSCOUSDTM
Extended CSCO_24_5-USD