Funding you earn now, next payment 12:00 UTC+0.0332%/8h= +36.3% APRpaid last 24h +0.096%
Price spread now: Binance against Bybit+0.037%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1701.701% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.314%+$31 · spread now +0.037%, 7d avg +0.053%
=The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.046% in total (about -2.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CSOPSKHYNIX2LUSDT | 5.4460 | 0.0438 | pay 0.0438% / 8h | 5h 28m | $80K | $148K | 20x |
| Short | Binance CSOPSKHYNIX2LUSDT | 5.4480 | 0.0770 | get 0.0385% / 4h | 1h 28m | $1.1M | $7.4M | 20x |
Bybit CSOPSKHYNIX2LUSDT
Binance CSOPSKHYNIX2LUSDTFunding 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
- $69.71
- Price spread: +0.037% → +0.053%
- −$1.65
- Slippage, 4 orders
- −$149.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$102.05
- Costs to cover
- 1.701%
- Break-even
- 17.2 days
Slippage from Bybit: live order book, 8 min ago; Binance: live order book, 3 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, 8 min ago | 4.59 bp | 74.5 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.76 bp | 15.2 bp −$15 | 63.5 bp −$635 | doesn't fit | doesn't fit |
CSOPSKHYNIX2L on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CSOPSKHYNIX2L_USDT | 0.0000% | 4h | 5.4500 | +0.073% | $96K | $59K | 20x | as long as short |
| HTX CSOPSKHYNIX2L-USDT | 0.0000% | 4h | 5.4600 | +0.257% | $20K | $347K | 10x | as long as short |
| OKX CSOPSKHYNIX2L-USDT-SWAP | +0.0023% | 8h | 5.4570 | +0.202% | $143K | $338K | 10x | as long as short |
| Bybit CSOPSKHYNIX2LUSDTlong | +0.0438% | 8h | 5.4460 | long leg | $80K | $148K | 20x | |
| MEXC CSOPSKHYNIX2L_USDT | +0.0760% | 4h | 5.4500 | +0.073% | $100K | $93K | 10x | as long as short |
| Binance CSOPSKHYNIX2LUSDTshort | +0.0770% | 4h | 5.4480 | +0.037% | $1.1M | $7.4M | 20x | |
| BloFin CSOPSKHYNIX2L-USDT | +0.0817% | 4h | 5.4500 | +0.073% | — | $263K | 20x | as long as short |
Gate CSOPSKHYNIX2L_USDT
HTX CSOPSKHYNIX2L-USDT
OKX CSOPSKHYNIX2L-USDT-SWAP
MEXC CSOPSKHYNIX2L_USDT
BloFin CSOPSKHYNIX2L-USDT