Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 64.603 | +0.0046 | pay 0.0046% / 8h | 38m 23s | $36K | $480K | 20x | Long Binance | |
| SHORT | 64.540 | 0 | 0.0000% / 8h | 38m 23s | $37K | $87K | 25x | Short Bybit |
Price gap−0.098%
Funding gap−0.0046% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.098% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0046% /8h now · no funding history yet
Price—spread −0.098% now · no price history on both exchanges yet
Costsno datano order book for Bybit
Result, before costs—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Bybit price against Binancenow
RANGE STATS · 7D
Now−0.098%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCVNA on 4 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Bybit: its slippage is not counted.
- Note: Margin at max leverage$500 + $400Binance 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.39Long Binance: 3 payments, −$1.39; short Bybit: 3 payments, $0.00.
- Note: No 7-day spread history−0.098%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$36K vs $37K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Bybit YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$9.76
Price spread−0.098% → 0−$9.75
Slippage, 4 ordersno data for Bybit—
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$40.51
Costs to cover0.210%Break-evennever at this rate
Slippage: Binance: live order book, 13 min ago; Bybit: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBinance10.8545.7 bp−$46doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit—————
Closing costs about the same again.
Bybit: no data.
| 09-29 12:00 | Gate | Listing | new market CVNA_USDT ($CVNA) seen by our collector |
| 09-29 10:00 | Gate | Other | Trade $TWST: Trade $CVNA: Trade $RUM: @Gate on X ↗ |
| 09-29 10:00 | Gate | Listing | Gate Futures Stocks Section Initial Listing: $TWST (Twist Bioscience Corporation), $CVNA (Carvana Co.), $RUM (RUM Group Inc.) and 6 futures in total. 🔹 Trading Pairs: $TWST / $USDT, $CVNA / $USDT, $RUM / $USDT & 3 more 🔹 Trading Starts: September 29th, 2026 12:00PM (UTC) 🔹 Supports 1 – 20x Leverage, Bots, and Copy Trading 🔹 Gate currently supports trading of 465 stock futures More details: @Gate on X ↗ |
| 09-29 09:02 | Bybit | Listing | new market CVNAUSDT ($CVNA) seen by our collector |
| 09-28 09:49 | Binance | Listing | new market CVNAUSDT ($CVNA) seen by our collector |
Gate