Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.253%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2732.734% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 2 days (all we have)+0.303%+$30 · spread now −0.253%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.278% cheaper against Bybit than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DDOGUSDT | 247.06 | 0 | get 0.0000% / 8h | 6h 21m | $160K | $72K | 25x |
| Short | Binance DDOGUSDT | 246.44 | 0 | get 0.0000% / 8h | 6h 21m | $221K | $333K | 20x |
Bybit DDOGUSDT
Binance DDOGUSDTFunding 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
- $0
- Price spread: −0.253% → +0.025%
- −$27.79
- Slippage, 4 orders
- −$252.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$301.2
- Costs to cover
- 2.734%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 25 min ago; Binance: live order book, 18 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, 25 min ago | 10.92 bp | 115.6 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 18 min ago | 8.49 bp | 23.1 bp −$23 | 99.1 bp −$991 | doesn't fit | doesn't fit |
DDOG on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance DDOGUSDTshort | 0.0000% | 8h | 246.44 | −0.253% | $221K | $333K | 20x | |
| Bybit DDOGUSDTlong | 0.0000% | 8h | 247.06 | long leg | $160K | $72K | 25x | |
| OKX DDOG-USDT-SWAP | 0.0000% | 8h | 246.41 | −0.263% | $64K | $87K | 20x | as long as short |
| Gate DDOG_USDT | 0.0000% | 8h | 246.55 | −0.206% | $106K | $8K | 20x | as long as short |
| Bitget DDOGUSDT | 0.0000% | 8h | 246.84 | −0.089% | $81K | $583K | 20x | as long as short |
| SunX DDOG-USDT | 0.0000% | 8h | 246.42 | −0.259% | — | $826K | 10x | as long as short |
| HTX DDOG-USDT | 0.0000% | 8h | 246.44 | −0.251% | $2K | $382K | 20x | as long as short |
| Extended DDOG-USD | +0.0040% | 1h | 247.03 | −0.014% | — | — | 10x | as long as short |
OKX DDOG-USDT-SWAP
Gate DDOG_USDT
Bitget DDOGUSDT
SunX DDOG-USDT
HTX DDOG-USDT
Extended DDOG-USD