Funding you earn now, next payment 04:00 UTC−0.0254%/8h= −27.8% APRpaid last 24h +0.009%
Price spread now: tradeXYZ against Binance−0.007%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1771.771% of the position
Funding, last 7 days+0.447%+$45 on $10k
+Price spread, last 2 days (all we have)−0.041%−$4 · spread now −0.007%, 7d avg −0.026%
=Together, before fees+0.406%+ Points / potential airdroptradeXYZ: Active · farm board+$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.447%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EBAYUSDT | 108.53 | 0 | get 0.0000% / 8h | 4h 13m | $255K | $392K | 20x |
| Short | tradeXYZ xyz:EBAY | 108.52 | −0.0254 | pay 0.0032% / 1h | 13m 09s | $304K | $77K | 10x |
Binance EBAYUSDT
tradeXYZ xyz:EBAYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- −$53.32
- Price spread: −0.007% → −0.026%
- $1.88
- Slippage, 4 orders
- −$149.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$228.51
- Costs to cover
- 1.771%
- Break-even
- never at this rate
Slippage from Binance: live order book, 49 min ago; tradeXYZ: live order book, 13 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 Binance live order book, 49 min ago | 3.68 bp | 34.8 bp −$35 | 122.6 bp −$1,226 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 13 min ago | 8.76 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
EBAY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EBAYshort | −0.0254% | 1h | 108.52 | −0.007% | $304K | $77K | 10x | |
| Aster EBAYUSDT | 0.0000% | 8h | 108.31 | −0.203% | $4K | $936 | 20x | as long as short |
| Binance EBAYUSDTlong | 0.0000% | 8h | 108.53 | long leg | $255K | $392K | 20x | |
| Bybit EBAYUSDT | 0.0000% | 8h | 108.44 | −0.080% | $41K | $14K | 25x | as long as short |
| QFEX EBAY-USD | 0.0000% | 1h | 109.01 | +0.445% | $1.1M | $3.4M | 10x | as long as short |
| Gate EBAY_USDT | 0.0000% | 8h | 108.50 | −0.025% | $147K | $3K | 20x | as long as short |
| Variational Omni EBAY | 0.0000% | 8h | 108.50 | −0.021% | $15K | $55K | — | as long as short |
| SunX EBAY-USDT | 0.0000% | 8h | 108.53 | +0.003% | $1K | $995K | 10x | as long as short |
| HTX EBAY-USDT | 0.0000% | 8h | 108.18 | −0.320% | $6K | $3K | 10x | as long as short |
Aster EBAYUSDT
Bybit EBAYUSDT
QFEX EBAY-USD
Gate EBAY_USDT
Variational Omni EBAY
SunX EBAY-USDT
HTX EBAY-USDT