Funding you earn now, next payment 06:00 UTC+0.0820%/8h= +89.7% APRpaid last 24h −0.015%
Price spread now: Binance against tradeXYZ−0.020%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
Funding, last 7 days−0.444%−$44 on $10k
+Price spread, last 2 days (all we have)+0.057%+$6 · spread now −0.020%, 7d avg +0.019%
=Together, before fees−0.387%+ Points / potential airdroptradeXYZ: Active · farm board−$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.039% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.019%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$25 a day). Mind the row above: over the last 7 days funding on this pair cost −0.444%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.444% in total (about -23.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EBAY | 108.31 | −0.0820 | get 0.0102% / 1h | 11m 07s | $303K | $74K | 10x |
| Short | Binance EBAYUSDT | 108.29 | 0 | get 0.0000% / 8h | 2h 11m | $253K | $363K | 20x |
tradeXYZ xyz:EBAY
Binance EBAYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- $172.11
- Price spread: −0.020% → +0.019%
- −$3.91
- Slippage, 4 orders
- −$126.57
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $13.62
- Costs to cover
- 1.546%
- Break-even
- 6.4 days
Slippage from tradeXYZ: live order book, 65 min ago; Binance: live order book, 21 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 tradeXYZ live order book, 65 min ago | 11.97 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 21 min ago | 3.69 bp | 41.2 bp −$41 | 150.6 bp −$1,506 | 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:EBAYlong | −0.0820% | 1h | 108.31 | long leg | $303K | $74K | 10x | |
| Aster EBAYUSDT | 0.0000% | 8h | 108.37 | +0.051% | $4K | $936 | 20x | as long as short |
| Binance EBAYUSDTshort | 0.0000% | 8h | 108.29 | −0.020% | $253K | $363K | 20x | |
| Bybit EBAYUSDT | 0.0000% | 8h | 108.45 | +0.129% | $41K | $14K | 25x | as long as short |
| QFEX EBAY-USD | 0.0000% | 1h | 108.35 | +0.037% | $1.1M | $3.5M | 10x | as long as short |
| Gate EBAY_USDT | 0.0000% | 8h | 108.32 | +0.009% | $146K | $3K | 20x | as long as short |
| Variational Omni EBAY | 0.0000% | 8h | 108.25 | −0.059% | $15K | $42K | — | as long as short |
| SunX EBAY-USDT | 0.0000% | 8h | 108.26 | −0.046% | $1K | $942K | 10x | as long as short |
| HTX EBAY-USDT | 0.0000% | 8h | 108.30 | −0.009% | $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