Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.098%
Price spread now: Binance against Bybit+0.105%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2202.204% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 2 days (all we have)−0.058%−$6 · spread now +0.105%, 7d avg −0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.133% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EWZUSDT | 37.920 | 0 | get 0.0000% / 8h | 2h 11m | $327K | $15K | 25x |
| Short | Binance EWZUSDT | 37.960 | 0 | get 0.0000% / 8h | 2h 11m | $295K | $227K | 20x |
Bybit EWZUSDT
Binance EWZUSDTFunding 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: +0.105% → −0.028%
- $13.3
- Slippage, 4 orders
- −$199.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$207.08
- Costs to cover
- 2.204%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 28 min ago; Binance: live order book, 20 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, 28 min ago | 10.55 bp | 101.7 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 20 min ago | 2.64 bp | 25.9 bp −$26 | 104.9 bp −$1,049 | doesn't fit | doesn't fit |
EWZ on 13 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:EWZ | −0.0450% | 1h | 37.950 | +0.079% | $592K | $81K | 20x | as long as short |
| KuCoin EWZUSDTM | −0.0248% | 8h | 37.890 | −0.079% | $24K | $719K | 20x | as long as short |
| Aster EWZUSDT | 0.0000% | 8h | 37.964 | +0.116% | $9K | $50 | 20x | as long as short |
| Binance EWZUSDTshort | 0.0000% | 8h | 37.960 | +0.105% | $295K | $227K | 20x | |
| Bybit EWZUSDTlong | 0.0000% | 8h | 37.920 | long leg | $327K | $15K | 25x | |
| OKX EWZ-USDT-SWAP | 0.0000% | 8h | 37.970 | +0.132% | $124K | $39K | 20x | as long as short |
| Gate EWZ_USDT | 0.0000% | 8h | 37.930 | +0.026% | $61K | $7K | 20x | as long as short |
| MEXC EWZ_USDT | 0.0000% | 8h | 37.970 | +0.132% | $722K | $82K | 50x | as long as short |
| Bitget EWZUSDT | 0.0000% | 8h | 37.969 | +0.129% | $77K | $22K | 20x | as long as short |
| Variational Omni EWZ | 0.0000% | 8h | 37.949 | +0.076% | $49K | $6K | — | as long as short |
tradeXYZ xyz:EWZ
KuCoin EWZUSDTM
Aster EWZUSDT
OKX EWZ-USDT-SWAP
Gate EWZ_USDT
MEXC EWZ_USDT
Bitget EWZUSDT
Variational Omni EWZShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWZ_USDT_Perp | 0.0000% | 8h | 37.944 | +0.064% | $3 | $135K | 10x | as long as short |
| SunX EWZ-USDT | 0.0000% | 8h | 37.930 | +0.026% | $979 | $467K | 10x | as long as short |
| HTX EWZ-USDT | 0.0000% | 8h | 37.930 | +0.026% | $5K | $7K | 10x | as long as short |
GRVT EWZ_USDT_Perp
SunX EWZ-USDT
HTX EWZ-USDT