Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.115%
Price spread now: Bybit against Binance−0.099%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2122.121% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 2 days (all we have)+0.006%+$1 · spread now −0.099%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.068% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FLEXUSDT | 110.97 | 0 | get 0.0000% / 8h | 1h 43m | $295K | $263K | 25x |
| Short | Bybit FLEXUSDT | 110.86 | 0 | get 0.0000% / 8h | 1h 43m | $127K | $237K | 25x |
Binance FLEXUSDT
Bybit FLEXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.099% → −0.032%
- −$6.76
- Slippage, 4 orders
- −$191.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$218.87
- Costs to cover
- 2.121%
- Break-even
- never at this rate
Slippage from Binance: live order book, 49 min ago; Bybit: live order book, 47 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 | 1.80 bp | 38.6 bp −$39 | 114.3 bp −$1,143 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 47 min ago | 9.45 bp | 63.3 bp −$63 | 217.6 bp −$2,176 | doesn't fit | doesn't fit |
FLEX on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX FLEX-USD | −0.0006% | 1h | 111.11 | +0.126% | $1.1M | $2.8M | 10x | as long as short |
| Binance FLEXUSDTlong | 0.0000% | 8h | 110.97 | long leg | $295K | $263K | 25x | |
| Bybit FLEXUSDTshort | 0.0000% | 8h | 110.86 | −0.099% | $127K | $237K | 25x | |
| Gate FLEX_USDT | 0.0000% | 8h | 111.08 | +0.099% | $176K | $123K | 20x | as long as short |
| Bitget FLEXUSDT | 0.0000% | 8h | 110.86 | −0.099% | $123K | $63K | 20x | as long as short |
| HTX FLEX-USDT | +0.0100% | 8h | 111.17 | +0.180% | $4K | $11K | 10x | as long as short |
QFEX FLEX-USD
Gate FLEX_USDT
Bitget FLEXUSDT
HTX FLEX-USDT