Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.128%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2232.234% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.056%+$6 · spread now −0.128%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.088% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GDXUSDT | 94.090 | 0 | get 0.0000% / 8h | 1h 58m | $424K | $264K | 20x |
| Short | Bybit GDXUSDT | 93.970 | 0 | get 0.0000% / 8h | 1h 58m | $248K | $47K | 25x |
Binance GDXUSDT
Bybit GDXUSDTFunding 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: −0.128% → −0.040%
- −$8.78
- Slippage, 4 orders
- −$202.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$232.13
- Costs to cover
- 2.234%
- Break-even
- never at this rate
Slippage from Binance: live order book, 33 min ago; Bybit: live order book, 32 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, 33 min ago | 1.06 bp | 35.0 bp −$35 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 32 min ago | 8.51 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
GDX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GDXUSDTlong | 0.0000% | 8h | 94.090 | long leg | $424K | $264K | 20x | |
| Bybit GDXUSDTshort | 0.0000% | 8h | 93.970 | −0.128% | $248K | $47K | 25x | |
| Gate GDX_USDT | 0.0000% | 8h | 94.070 | −0.021% | $168K | $139K | 20x | as long as short |
| MEXC GDX_USDT | 0.0000% | 8h | 94.080 | −0.011% | $841K | $86K | 20x | as long as short |
| Bitget GDXUSDT | 0.0000% | 8h | 94.110 | +0.021% | $274K | $367K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 94.120 | +0.032% | $8K | $321K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 93.910 | −0.191% | — | — | 25x | as long as short |
| edgeX GDXUSDC | +0.0442% | 4h | 94.107 | +0.018% | $96K | $226K | 10x | as long as short |
Gate GDX_USDT
MEXC GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP
edgeX GDXUSDC