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: Binance against Bybit+0.071%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1841.844% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)0.000%$0 · spread now +0.071%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 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 | Bybit GDXUSDT | 94.180 | 0 | get 0.0000% / 8h | 2h 35m | $241K | $42K | 25x |
| Short | Binance GDXUSDT | 94.247 | 0 | get 0.0000% / 8h | 2h 35m | $423K | $260K | 20x |
Funding 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: +0.071% → +0.040%
- $3.16
- Slippage, 4 orders
- −$163.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$181.26
- Costs to cover
- 1.844%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 59 min ago; Binance: live order book, 71 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, 59 min ago | 8.49 bp | 94.1 bp −$94 | 378.9 bp −$3,789 | doesn't fit | doesn't fit |
| Sell Binance live order book, 71 min ago | 5.30 bp | 19.7 bp −$20 | 100.4 bp −$1,004 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GDXUSDC | −0.0266% | 4h | 94.276 | +0.102% | $96K | $225K | 10x | as long as short |
| Binance GDXUSDTshort | 0.0000% | 8h | 94.247 | +0.071% | $423K | $260K | 20x | |
| Bybit GDXUSDTlong | 0.0000% | 8h | 94.180 | long leg | $241K | $42K | 25x | |
| Gate GDX_USDT | 0.0000% | 8h | 94.310 | +0.138% | $168K | $142K | 20x | as long as short |
| MEXC GDX_USDT | 0.0000% | 8h | 94.250 | +0.074% | $843K | $87K | 20x | as long as short |
| Bitget GDXUSDT | 0.0000% | 8h | 94.390 | +0.223% | $282K | $338K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 94.270 | +0.096% | $8K | $321K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.190 | +0.011% | — | — | 25x | as long as short |
Bybit GDXUSDT
Binance GDXUSDT
edgeX GDXUSDC
Gate GDX_USDT
MEXC GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT