Funding you earn now, next payment 08:00 UTC+0.0296%/8h= +32.4% APRnext payment +$2.96 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.152%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1571.572% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.225%−$22 · spread now +0.152%, 7d avg +0.065%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.088% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.065%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.96 per $10,000. 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 | Bybit GEVUSDT | 947.57 | 0 | get 0.0000% / 8h | 3h 29m | $314K | $229K | 25x |
| Short | Binance GEVUSDT | 949.01 | 0.0296 | get 0.0296% / 8h | 3h 29m | $1.5M | $708K | 25x |
Bybit GEVUSDT
Binance GEVUSDTFunding 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
- $62.06
- Price spread: +0.152% → +0.065%
- $8.76
- Slippage, 4 orders
- −$136.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.4
- Costs to cover
- 1.572%
- Break-even
- 16.7 days
Slippage from Bybit: live order book, 20 min ago; Binance: live order book, 3 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, 20 min ago | 8.84 bp | 41.2 bp −$41 | 215.9 bp −$2,159 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.84 bp | 48.5 bp −$49 | 147.3 bp −$1,473 | doesn't fit | doesn't fit |
GEV 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GEVUSDTlong | 0.0000% | 8h | 947.57 | long leg | $314K | $229K | 25x | |
| OKX GEV-USDT-SWAP | 0.0000% | 8h | 949.37 | +0.190% | $610K | $186K | 25x | as long as short |
| Gate GEV_USDT | 0.0000% | 8h | 950.00 | +0.256% | $294K | $18K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 950.49 | +0.308% | $492K | $93K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 949.49 | +0.203% | $9K | $37K | 10x | as long as short |
| Lighter GEV | +0.0032% | 1h | 949.30 | +0.183% | $3K | $750 | 10x | as long as short |
| Binance GEVUSDTshort | +0.0296% | 8h | 949.01 | +0.152% | $1.5M | $708K | 25x | |
| tradeXYZ xyz:GEV | +0.0382% | 1h | 947.43 | −0.015% | $584K | $151K | 10x | as long as short |
OKX GEV-USDT-SWAP
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
Lighter GEV
tradeXYZ xyz:GEV