Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.048%
Price spread now: Bybit against Binance−0.086%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1901.901% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 2 days (all we have)+0.024%+$2 · spread now −0.086%, 7d avg −0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.025% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GSUSDT | 959.05 | 0 | get 0.0000% / 8h | 3h 55m | $430K | $365K | 20x |
| Short | Bybit GSUSDT | 958.23 | 0 | get 0.0000% / 8h | 3h 55m | $287K | $42K | 25x |
Binance GSUSDT
Bybit GSUSDTFunding 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: −0.086% → −0.110%
- $2.48
- Slippage, 4 orders
- −$169.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$187.62
- Costs to cover
- 1.901%
- Break-even
- never at this rate
Slippage from Binance: live order book, 66 min ago; Bybit: live order book, 50 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, 66 min ago | 2.97 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 50 min ago | 8.09 bp | 57.7 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
GS on 9 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 GSUSDTlong | 0.0000% | 8h | 959.05 | long leg | $430K | $365K | 20x | |
| Bybit GSUSDTshort | 0.0000% | 8h | 958.23 | −0.086% | $287K | $42K | 25x | |
| QFEX GS-USD | 0.0000% | 1h | 958.12 | −0.097% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 957.90 | −0.120% | $227K | $9K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 959.31 | +0.027% | $353K | $37K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.84 | −0.127% | $211 | $120K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 960.34 | +0.135% | $9K | $38K | 10x | as long as short |
| edgeX GSUSDC | +0.0033% | 4h | 958.83 | −0.023% | $26K | $242K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 988.81 | +3.103% | $11K | $39K | 12x | as long as short |
QFEX GS-USD
Gate GS_USDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
edgeX GSUSDC
Injective GS/USDC PERP