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−0.050%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1761.765% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.050%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.042% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HPEUSDT | 61.971 | 0 | get 0.0000% / 8h | 3h 54m | $472K | $4.5M | 20x |
| Short | Bybit HPEUSDT | 61.940 | 0 | get 0.0000% / 8h | 3h 54m | $320K | $178K | 25x |
Binance HPEUSDT
Bybit HPEUSDTFunding 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: −0.050% → −0.008%
- −$4.22
- Slippage, 4 orders
- −$155.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$180.68
- Costs to cover
- 1.765%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bybit: live order book, 55 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, 13 min ago | 1.61 bp | 23.9 bp −$24 | 61.2 bp −$612 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 55 min ago | 10.49 bp | 88.4 bp −$88 | 214.6 bp −$2,146 | doesn't fit | doesn't fit |
HPE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HPEUSDT | 0.0000% | 8h | 61.974 | +0.005% | $835 | $146 | 20x | as long as short |
| Binance HPEUSDTlong | 0.0000% | 8h | 61.971 | long leg | $472K | $4.5M | 20x | |
| Bybit HPEUSDTshort | 0.0000% | 8h | 61.940 | −0.050% | $320K | $178K | 25x | |
| OKX HPE-USDT-SWAP | 0.0000% | 8h | 61.910 | −0.098% | $207K | $369K | 20x | as long as short |
| Gate HPE_USDT | 0.0000% | 8h | 61.950 | −0.034% | $160K | $36K | 20x | as long as short |
| Bitget HPEUSDT | 0.0000% | 8h | 62.010 | +0.063% | $960K | $361K | 20x | as long as short |
| Variational Omni HPE | 0.0000% | 8h | 62.024 | +0.086% | $37K | $257K | — | as long as short |
| SunX HPE-USDT | 0.0000% | 8h | 61.940 | −0.050% | $1K | $289K | 10x | as long as short |
| HTX HPE-USDT | 0.0000% | 8h | 62.040 | +0.111% | $8K | $1K | 10x | as long as short |
| KuCoin HPEUSDTM | +0.0301% | 8h | 62.090 | +0.192% | $232K | $424K | 20x | as long as short |
Aster HPEUSDT
OKX HPE-USDT-SWAP
Gate HPE_USDT
Bitget HPEUSDT
Variational Omni HPE
SunX HPE-USDT
HTX HPE-USDT
KuCoin HPEUSDTM