Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Bybit−0.038%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2432.432% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.542%+$54 · spread now −0.038%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KLACUSDT | 183.13 | 0 | get 0.0000% / 8h | 4h 51m | $323K | $319K | 25x |
| Short | Binance KLACUSDT | 183.06 | 0 | get 0.0000% / 8h | 4h 51m | $1.2M | $1.4M | 20x |
Bybit KLACUSDT
Binance KLACUSDTFunding 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: −0.038% → +0.050%
- −$8.85
- Slippage, 4 orders
- −$222.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$252.01
- Costs to cover
- 2.432%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 46 min ago; Binance: live order book, 5 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, 46 min ago | 2.73 bp | 90.4 bp −$90 | 208.1 bp −$2,081 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 4.37 bp | 23.2 bp −$23 | 95.2 bp −$952 | doesn't fit | doesn't fit |
KLAC on 10 exchanges
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 KLACUSDTshort | 0.0000% | 8h | 183.06 | −0.038% | $1.2M | $1.4M | 20x | |
| Bybit KLACUSDTlong | 0.0000% | 8h | 183.13 | long leg | $323K | $319K | 25x | |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 182.89 | −0.131% | $379K | $220K | 20x | as long as short |
| Gate KLAC_USDT | 0.0000% | 8h | 182.86 | −0.147% | $471K | $31K | 20x | as long as short |
| Bitget KLACUSDT | 0.0000% | 8h | 182.97 | −0.087% | $782K | $270K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 182.97 | −0.087% | $20K | $19K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.83 | −0.164% | $5K | — | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.75 | −0.208% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTM | +0.0100% | 8h | 182.99 | −0.076% | $203K | $1.0M | 20x | as long as short |
| HTX KLAC-USDT | +0.0100% | 8h | 183.07 | −0.033% | $9K | $356K | 10x | as long as short |
OKX KLAC-USDT-SWAP
Gate KLAC_USDT
Bitget KLACUSDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
KuCoin KLACUSDTM
HTX KLAC-USDT