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−0.160%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.085% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 2 days (all we have)+0.056%+$6 · spread now −0.160%, 7d avg −0.127%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KOUSDT | 87.460 | 0 | get 0.0000% / 8h | 7h 14m | $808K | $588K | 20x |
| Short | Bybit KOUSDT | 87.320 | 0 | get 0.0000% / 8h | 7h 14m | $343K | $19K | 25x |
Binance KOUSDT
Bybit KOUSDTFunding 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: −0.160% → −0.127%
- −$3.32
- Slippage, 4 orders
- −$87.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$111.86
- Costs to cover
- 1.085%
- Break-even
- never at this rate
Slippage from Binance: live order book, 17 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, 17 min ago | 1.71 bp | 11.0 bp −$11 | 61.7 bp −$617 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 50 min ago | 6.29 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
KO 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KOUSDTlong | 0.0000% | 8h | 87.460 | long leg | $808K | $588K | 20x | |
| Bybit KOUSDTshort | 0.0000% | 8h | 87.320 | −0.160% | $343K | $19K | 25x | |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.400 | −0.069% | $759K | $287K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.390 | −0.080% | $545K | $14K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.450 | −0.011% | $543K | $142K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.470 | +0.011% | $5K | $367K | 10x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.290 | −0.194% | $54K | $2.2M | 20x | as long as short |
| edgeX KOUSDC | +0.0750% | 4h | 87.380 | −0.091% | $88K | $211K | 10x | as long as short |
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM
edgeX KOUSDC