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: Binance against Bybit+0.071%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 2 days (all we have)+0.036%+$4 · spread now +0.071%, 7d avg +0.126%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.055% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.126%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KOUSDT | 87.470 | 0 | get 0.0000% / 8h | 6h 24m | $343K | $19K | 25x |
| Short | Binance KOUSDT | 87.532 | 0 | get 0.0000% / 8h | 6h 24m | $809K | $591K | 20x |
Bybit KOUSDT
Binance KOUSDTFunding 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: +0.071% → +0.126%
- −$5.49
- Slippage, 4 orders
- −$86.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.54
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 35 min ago; Binance: live order book, 68 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, 35 min ago | 8.59 bp | 59.0 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 68 min ago | 1.71 bp | 16.3 bp −$16 | 76.1 bp −$761 | 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 KOUSDTshort | 0.0000% | 8h | 87.532 | +0.071% | $809K | $591K | 20x | |
| Bybit KOUSDTlong | 0.0000% | 8h | 87.470 | long leg | $343K | $19K | 25x | |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.500 | +0.034% | $759K | $291K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.470 | 0.000% | $546K | $14K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.450 | −0.023% | $543K | $142K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.540 | +0.080% | $5K | $367K | 10x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.350 | −0.137% | $56K | $2.2M | 20x | as long as short |
| edgeX KOUSDC | +0.0500% | 4h | 87.475 | +0.005% | $88K | $209K | 10x | as long as short |
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM
edgeX KOUSDC