Funding you earn now, next payment 08:00 UTC+0.0232%/8h= +25.4% APRpaid last 24h +0.041%
Price spread now: Binance against Bybit−0.117%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2762.761% of the position
Funding, last 7 days+0.450%+$45 on $10k
+Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.117%, 7d avg −0.027%
=Funding pays, the price is against you. Binance is 0.090% cheaper against Bybit than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.027%). If the spread goes back, that is −$9 on $10k: about 31 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KUAISHOUUSDT | 3.9800 | 0 | get 0.0000% / 8h | 1h 41m | $138K | $35K | 25x |
| Short | Binance KUAISHOUUSDT | 3.9753 | 0.0232 | get 0.0116% / 4h | 1h 41m | $2.0M | $674K | 20x |
Bybit KUAISHOUUSDT
Binance KUAISHOUUSDTFunding 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
- $48.64
- Price spread: −0.117% → −0.027%
- −$9
- Slippage, 4 orders
- −$255.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$236.41
- Costs to cover
- 2.761%
- Break-even
- 41.0 days
Slippage from Bybit: live order book, 49 min ago; Binance: live order book, 8 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, 49 min ago | 12.48 bp | 110.0 bp −$110 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.51 bp | 30.9 bp −$31 | 238.4 bp −$2,384 | doesn't fit | doesn't fit |
KUAISHOU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit KUAISHOUUSDTlong | 0.0000% | 8h | 3.9800 | long leg | $138K | $35K | 25x | |
| Gate KUAISHOU_USDT | 0.0000% | 8h | 3.9810 | +0.025% | $460K | $28K | 25x | as long as short |
| Bitget KUAISHOUUSDT | 0.0000% | 8h | 3.9880 | +0.201% | $397K | $152K | 5x | as long as short |
| HTX KUAISHOU-USDT | 0.0000% | 4h | 4.0700 | +2.261% | $11K | $2K | 10x | as long as short |
| KuCoin KUAISHOUUSDTM | +0.0100% | 4h | 3.9790 | −0.025% | $19K | $1.6M | 20x | as long as short |
| Binance KUAISHOUUSDTshort | +0.0232% | 4h | 3.9753 | −0.117% | $2.0M | $674K | 20x | |
| Aster KUAISHOUUSDT | +0.0268% | 8h | 4.0062 | +0.658% | $42K | $9K | 20x | as long as short |
| edgeX KUAISHOUUSDC | +0.1119% | 4h | 3.9821 | +0.052% | $13K | $189K | 10x | as long as short |
Gate KUAISHOU_USDT
Bitget KUAISHOUUSDT
HTX KUAISHOU-USDT
KuCoin KUAISHOUUSDTM
Aster KUAISHOUUSDT
edgeX KUAISHOUUSDC