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+0.104%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1821.816% of the position
Funding, last 7 days−0.730%−$73 on $10k
+Price spread, last 2 days (all we have)−0.029%−$3 · spread now +0.104%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.056% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MARAUSDT | 13.186 | 0 | get 0.0000% / 8h | 4h 43m | $178K | $473K | 20x |
| Short | Bybit MARAUSDT | 13.200 | 0 | get 0.0000% / 8h | 4h 43m | $259K | $137K | 25x |
Binance MARAUSDT
Bybit MARAUSDTFunding 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: +0.104% → +0.048%
- $5.56
- Slippage, 4 orders
- −$160.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$176.08
- Costs to cover
- 1.816%
- Break-even
- never at this rate
Slippage from Binance: live order book, 19 min ago; Bybit: live order book, 62 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, 19 min ago | 7.57 bp | 27.7 bp −$28 | 92.1 bp −$921 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 62 min ago | 3.79 bp | 46.6 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
MARA 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MARAUSDTlong | 0.0000% | 8h | 13.186 | long leg | $178K | $473K | 20x | |
| Bybit MARAUSDTshort | 0.0000% | 8h | 13.200 | +0.104% | $259K | $137K | 25x | |
| OKX MARA-USDT-SWAP | 0.0000% | 8h | 13.180 | −0.048% | $61K | $187K | 20x | as long as short |
| Gate MARA_USDT | 0.0000% | 8h | 13.214 | +0.210% | $31K | $22K | 20x | as long as short |
| Bitget MARAUSDT | 0.0000% | 8h | 13.194 | +0.058% | $96K | $2.9M | 20x | as long as short |
| HTX MARA-USDT | 0.0000% | 8h | 13.180 | −0.048% | $5K | $275K | 20x | as long as short |
| Phemex MARAUSDT | 0.0000% | 8h | 13.160 | −0.199% | $376K | $38K | 20x | as long as short |
| Extended MARA-USD | +0.0040% | 1h | 13.321 | +1.022% | $1K | — | 5x | as long as short |
| KuCoin MARAUSDTM | +0.0100% | 8h | 13.210 | +0.180% | $31K | $2.9M | 20x | as long as short |
| edgeX MARAUSDC | +0.0640% | 4h | 13.200 | +0.101% | $15K | $315K | 10x | as long as short |
OKX MARA-USDT-SWAP
Gate MARA_USDT
Bitget MARAUSDT
HTX MARA-USDT
Phemex MARAUSDT
Extended MARA-USD
KuCoin MARAUSDTM
edgeX MARAUSDC