Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit0.000%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1921.922% of the position
Funding, last 7 days+0.730%+$73 on $10k
+Price spread, last 2 days (all we have)+0.037%+$4 · spread now 0.000%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.045% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MARAUSDT | 12.980 | 0 | get 0.0000% / 8h | 7h 38m | $262K | $141K | 25x |
| Short | Binance MARAUSDT | 12.980 | 0 | get 0.0000% / 8h | 7h 38m | $175K | $480K | 20x |
Bybit MARAUSDT
Binance MARAUSDTFunding 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: 0.000% → −0.045%
- $4.49
- Slippage, 4 orders
- −$171.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$187.71
- Costs to cover
- 1.922%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 41 min ago; Binance: live order book, 23 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, 41 min ago | 7.67 bp | 84.7 bp −$85 | 1096.4 bp −$11.0K | doesn't fit | doesn't fit |
| Sell Binance live order book, 23 min ago | 3.83 bp | 31.7 bp −$32 | 85.3 bp −$853 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MARAUSDT | −0.0028% | 8h | 12.968 | −0.092% | $89K | $2.8M | 20x | as long as short |
| Binance MARAUSDTshort | 0.0000% | 8h | 12.980 | 0.000% | $175K | $480K | 20x | |
| Bybit MARAUSDTlong | 0.0000% | 8h | 12.980 | long leg | $262K | $141K | 25x | |
| OKX MARA-USDT-SWAP | 0.0000% | 8h | 12.980 | 0.000% | $60K | $184K | 20x | as long as short |
| Gate MARA_USDT | 0.0000% | 8h | 12.993 | +0.100% | $30K | $13K | 20x | as long as short |
| HTX MARA-USDT | 0.0000% | 8h | 12.960 | −0.154% | $5K | $254K | 20x | as long as short |
| Phemex MARAUSDT | 0.0000% | 8h | 12.970 | −0.077% | $371K | $38K | 20x | as long as short |
| Extended MARA-USD | +0.0040% | 1h | 12.976 | −0.029% | $1K | — | 5x | as long as short |
| KuCoin MARAUSDTM | +0.0100% | 8h | 12.985 | +0.039% | $25K | $2.9M | 20x | as long as short |
| edgeX MARAUSDC | +0.0502% | 4h | 12.977 | −0.025% | $15K | $311K | 10x | as long as short |
Bitget MARAUSDT
OKX MARA-USDT-SWAP
Gate MARA_USDT
HTX MARA-USDT
Phemex MARAUSDT
Extended MARA-USD
KuCoin MARAUSDTM
edgeX MARAUSDC