Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Bybit against Extended−0.983%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.983% cheaper against Extended than usual: you would sell low and buy high (−$98 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MARA-USD | 13.321 | 0.0040 | pay 0.0005% / 1h | 51m 54s | $1K | — | 5x |
| Short | Bybit MARAUSDT | 13.190 | 0 | get 0.0000% / 8h | 3h 51m | $259K | $137K | 25x |
Extended MARA-USD
Bybit MARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$8.4
- Price spread: −0.983% → 0.000%
- −$98.34
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$122.74
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 48 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 48 min ago | 7.58 bp | 80.7 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 MARAUSDT | 0.0000% | 8h | 13.199 | −0.914% | $177K | $473K | 20x | as long as short |
| Bybit MARAUSDTshort | 0.0000% | 8h | 13.190 | −0.983% | $259K | $137K | 25x | |
| OKX MARA-USDT-SWAP | 0.0000% | 8h | 13.170 | −1.134% | $61K | $187K | 20x | as long as short |
| Gate MARA_USDT | 0.0000% | 8h | 13.213 | −0.811% | $31K | $22K | 20x | as long as short |
| Bitget MARAUSDT | 0.0000% | 8h | 13.198 | −0.923% | $97K | $2.9M | 20x | as long as short |
| HTX MARA-USDT | 0.0000% | 8h | 13.170 | −1.134% | $5K | $272K | 20x | as long as short |
| Phemex MARAUSDT | 0.0000% | 8h | 13.200 | −0.908% | $377K | $38K | 20x | as long as short |
| Extended MARA-USDlong | +0.0040% | 1h | 13.321 | long leg | $1K | — | 5x | |
| KuCoin MARAUSDTM | +0.0100% | 8h | 13.189 | −0.991% | $30K | $2.9M | 20x | as long as short |
| edgeX MARAUSDC | +0.0546% | 4h | 13.203 | −0.888% | $15K | $313K | 10x | as long as short |
Binance MARAUSDT
OKX MARA-USDT-SWAP
Gate MARA_USDT
Bitget MARAUSDT
HTX MARA-USDT
Phemex MARAUSDT
KuCoin MARAUSDTM
edgeX MARAUSDC