Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h —
Price spread now: Bybit against Binance−0.026%7-day average −0.200% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3453.452% of the position
Funding, last 7 days—no history yet
+Price spread, last 6 hours (all we have)−0.173%−$17 · spread now −0.026%, 7d avg −0.200%
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.173% dearer against Binance than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.200%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MOONSHOTUSDT | 68.708 | 0.0050 | pay 0.0050% / 8h | 5h 57m | $711K | $5.9M | 20x |
| Short | Bybit MOONSHOTUSDT | 68.690 | 0 | get 0.0000% / 8h | 5h 57m | $359K | $212K | 10x |
Binance MOONSHOTUSDT
Bybit MOONSHOTUSDTFunding 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
- −$10.5
- Price spread: −0.026% → −0.200%
- $17.33
- Slippage, 4 orders
- −$324.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$338.38
- Costs to cover
- 3.452%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 49 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, 4 min ago | 2.21 bp | 30.4 bp −$30 | 207.5 bp −$2,075 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 49 min ago | 41.87 bp | 47.4 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
MOONSHOT on 7 exchanges
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 MOONSHOTUSDTshort | 0.0000% | 8h | 68.690 | −0.026% | $359K | $212K | 10x | |
| OKX MOONSHOT-USDT-SWAP | 0.0000% | 8h | 68.630 | −0.114% | $357K | $493K | 5x | as long as short |
| Bitget MOONSHOTUSDT | 0.0000% | 8h | 68.210 | −0.725% | $1.3M | $3.9M | 10x | as long as short |
| Binance MOONSHOTUSDTlong | +0.0050% | 8h | 68.708 | long leg | $711K | $5.9M | 20x | |
| HTX MOONSHOT-USDT | +0.0050% | 8h | 68.170 | −0.783% | $123 | $2K | 20x | as long as short |
| Gate MOONSHOT_USDT | +0.0100% | 8h | 68.600 | −0.157% | $25K | $53K | 10x | as long as short |
| SunX MOONSHOT-USDT | +0.0447% | 8h | 67.920 | −1.147% | — | $2K | — | as long as short |
OKX MOONSHOT-USDT-SWAP
Bitget MOONSHOTUSDT
HTX MOONSHOT-USDT
Gate MOONSHOT_USDT
SunX MOONSHOT-USDT