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: Binance against Bybit−0.131%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−$378as 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)+0.331%+$33 · spread now −0.131%, 7d avg +0.200%
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 0.331% cheaper against Bybit than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of +0.200%). If the spread goes back, that is −$33 on $10k: about 22 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MOONSHOTUSDT | 68.630 | 0 | get 0.0000% / 8h | 5h 55m | $358K | $212K | 10x |
| Short | Binance MOONSHOTUSDT | 68.540 | 0.0050 | get 0.0050% / 8h | 5h 55m | $709K | $6.0M | 20x |
Bybit MOONSHOTUSDT
Binance MOONSHOTUSDTFunding 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
- $10.5
- Price spread: −0.131% → +0.200%
- −$33.09
- Slippage, 4 orders
- −$324.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$367.8
- Costs to cover
- 3.452%
- Break-even
- 252.2 days
Slippage from Bybit: live order book, 51 min ago; Binance: live order book, 6 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, 51 min ago | 41.87 bp | 234.8 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.21 bp | 32.6 bp −$33 | 73.4 bp −$734 | 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 MOONSHOTUSDTlong | 0.0000% | 8h | 68.630 | long leg | $358K | $212K | 10x | |
| OKX MOONSHOT-USDT-SWAP | 0.0000% | 8h | 68.860 | +0.335% | $358K | $495K | 5x | as long as short |
| Bitget MOONSHOTUSDT | 0.0000% | 8h | 68.140 | −0.714% | $1.3M | $4.0M | 10x | as long as short |
| Binance MOONSHOTUSDTshort | +0.0050% | 8h | 68.540 | −0.131% | $709K | $6.0M | 20x | |
| HTX MOONSHOT-USDT | +0.0050% | 8h | 69.150 | +0.758% | $129 | $2K | 20x | as long as short |
| Gate MOONSHOT_USDT | +0.0100% | 8h | 68.640 | +0.015% | $25K | $55K | 10x | as long as short |
| SunX MOONSHOT-USDT | +0.1347% | 8h | 67.920 | −1.035% | — | $2K | — | as long as short |
OKX MOONSHOT-USDT-SWAP
Bitget MOONSHOTUSDT
HTX MOONSHOT-USDT
Gate MOONSHOT_USDT
SunX MOONSHOT-USDT