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−0.164%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2252.247% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 2 days (all we have)+0.200%+$20 · spread now −0.164%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.147% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NETUSDT | 353.25 | 0 | get 0.0000% / 8h | 4h 01m | $366K | $772K | 20x |
| Short | Bybit NETUSDT | 352.67 | 0 | get 0.0000% / 8h | 4h 01m | $383K | $108K | 25x |
Binance NETUSDT
Bybit NETUSDTFunding 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: −0.164% → −0.017%
- −$14.72
- Slippage, 4 orders
- −$203.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$239.4
- Costs to cover
- 2.247%
- Break-even
- never at this rate
Slippage from Binance: live order book, 61 min ago; Bybit: live order book, 48 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, 61 min ago | 4.67 bp | 30.1 bp −$30 | 92.3 bp −$923 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 48 min ago | 10.47 bp | 111.3 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
NET 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:NET | −0.2668% | 1h | 352.57 | −0.192% | $175K | $37K | 10x | as long as short |
| edgeX NETUSDC | −0.0636% | 4h | 353.07 | −0.050% | $37K | $328K | 10x | as long as short |
| Binance NETUSDTlong | 0.0000% | 8h | 353.25 | long leg | $366K | $772K | 20x | |
| Bybit NETUSDTshort | 0.0000% | 8h | 352.67 | −0.164% | $383K | $108K | 25x | |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.03 | −0.062% | $177K | $102K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 352.50 | −0.212% | $40K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.30 | +0.014% | $182K | $553K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 353.32 | +0.020% | $9K | $343K | 20x | as long as short |
| tradeXYZ xyz:NET | +0.0050% | 1h | 353.28 | +0.008% | $385K | $193K | 10x | as long as short |
| Phoenix NET | +0.0226% | 1h | 353.46 | +0.059% | $166 | $85K | 10x | as long as short |
Paragon para:NET
edgeX NETUSDC
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
tradeXYZ xyz:NET
Phoenix NET