Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against Bybit−0.178%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2502.501% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 2 days (all we have)+0.212%+$21 · spread now −0.178%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.138% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SHOPUSDT | 140.74 | 0 | get 0.0000% / 8h | 4h 42m | $861K | $84K | 25x |
| Short | Binance SHOPUSDT | 140.49 | 0 | get 0.0000% / 8h | 4h 42m | $395K | $869K | 20x |
Bybit SHOPUSDT
Binance SHOPUSDTFunding 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: −0.178% → −0.040%
- −$13.83
- Slippage, 4 orders
- −$229.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$263.91
- Costs to cover
- 2.501%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 13 min ago; Binance: live order book, 20 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, 13 min ago | 6.76 bp | 117.2 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 20 min ago | 6.39 bp | 34.3 bp −$34 | 110.5 bp −$1,105 | doesn't fit | doesn't fit |
SHOP on 8 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 SHOPUSDTshort | 0.0000% | 8h | 140.49 | −0.178% | $395K | $869K | 20x | |
| Bybit SHOPUSDTlong | 0.0000% | 8h | 140.74 | long leg | $861K | $84K | 25x | |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 140.49 | −0.178% | $128K | $317K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.57 | −0.121% | $340K | $165K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.62 | −0.085% | $9K | $348K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −1.432% | $263K | $6K | 10x | as long as short |
| edgeX SHOPUSDC | +0.0817% | 4h | 140.59 | −0.106% | $18K | $225K | 10x | as long as short |
| Gate SHOP_USDT | +0.1652% | 8h | 140.50 | −0.171% | $270K | $62K | 20x | as long as short |
OKX SHOP-USDT-SWAP
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
edgeX SHOPUSDC
Gate SHOP_USDT