Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.042%
Price spread now: Bybit against Binance+0.136%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2292.289% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 2 days (all we have)−0.292%−$29 · spread now +0.136%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.140% dearer against Binance than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKDDUSDT | 7.0204 | 0 | get 0.0000% / 8h | 2h 15m | $339K | $1.1M | 20x |
| Short | Bybit SKDDUSDT | 7.0300 | 0 | get 0.0000% / 8h | 2h 15m | $57K | $152K | 25x |
Binance SKDDUSDT
Bybit SKDDUSDTFunding 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: +0.136% → −0.004%
- $14.05
- Slippage, 4 orders
- −$207.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$214.85
- Costs to cover
- 2.289%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 14 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, 2 min ago | 4.27 bp | 24.8 bp −$25 | 115.0 bp −$1,150 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 14 min ago | 14.24 bp | 80.3 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
SKDD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKDDUSDC | −0.0600% | 4h | 7.0099 | −0.151% | $8K | $162K | 10x | as long as short |
| Binance SKDDUSDTlong | 0.0000% | 8h | 7.0204 | long leg | $339K | $1.1M | 20x | |
| Bybit SKDDUSDTshort | 0.0000% | 8h | 7.0300 | +0.136% | $57K | $152K | 25x | |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 7.0310 | +0.150% | $401K | $907K | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 7.0240 | +0.051% | $119K | $28K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 7.0100 | −0.149% | $684K | $91K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 7.0190 | −0.021% | $2K | $59K | 20x | as long as short |
| Bitget SKDDUSDT | +0.2355% | 8h | 7.0050 | −0.220% | $184K | $188K | 20x | as long as short |
| MEXC SKDD_USDT | +0.4122% | 8h | 7.0210 | +0.008% | $873K | $133K | 20x | as long as short |
edgeX SKDDUSDC
OKX SKDD-USDT-SWAP
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT
Bitget SKDDUSDT
MEXC SKDD_USDT