Settings8H · net · $10k
Funding arb · Price arb /

SONY

RWAall SONY markets
SwapBacktest
Alert: funding
Alert: spread
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: Binance against Bybit+0.001%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SONYUSDT23.6800get 0.0000% / 8h22m 48s$98K$32K25x
ShortBinance SONYUSDT23.6800get 0.0000% / 8h22m 48s$347K$253K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.001% → 0.000%
$0.08
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.92
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: no order-book sample; Binance: live order book, 54 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit no order-book sample
Sell Binance live order book, 54 min ago4.22 bp28.1 bp −$28116.2 bp −$1,162doesn't fitdoesn't fit
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SONY on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SONYUSDTshort0.0000%8h23.680+0.001%$347K$253K20x
Bybit SONYUSDTlong0.0000%8h23.680long leg$98K$32K25x
OKX SONY-USDT-SWAP0.0000%8h23.670−0.042%$75K$28K10xas long as short
Gate SONY_USDT0.0000%8h23.681+0.004%$64K$1K20xas long as short
Bitget SONYUSDT0.0000%8h23.661−0.080%$149K$8K20xas long as short
Variational Omni SONY0.0000%8h23.676−0.018%$46K$9Kas long as short
HTX SONY-USDT+0.0100%8h23.710+0.127%$8K$9K10xas long as short
KuCoin SONYUSDTM+0.0266%8h23.660−0.084%$60K$339K20xas long as short