Funding you earn now, next payment 16:00 UTC+0.0205%/8h= +22.4% APRnext payment +$2.05 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.143%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1341.341% of the position
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 7 days+0.138%+$14 · spread now −0.143%, 7d avg −0.028%
=Funding pays, the price is against you. Binance is 0.115% cheaper against Bybit than usual: you would sell low and buy high (spread −0.143% now, against its 7-day average of −0.028%). If the spread goes back, that is −$11 on $10k: about 45 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.175% in total) that is about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STXXUSDT | 861.54 | −0.0328 | get 0.0328% / 8h | 7h 44m | $251K | $160K | 25x |
| Short | Binance STXXUSDT | 860.31 | −0.0123 | pay 0.0123% / 8h | 7h 44m | $1.3M | $3.8M | 20x |
Bybit STXXUSDT
Binance STXXUSDTFunding 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
- $42.98
- Price spread: −0.143% → −0.028%
- −$11.5
- Slippage, 4 orders
- −$113.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$102.59
- Costs to cover
- 1.341%
- Break-even
- 23.7 days
Slippage from Bybit: live order book, 11 min ago; Binance: live order book, 7 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, 11 min ago | 15.84 bp | 53.9 bp −$54 | 284.8 bp −$2,848 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.69 bp | 17.6 bp −$18 | 58.9 bp −$589 | doesn't fit | doesn't fit |
STXX 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT STXX_USDT_Perp | −0.2525% | 8h | 859.37 | −0.252% | $52 | $129K | 10x | as long as short |
| Bybit STXXUSDTlong | −0.0328% | 8h | 861.54 | long leg | $251K | $160K | 25x | |
| BloFin STXX-USDT | −0.0135% | 8h | 860.20 | −0.156% | $26K | $76K | 20x | as long as short |
| Variational Omni STXX | −0.0128% | 8h | 859.21 | −0.270% | $115K | $411 | — | as long as short |
| Binance STXXUSDTshort | −0.0123% | 8h | 860.31 | −0.143% | $1.3M | $3.8M | 20x | |
| Extended STXX-USD | −0.0112% | 1h | 860.18 | −0.158% | $47K | $242K | 10x | as long as short |
| Aster STXXUSDT | 0.0000% | 8h | 861.88 | +0.039% | $18K | $30K | 20x | as long as short |
| KuCoin STXXUSDTM | +0.0100% | 8h | 860.14 | −0.162% | $102K | $128K | 20x | as long as short |
| HTX STXX-USDT | +0.0100% | 8h | 859.16 | −0.276% | $10K | $35K | 10x | as long as short |
GRVT STXX_USDT_Perp
BloFin STXX-USDT
Variational Omni STXX
Extended STXX-USD
Aster STXXUSDT
KuCoin STXXUSDTM
HTX STXX-USDT