Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: Bybit against Binance−0.026%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1681.676% of the position
Funding, last 7 days−0.468%−$47 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.026%, 7d avg −0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TENCENTUSDT | 57.575 | 0 | get 0.0000% / 4h | 51m 50s | $2.9M | $5.1M | 25x |
| Short | Bybit TENCENTUSDT | 57.560 | 0 | get 0.0000% / 8h | 4h 51m | $251K | $152K | 25x |
Binance TENCENTUSDT
Bybit TENCENTUSDTFunding 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: −0.026% → −0.035%
- $0.9
- Slippage, 4 orders
- −$146.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$166.71
- Costs to cover
- 1.676%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 45 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, 9 min ago | 2.60 bp | 16.8 bp −$17 | 65.0 bp −$650 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 45 min ago | 8.69 bp | 60.6 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
TENCENT on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TENCENTUSDTM | −0.0144% | 4h | 57.470 | −0.182% | $120K | $847K | 20x | as long as short |
| edgeX TENCENTUSDC | −0.0009% | 4h | 57.595 | +0.034% | $119K | $215K | 10x | as long as short |
| Aster TENCENTUSDT | 0.0000% | 8h | 57.617 | +0.073% | $44K | $12K | 20x | as long as short |
| Binance TENCENTUSDTlong | 0.0000% | 4h | 57.575 | long leg | $2.9M | $5.1M | 25x | |
| Bybit TENCENTUSDTshort | 0.0000% | 8h | 57.560 | −0.026% | $251K | $152K | 25x | |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.550 | −0.043% | $1.6M | $688K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.520 | −0.095% | $1.2M | $1.5M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.800 | +0.391% | $10K | $46K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 57.940 | +0.634% | $84K | $32K | 10x | as long as short |
KuCoin TENCENTUSDTM
edgeX TENCENTUSDC
Aster TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT