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: Bybit against Binance−0.017%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3423.417% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 2 days (all we have)+0.073%+$7 · spread now −0.017%, 7d avg −0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TERUSDT | 376.39 | 0 | get 0.0000% / 8h | 1h 35m | $521K | $1.0M | 25x |
| Short | Bybit TERUSDT | 376.33 | 0 | get 0.0000% / 8h | 1h 35m | $250K | $183K | 25x |
Binance TERUSDT
Bybit TERUSDTFunding 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: −0.017% → −0.056%
- $3.93
- Slippage, 4 orders
- −$320.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$337.75
- Costs to cover
- 3.417%
- Break-even
- never at this rate
Slippage from Binance: live order book, 72 min ago; Bybit: live order book, 54 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, 72 min ago | 3.56 bp | 26.3 bp −$26 | 102.0 bp −$1,020 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 54 min ago | 15.48 bp | 155.0 bp −$155 | 252.9 bp −$2,529 | doesn't fit | doesn't fit |
TER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TERUSDT | −0.0235% | 8h | 376.47 | +0.020% | $249K | $152K | 20x | as long as short |
| Binance TERUSDTlong | 0.0000% | 8h | 376.39 | long leg | $521K | $1.0M | 25x | |
| Bybit TERUSDTshort | 0.0000% | 8h | 376.33 | −0.017% | $250K | $183K | 25x | |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 376.61 | +0.057% | $204K | $178K | 20x | as long as short |
| Gate TER_USDT | 0.0000% | 8h | 376.50 | +0.028% | $293K | $214K | 20x | as long as short |
| Variational Omni TER | 0.0000% | 8h | 376.37 | −0.005% | $48K | $52K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 378.69 | +0.609% | $35K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 376.61 | +0.057% | $228K | $88K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 376.74 | +0.092% | $3K | $39K | 10x | as long as short |
| Paragon para:TER | +0.1052% | 1h | 378.31 | +0.509% | $121K | $54K | 10x | as long as short |
Bitget TERUSDT
OKX TER-USDT-SWAP
Gate TER_USDT
Variational Omni TER
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT
Paragon para:TER