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−0.150%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.052%+$5 · spread now −0.150%, 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 0.093% cheaper against Binance than usual: you would sell low and buy high, −$9 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 TSLLUSDT | 10.165 | 0 | get 0.0000% / 8h | 2h 36m | $252K | $603K | 20x |
| Short | Bybit TSLLUSDT | 10.150 | 0 | get 0.0000% / 8h | 2h 36m | $335K | $163K | 25x |
Binance TSLLUSDT
Bybit TSLLUSDTFunding 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: −0.150% → −0.056%
- −$9.34
- Slippage, 4 orders
- −$67.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$98.13
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from Binance: live order book, 70 min ago; Bybit: live order book, 58 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, 70 min ago | 4.91 bp | 19.9 bp −$20 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 58 min ago | 9.83 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
TSLL on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TSLLUSDTlong | 0.0000% | 8h | 10.165 | long leg | $252K | $603K | 20x | |
| Bybit TSLLUSDTshort | 0.0000% | 8h | 10.150 | −0.150% | $335K | $163K | 25x | |
| OKX TSLL-USDT-SWAP | 0.0000% | 8h | 10.164 | −0.012% | $231K | $318K | 20x | as long as short |
| Gate TSLL_USDT | 0.0000% | 8h | 10.163 | −0.022% | $209K | $12K | 20x | as long as short |
| MEXC TSLL_USDT | 0.0000% | 8h | 10.150 | −0.150% | $237K | $96K | 20x | as long as short |
| Bitget TSLLUSDT | 0.0000% | 8h | 10.149 | −0.160% | $413K | $338K | 20x | as long as short |
| HTX TSLL-USDT | +0.0100% | 8h | 10.140 | −0.248% | $5K | $40K | 10x | as long as short |
OKX TSLL-USDT-SWAP
Gate TSLL_USDT
MEXC TSLL_USDT
Bitget TSLLUSDT
HTX TSLL-USDT