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+0.035%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1691.687% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.070%−$7 · spread now +0.035%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TXNUSDT | 270.10 | 0 | get 0.0000% / 8h | 40m 54s | $279K | $466K | 25x |
| Short | Bybit TXNUSDT | 270.19 | 0 | get 0.0000% / 8h | 40m 54s | $165K | $57K | 25x |
Binance TXNUSDT
Bybit TXNUSDTFunding 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: +0.035% → +0.007%
- $2.81
- Slippage, 4 orders
- −$147.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$165.88
- Costs to cover
- 1.687%
- Break-even
- never at this rate
Slippage from Binance: live order book, 36 min ago; Bybit: live order book, 44 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, 36 min ago | 3.90 bp | 25.1 bp −$25 | 118.2 bp −$1,182 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 44 min ago | 14.08 bp | 57.6 bp −$58 | 221.6 bp −$2,216 | doesn't fit | doesn't fit |
TXN 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 TXNUSDTlong | 0.0000% | 8h | 270.10 | long leg | $279K | $466K | 25x | |
| Bybit TXNUSDTshort | 0.0000% | 8h | 270.19 | +0.035% | $165K | $57K | 25x | |
| Gate TXN_USDT | 0.0000% | 8h | 270.20 | +0.039% | $226K | $92K | 20x | as long as short |
| Bitget TXNUSDT | 0.0000% | 8h | 270.27 | +0.065% | $153K | $102K | 20x | as long as short |
| Variational Omni TXN | 0.0000% | 8h | 270.05 | −0.018% | $20K | $13K | — | as long as short |
| Extended TXN-USD | +0.0040% | 1h | 271.05 | +0.354% | $41K | $12K | 10x | as long as short |
| HTX TXN-USDT | +0.0100% | 8h | 270.13 | +0.013% | $4K | $36K | 10x | as long as short |
Gate TXN_USDT
Bitget TXNUSDT
Variational Omni TXN
Extended TXN-USD
HTX TXN-USDT