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: Binance against Bybit−0.138%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2342.340% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.157%+$16 · spread now −0.138%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.135% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TXNUSDT | 270.49 | 0 | get 0.0000% / 8h | 2h 36m | $165K | $61K | 25x |
| Short | Binance TXNUSDT | 270.12 | 0 | get 0.0000% / 8h | 2h 36m | $286K | $469K | 25x |
Bybit TXNUSDT
Binance TXNUSDTFunding 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
- $0
- Price spread: −0.138% → −0.003%
- −$13.5
- Slippage, 4 orders
- −$213.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$247.52
- Costs to cover
- 2.340%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 58 min ago; Binance: live order book, 70 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, 58 min ago | 12.93 bp | 61.4 bp −$61 | 237.2 bp −$2,372 | doesn't fit | doesn't fit |
| Sell Binance live order book, 70 min ago | 7.02 bp | 44.7 bp −$45 | 103.4 bp −$1,034 | 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 TXNUSDTshort | 0.0000% | 8h | 270.12 | −0.138% | $286K | $469K | 25x | |
| Bybit TXNUSDTlong | 0.0000% | 8h | 270.49 | long leg | $165K | $61K | 25x | |
| Gate TXN_USDT | 0.0000% | 8h | 270.10 | −0.144% | $226K | $95K | 20x | as long as short |
| Bitget TXNUSDT | 0.0000% | 8h | 270.21 | −0.104% | $153K | $103K | 20x | as long as short |
| Variational Omni TXN | 0.0000% | 8h | 270.20 | −0.108% | $20K | $13K | — | as long as short |
| Extended TXN-USD | +0.0040% | 1h | 271.05 | +0.208% | $41K | $12K | 10x | as long as short |
| HTX TXN-USDT | +0.0100% | 8h | 269.67 | −0.303% | $4K | $36K | 10x | as long as short |
Gate TXN_USDT
Bitget TXNUSDT
Variational Omni TXN
Extended TXN-USD
HTX TXN-USDT