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−0.062%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1671.672% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 2 days (all we have)−0.014%−$1 · spread now −0.062%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VUSDT | 368.90 | 0 | get 0.0000% / 8h | 4h 26m | $596K | $272K | 20x |
| Short | Bybit VUSDT | 368.67 | 0 | get 0.0000% / 8h | 4h 26m | $127K | $10K | 25x |
Binance VUSDT
Bybit VUSDTFunding 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: −0.062% → −0.050%
- −$1.28
- Slippage, 4 orders
- −$146.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$168.51
- Costs to cover
- 1.672%
- Break-even
- never at this rate
Slippage from Binance: live order book, 35 min ago; Bybit: live order book, 13 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, 35 min ago | 3.11 bp | 11.6 bp −$12 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 13 min ago | 15.06 bp | 76.7 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
V on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTM | −0.0224% | 8h | 367.84 | −0.287% | $291K | $771K | 20x | as long as short |
| Injective V/USDC PERP | −0.0220% | 1h | 363.32 | −1.513% | $17K | $30K | 12x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.28 | +0.104% | $17K | $6K | 20x | as long as short |
| Binance VUSDTlong | 0.0000% | 8h | 368.90 | long leg | $596K | $272K | 20x | |
| Bybit VUSDTshort | 0.0000% | 8h | 368.67 | −0.062% | $127K | $10K | 25x | |
| Gate V_USDT | 0.0000% | 8h | 369.00 | +0.027% | $190K | $5K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.61 | +0.192% | $122K | $11K | 20x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 368.82 | −0.022% | — | $637K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.17 | +0.073% | $6K | $33K | 20x | as long as short |
| GRVT V_USDT_Perp | +0.0011% | 8h | 369.06 | +0.043% | $11K | $157K | 10x | as long as short |
KuCoin VUSDTM
Injective V/USDC PERP
Aster VUSDT
Gate V_USDT
Bitget VUSDT
SunX V-USDT
HTX V-USDT
GRVT V_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX VUSDC | +0.0263% | 4h | 368.97 | +0.020% | $192K | $181K | 10x | as long as short |
edgeX VUSDC