Settings8H · net · $10k
Funding arb · Price arb /

XBI

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Alert: funding
Alert: spread
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+0.066%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1441.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 2 days (all we have)−0.129%−$13 · spread now +0.066%, 7d avg −0.052%
Together, before fees−0.125%−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.119% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XBIUSDT158.050get 0.0000% / 8h2h 13m$336K$326K25x
ShortBybit XBIUSDT158.150get 0.0000% / 8h2h 13m$186K$60K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.066% → −0.052%
$11.88
Slippage, 4 orders
−$122.88
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$132
Costs to cover
1.439%
Break-even
never at this rate
Slippage from Binance: live order book, 18 min ago; Bybit: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 18 min ago2.53 bp21.6 bp −$2281.4 bp −$814doesn't fitdoesn't fit
Sell Bybit live order book, 17 min ago9.81 bp52.3 bp −$52205.5 bp −$2,055doesn't fitdoesn't fit

XBI on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XBIUSDTlong0.0000%8h158.05long leg$336K$326K25x
Bybit XBIUSDTshort0.0000%8h158.15+0.066%$186K$60K25x
OKX XBI-USDT-SWAP0.0000%8h157.89−0.098%$71K$43K20xas long as short
Gate XBI_USDT0.0000%8h158.20+0.098%$94K$2K20xas long as short
MEXC XBI_USDT0.0000%8h158.10+0.035%$39K$84K20xas long as short
Bitget XBIUSDT0.0000%8h158.14+0.060%$90K$10K20xas long as short
Variational Omni XBI0.0000%8h158.02−0.018%$19K$74Kas long as short
HTX XBI-USDT0.0000%8h158.05+0.003%$885$40K10xas long as short
tradeXYZ xyz:XBI+0.0427%1h158.18+0.085%$37K$21K10xas long as short