Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 32.874 | 0 | 0.0000% / 8h | 7h 06m | $80K | $783K | 20x | Long Binance | |
| SHORT | 32.870 | 0 | 0.0000% / 8h | 7h 06m | $93K | $215K | 25x | Short Bybit |
Price gap−0.013%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$4 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$210.0000% /8h now · paid +0.214% over the last 7D
Price+$4spread −0.013% now, avg −0.053% → +0.041% if it goes back
Costs−$2212.210% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.013%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hZCSH on 7 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size41.9 / 70.6 bpAt $10k entering Bybit costs 70.6 bp, fee and slippage, 1.7× Binance’s.
- Note: Margin at max leverage$500 + $400Binance 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short Bybit: 3 payments, $0.00.
- OK: Entry gap works for you−0.013% vs −0.053%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$80K vs $93K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Bybit YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0102%/8h × 21 periods+$21.40
Price spread−0.013% → −0.053% (7d avg)+$4.05
Slippage, 4 orderslive order books−$202.02
Fee Binance bp × 2 orders−$8.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$195.57
Costs to cover2.210%Break-even71.0 days
Slippage: Binance: live order book, 40 min ago; Bybit: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance3.0141.9 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit9.1570.6 bp−$71doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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