Funding you earn now, next payment 08:00 UTC+0.0130%/8h= +14.2% APRnext payment +$0.65 per $10,000 · paid last 24h +0.064%
Price spread now: Binance against Bybit+0.095%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$424as in the Funding arb table
Net, price: spread back to 7d avg − costs−$438as in the Price arb table
costs, in and out, $10k−$4384.383% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.095%, 7d avg +0.093%
=The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.02009 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $2.6M | $2.0M | 5x |
| Short | Binance 4USDT | 0.02011 | 0.0230 | get 0.0115% / 4h | 2h 52m | $7.9M | $13.3M | 20x |
Bybit 4USDT
Binance 4USDTFunding 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
- $27.25
- Price spread: +0.095% → +0.093%
- $0.18
- Slippage, 4 orders
- −$417.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$410.92
- Costs to cover
- 4.383%
- Break-even
- 112.6 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 3 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, 5 min ago | 3.74 bp | 179.5 bp −$180 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.99 bp | 28.4 bp −$28 | 160.5 bp −$1,605 | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDTlong | +0.0100% | 4h | 0.02009 | long leg | $2.6M | $2.0M | 5x | |
| Gate 4_USDT | +0.0100% | 4h | 0.02010 | +0.080% | $536K | $296K | 20x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.02009 | +0.002% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02009 | +0.020% | $2K | $1.4M | 20x | as long as short |
| Aster 4USDT | +0.0180% | 4h | 0.02006 | −0.134% | $237K | $112K | 5x | as long as short |
| Binance 4USDTshort | +0.0230% | 4h | 0.02011 | +0.095% | $7.9M | $13.3M | 20x | |
| MEXC 4_USDT | +0.0232% | 4h | 0.02011 | +0.119% | $1.7M | $902K | 100x | as long as short |
| BingX 4-USDT | +0.0238% | 4h | 0.02009 | +0.015% | — | $1.4M | — | as long as short |
| KuCoin 4USDTM | +0.0542% | 4h | 0.02009 | +0.020% | $904K | $12.4M | 20x | as long as short |
Gate 4_USDT
Variational Omni 4
SunX 4-USDT
Aster 4USDT
MEXC 4_USDT
BingX 4-USDT
KuCoin 4USDTM