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

ACT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against Binance+0.094%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$321as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3223.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.094%, 7d avg +0.040%
Together, before fees−0.096%−$10 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 0.053% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ACTUSDT0.010920.0100pay 0.0050% / 4h46m 35s$2.1M$2.3M10x
ShortBybit ACTUSDT0.010930.0100get 0.0050% / 4h46m 35s$595K$426K25x

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: +0.094% → +0.040%
$5.35
Slippage, 4 orders
−$300.66
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$316.31
Costs to cover
3.217%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago1.38 bp34.7 bp −$35310.6 bp −$3,106doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago5.04 bp127.6 bp −$128doesn't fitdoesn't fitdoesn't fit

ACT on 7 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 ACTUSDTlong+0.0100%4h0.01092long leg$2.1M$2.3M10x
Bybit ACTUSDTshort+0.0100%4h0.01093+0.094%$595K$426K25x
OKX ACT-USDT-SWAP+0.0100%4h0.01094+0.186%$781K$1.4M10xas long as short
Gate ACT_USDT+0.0100%4h0.01092+0.039%$140K$83K25xas long as short
MEXC ACT_USDT+0.0100%4h0.01091−0.034%$6.4M$112K20xas long as short
Bitget ACTUSDT+0.0100%4h0.01091−0.053%$261K$90K10xas long as short
BingX ACT-USDT+0.0102%4h0.01091−0.062%$1.2Mas long as short