Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against Bybit−0.147%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$2902.901% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.147%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.095% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACTUSDT | 0.01097 | 0.0100 | pay 0.0050% / 4h | 9m 56s | $585K | $494K | 25x |
| Short | Binance ACTUSDT | 0.01095 | 0.0100 | get 0.0050% / 4h | 9m 56s | $2.1M | $2.2M | 10x |
Bybit ACTUSDT
Binance ACTUSDTFunding 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
- $0
- Price spread: −0.147% → −0.051%
- −$9.55
- Slippage, 4 orders
- −$269.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$299.63
- Costs to cover
- 2.901%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 23 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, 23 min ago | 2.74 bp | 108.8 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.46 bp | 30.0 bp −$30 | 201.4 bp −$2,014 | doesn't fit | doesn't fit |
ACT on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDTshort | +0.0100% | 4h | 0.01095 | −0.147% | $2.1M | $2.2M | 10x | |
| Bybit ACTUSDTlong | +0.0100% | 4h | 0.01097 | long leg | $585K | $494K | 25x | |
| Gate ACT_USDT | +0.0100% | 4h | 0.01095 | −0.173% | $143K | $107K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01096 | −0.082% | $6.4M | $116K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01096 | −0.082% | $260K | $64K | 10x | as long as short |
| OKX ACT-USDT-SWAP | +0.0262% | 4h | 0.01097 | +0.036% | $785K | $1.4M | 10x | as long as short |
| BingX ACT-USDT | +0.0278% | 4h | 0.01097 | 0.000% | — | $1.3M | — | as long as short |
Gate ACT_USDT
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP
BingX ACT-USDT