Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against Bybit+0.176%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1311.306% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.176%, 7d avg +0.174%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATHUSDT | 0.005496 | 0.0100 | pay 0.0050% / 4h | 22m 03s | $4.3M | $2.6M | 25x |
| Short | Binance ATHUSDT | 0.005506 | 0.0100 | get 0.0050% / 4h | 22m 03s | $3.3M | $4.3M | 50x |
Bybit ATHUSDT
Binance ATHUSDTFunding 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: +0.176% → +0.174%
- $0.17
- Slippage, 4 orders
- −$109.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.44
- Costs to cover
- 1.306%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 15 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, 1 min ago | 6.37 bp | 34.4 bp −$34 | 160.1 bp −$1,601 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.82 bp | 25.9 bp −$26 | 101.5 bp −$1,015 | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.2877% | 1h | 0.005503 | +0.123% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0087% | 4h | 0.005495 | −0.009% | $184K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005505 | +0.163% | $11K | $57 | 5x | as long as short |
| BloFin ATH-USDT | +0.0087% | 4h | 0.005508 | +0.218% | $167K | $69K | 75x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005508 | +0.219% | $5K | $42K | 5x | as long as short |
| Binance ATHUSDTshort | +0.0100% | 4h | 0.005506 | +0.176% | $3.3M | $4.3M | 50x | |
| Bybit ATHUSDTlong | +0.0100% | 4h | 0.005496 | long leg | $4.3M | $2.6M | 25x | |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005496 | 0.000% | $704K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005495 | −0.018% | $786K | $583K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005504 | +0.146% | $8.9M | $645K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
BloFin ATH-USDT
Aster ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005498 | +0.036% | $554K | $78K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005497 | +0.018% | $1.5M | $887K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005498 | +0.036% | — | $21.6M | — | as long as short |
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT