Funding you earn now, next payment 00:00 UTC+0.0206%/8h= +22.6% APRnext payment +$1.03 per $10,000 · paid last 24h −0.070%
Price spread now: Bybit against Binance−0.074%7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1301.298% of the position
Funding, last 7 days−0.315%−$31 on $10k
+Price spread, last 7 days−0.195%−$20 · spread now −0.074%, 7d avg −0.170%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.095% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.170%. Mind the row above: over the last 7 days funding on this pair cost −0.315%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance B2USDT | 0.4882 | 0.0869 | pay 0.0434% / 4h | 1h 32m | $7.8M | $13.0M | 50x |
| Short | Bybit B2USDT | 0.4878 | 0.1075 | get 0.0537% / 4h | 1h 32m | $1.5M | $2.7M | 20x |
Binance B2USDT
Bybit B2USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.26
- Price spread: −0.074% → −0.170%
- $9.52
- Slippage, 4 orders
- −$108.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$77.06
- Costs to cover
- 1.298%
- Break-even
- 19.5 days
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 5 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 Binance live order book, 8 min ago | 2.04 bp | 21.6 bp −$22 | 316.8 bp −$3,168 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.07 bp | 40.3 bp −$40 | 399.4 bp −$3,994 | doesn't fit | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC B2_USDT | +0.0868% | 4h | 0.4884 | +0.048% | $552K | $539K | 100x | as long as short |
| Binance B2USDTlong | +0.0869% | 4h | 0.4882 | long leg | $7.8M | $13.0M | 50x | |
| Aster B2USDT | +0.0987% | 4h | 0.4873 | −0.172% | $153K | $187K | 5x | as long as short |
| Bybit B2USDTshort | +0.1075% | 4h | 0.4878 | −0.074% | $1.5M | $2.7M | 20x | |
| BingX B2-USDT | +0.1404% | 4h | 0.4884 | +0.048% | — | $1.4M | — | as long as short |
| Bitget B2USDT | +0.1470% | 4h | 0.4876 | −0.115% | $2.7M | $1.4M | 50x | as long as short |
| Variational Omni B2 | +0.1950% | 4h | 0.4893 | +0.232% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.1982% | 4h | 0.4882 | +0.008% | $1.0M | $321K | 50x | as long as short |
| Gate B2_USDT | +0.2786% | 4h | 0.4886 | +0.089% | $856K | $441K | 20x | as long as short |
MEXC B2_USDT
Aster B2USDT
BingX B2-USDT
Bitget B2USDT
Variational Omni B2
KuCoin B2USDTM
Gate B2_USDT