Funding you earn now, next payment 00:00 UTC+0.0594%/8h= +65.0% APRnext payment +$2.97 per $10,000 · paid last 24h +0.131%
Price spread now: Binance against Bybit+0.214%7-day average +0.230% · you sell dearer than you buy
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3443.438% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 7 days+0.003%$0 · spread now +0.214%, 7d avg +0.230%
=The price spread sits at its 7-day average of +0.230%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.344% in total (about 17.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BANUSDT | 0.06785 | 0.0367 | pay 0.0183% / 4h | 2h 00m | $2.9M | $289K | 13x |
| Short | Binance BANUSDT | 0.06800 | 0.0960 | get 0.0480% / 4h | 2h 00m | $6.6M | $719K | 25x |
Bybit BANUSDT
Binance BANUSDTFunding 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
- $124.64
- Price spread: +0.214% → +0.230%
- −$1.66
- Slippage, 4 orders
- −$322.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$220.78
- Costs to cover
- 3.438%
- Break-even
- 19.4 days
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 8 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, 2 min ago | 4.42 bp | 126.7 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.21 bp | 47.0 bp −$47 | 609.2 bp −$6,092 | doesn't fit | doesn't fit |
BAN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06792 | +0.101% | $12K | $388 | 5x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06780 | −0.074% | $1.2M | $45K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06770 | −0.221% | $312K | $18K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06783 | −0.027% | $16 | — | — | as long as short |
| Bitget BANUSDT | +0.0300% | 4h | 0.06799 | +0.206% | $1.1M | $46K | 25x | as long as short |
| Bybit BANUSDTlong | +0.0367% | 4h | 0.06785 | long leg | $2.9M | $289K | 13x | |
| Binance BANUSDTshort | +0.0960% | 4h | 0.06800 | +0.214% | $6.6M | $719K | 25x | |
| MEXC BAN_USDT | +0.0962% | 4h | 0.06801 | +0.236% | $8.1M | $163K | 100x | as long as short |
Aster BANUSDT
Gate BAN_USDT
KuCoin BANUSDTM
Variational Omni BAN
Bitget BANUSDT
MEXC BAN_USDT