Funding you earn now, next payment 04:00 UTC+0.0609%/8h= +66.7% APRnext payment +$3.04 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.077%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3013.011% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.077%, 7d avg +0.090%
=The price spread sits at its 7-day average of +0.090%, 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 -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.04 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 | Binance BBUSDT | 0.009120 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $3.3M | $6.9M | 50x |
| Short | Bybit BBUSDT | 0.009127 | 0.0709 | get 0.0354% / 4h | 1h 38m | $689K | $802K | 25x |
Binance BBUSDT
Bybit BBUSDTFunding 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
- $127.89
- Price spread: +0.077% → +0.090%
- −$1.37
- Slippage, 4 orders
- −$280.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$174.6
- Costs to cover
- 3.011%
- Break-even
- 16.6 days
Slippage from Binance: live order book, 16 min ago; Bybit: live order book, 22 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, 16 min ago | 3.30 bp | 37.8 bp −$38 | 241.7 bp −$2,417 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 22 min ago | 5.50 bp | 111.5 bp −$112 | 302.3 bp −$3,023 | doesn't fit | doesn't fit |
BB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009114 | −0.063% | $12K | $13K | 5x | as long as short |
| Binance BBUSDTlong | +0.0100% | 4h | 0.009120 | long leg | $3.3M | $6.9M | 50x | |
| Gate BB_USDT | +0.0100% | 4h | 0.009120 | 0.000% | $133K | $220K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009116 | −0.044% | $1.4M | $571K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009130 | +0.110% | $448K | $90K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009130 | +0.110% | $328K | $480K | 50x | as long as short |
| BingX BB-USDT | +0.0690% | 4h | 0.009128 | +0.088% | — | $1.3M | — | as long as short |
| Bybit BBUSDTshort | +0.0709% | 4h | 0.009127 | +0.077% | $689K | $802K | 25x | |
| Kraken Futures PF_BBUSD | +0.1962% | 1h | 0.009137 | +0.188% | $21K | $3K | 10x | as long as short |
Aster BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT
Kraken Futures PF_BBUSD