Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.054%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days+0.101%+$10 · spread now −0.054%, 7d avg −0.074%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BIOUSDT | 0.02864 | 0.0100 | pay 0.0050% / 4h | 22m 02s | $2.1M | $2.4M | 50x |
| Short | Binance BIOUSDT | 0.02862 | 0.0100 | get 0.0050% / 4h | 22m 02s | $6.0M | $7.6M | 50x |
Bybit BIOUSDT
Binance BIOUSDTFunding 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: −0.054% → −0.074%
- $1.96
- Slippage, 4 orders
- −$48.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.22
- Costs to cover
- 0.692%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 10 min ago; Binance: live order book, 2 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, 10 min ago | 1.74 bp | 20.3 bp −$20 | 108.8 bp −$1,088 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.75 bp | 14.1 bp −$14 | 55.1 bp −$551 | doesn't fit | doesn't fit |
BIO on 15 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_BIOUSD | −0.0900% | 1h | 0.02863 | −0.018% | $11K | $6K | 20x | as long as short |
| OKX BIO-USDT-SWAP | +0.0051% | 4h | 0.02862 | −0.070% | $1.1M | $2.1M | 20x | as long as short |
| BloFin BIO-USDT | +0.0066% | 4h | 0.02862 | −0.070% | $262K | $7K | 50x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02869 | +0.189% | $15K | $7K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0099% | 4h | 0.02862 | −0.070% | $13K | — | 10x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02864 | −0.016% | $21K | $101K | 5x | as long as short |
| Binance BIOUSDTshort | +0.0100% | 4h | 0.02862 | −0.054% | $6.0M | $7.6M | 50x | |
| Bybit BIOUSDTlong | +0.0100% | 4h | 0.02864 | long leg | $2.1M | $2.4M | 50x | |
| Gate BIO_USDT | +0.0100% | 8h | 0.02866 | +0.070% | $1.5M | $340K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02862 | −0.070% | $408K | $140K | 20x | as long as short |
Kraken Futures PF_BIOUSD
OKX BIO-USDT-SWAP
BloFin BIO-USDT
Lighter BIO
Orderly PERP_BIO_USDC
Aster BIOUSDT
Gate BIO_USDT
MEXC BIO_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02866 | +0.070% | $542K | $118K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02865 | +0.035% | $1.3M | $558K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02863 | −0.035% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02863 | −0.036% | $30K | $68K | — | as long as short |
| Hyperliquid BIO | +0.0317% | 1h | 0.02869 | +0.175% | $748K | $210K | 3x | as long as short |
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
Hyperliquid BIO