Funding you earn now, next payment 09:00 UTC−0.1762%/8h= −193.0% APRpaid last 24h −0.921%
Price spread now: Binance against Bybit+0.368%7-day average −0.274% · you sell dearer than you buy
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days−2.622%−$262 on $10k
+Price spread, last 7 days−1.147%−$115 · spread now +0.368%, 7d avg −0.274%
=The price spread pays, funding is against you. Binance is 0.642% dearer against Bybit than usual: you sell high and buy low (spread +0.368% now, against its 7-day average of −0.274%): +$64 on $10k if it goes back. Holding the pair costs −$53 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CVCUSDT | 0.02718 | 0.1862 | pay 0.0233% / 1h | 37m 35s | $1.6M | $1.8M | 25x |
| Short | Binance CVCUSDT | 0.02728 | 0.0100 | get 0.0050% / 4h | 3h 37m | $2.8M | $5.8M | 50x |
Bybit CVCUSDT
Binance CVCUSDTFunding 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
- −$370.07
- Price spread: +0.368% → −0.274%
- $64.2
- Slippage, 4 orders
- −$64.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$391.77
- Costs to cover
- 0.859%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 16 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, 4 min ago | 1.84 bp | 20.5 bp −$21 | 225.7 bp −$2,257 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 1.84 bp | 22.5 bp −$22 | 81.4 bp −$814 | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CVC | +0.0100% | 1h | 0.02723 | +0.186% | $2K | $1K | — | as long as short |
| Binance CVCUSDTshort | +0.0100% | 4h | 0.02728 | +0.368% | $2.8M | $5.8M | 50x | |
| Gate CVC_USDT | +0.0100% | 4h | 0.02731 | +0.478% | $197K | $317K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02728 | +0.368% | $680K | $140K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02735 | +0.625% | $1.3M | $449K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02730 | +0.442% | $510K | $590K | 50x | as long as short |
| BingX CVC-USDT | +0.0550% | 4h | 0.02725 | +0.258% | — | $2.4M | — | as long as short |
| Bybit CVCUSDTlong | +0.1862% | 1h | 0.02718 | long leg | $1.6M | $1.8M | 25x |
Variational Omni CVC
Gate CVC_USDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Bitget CVCUSDT
BingX CVC-USDT