Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.42 per $10,000 · paid last 24h −0.090%
Price spread now: Bybit against Binance−0.139%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,004as in the Funding arb table
Net, price: spread back to 7d avg − costs−$992as in the Price arb table
costs, in and out, $10k−$9849.837% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.139%, 7d avg −0.060%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.079% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOSUSDT | 0.2166 | 0.0488 | pay 0.0244% / 4h | 1h 36m | $2.2M | $2.5M | 20x |
| Short | Bybit DOSUSDT | 0.2163 | 0.0403 | get 0.0202% / 4h | 1h 36m | $843K | $174K | 20x |
Binance DOSUSDT
Bybit DOSUSDTFunding 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
- −$17.77
- Price spread: −0.139% → −0.060%
- −$7.86
- Slippage, 4 orders
- −$962.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,009.32
- Costs to cover
- 9.837%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bybit: live order book, 23 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, 13 min ago | 2.32 bp | 23.4 bp −$23 | 188.5 bp −$1,885 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 23 min ago | 2.31 bp | 520.5 bp −$520 | doesn't fit | doesn't fit | doesn't fit |
DOS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2164 | −0.092% | $177K | $163K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2166 | +0.009% | $296K | $885K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2166 | −0.009% | $207K | $299K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2167 | +0.046% | $15K | $367K | 10x | as long as short |
| OKX DOS-USDT-SWAP | +0.0386% | 4h | 0.2166 | 0.000% | $1.2M | $2.1M | 20x | as long as short |
| Bybit DOSUSDTshort | +0.0403% | 4h | 0.2163 | −0.139% | $843K | $174K | 20x | |
| BingX DOS-USDT | +0.0462% | 4h | 0.2167 | +0.046% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0484% | 4h | 0.2166 | 0.000% | $470K | $163K | 20x | as long as short |
| Binance DOSUSDTlong | +0.0488% | 4h | 0.2166 | long leg | $2.2M | $2.5M | 20x | |
| BloFin DOS-USDT | +0.0512% | 4h | 0.2167 | +0.046% | $113K | $22K | 20x | as long as short |
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
BingX DOS-USDT
MEXC DOS_USDT
BloFin DOS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0744% | 4h | 0.2161 | −0.231% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT