Funding you earn now, next payment 08:00 UTC−0.0992%/8h= −108.7% APRnext payment −$4.96 per $10,000 · paid last 24h −0.096%
Price spread now: Bybit against Binance+0.069%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1511.513% of the position
Funding, last 7 days−0.743%−$74 on $10k
+Price spread, last 7 days+0.134%+$13 · spread now +0.069%, 7d avg +0.127%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Bybit is 0.058% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.127%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPORTSUSDT | 0.01033 | 0.1224 | pay 0.0612% / 4h | 3h 21m | $5.8M | $4.6M | 10x |
| Short | Bybit ESPORTSUSDT | 0.01034 | 0.0232 | get 0.0116% / 4h | 3h 21m | $1.8M | $1.1M | 10x |
Binance ESPORTSUSDT
Bybit ESPORTSUSDTFunding 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
- −$208.37
- Price spread: +0.069% → +0.127%
- −$5.81
- Slippage, 4 orders
- −$130.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$365.52
- Costs to cover
- 1.513%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 5 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, 1 min ago | 4.84 bp | 32.7 bp −$33 | 216.9 bp −$2,169 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.83 bp | 43.9 bp −$44 | 656.2 bp −$6,562 | doesn't fit | doesn't fit |
ESPORTS 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 ESPORTS | +0.0100% | 4h | 0.01034 | +0.127% | $31K | $507 | — | as long as short |
| Bybit ESPORTSUSDTshort | +0.0232% | 4h | 0.01034 | +0.069% | $1.8M | $1.1M | 10x | |
| KuCoin ESPORTSUSDTM | +0.0368% | 4h | 0.01031 | −0.193% | $775K | $39K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.0807% | 4h | 0.01033 | +0.028% | $126K | $89K | 5x | as long as short |
| Gate ESPORTS_USDT | +0.0868% | 4h | 0.01035 | +0.194% | $371K | $570K | 10x | as long as short |
| BingX ESPORTS-USDT | +0.1198% | 4h | 0.01033 | +0.001% | — | $1.4M | — | as long as short |
| MEXC ESPORTS_USDT | +0.1208% | 4h | 0.01032 | −0.096% | $1.4M | $192K | 20x | as long as short |
| Binance ESPORTSUSDTlong | +0.1224% | 4h | 0.01033 | long leg | $5.8M | $4.6M | 10x |
Variational Omni ESPORTS
KuCoin ESPORTSUSDTM
Aster ESPORTSUSDT
Gate ESPORTS_USDT
BingX ESPORTS-USDT
MEXC ESPORTS_USDT