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: Bybit against Binance+0.165%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1241.244% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now +0.165%, 7d avg +0.125%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.125%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EULUSDT | 1.4240 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $3.2M | $5.2M | 25x |
| Short | Bybit EULUSDT | 1.4263 | 0.0100 | get 0.0050% / 4h | 3h 02m | $1.6M | $1.3M | 25x |
Binance EULUSDT
Bybit EULUSDTFunding 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
- $0
- Price spread: +0.165% → +0.125%
- $3.93
- Slippage, 4 orders
- −$103.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$120.44
- Costs to cover
- 1.244%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago | 0.70 bp | 20.3 bp −$20 | 164.4 bp −$1,644 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.84 bp | 41.6 bp −$42 | 1286.1 bp −$12.9K | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDT | +0.0061% | 4h | 1.4262 | +0.158% | $306K | $8K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4272 | +0.224% | $36K | $7K | 5x | as long as short |
| Binance EULUSDTlong | +0.0100% | 4h | 1.4240 | long leg | $3.2M | $5.2M | 25x | |
| Bybit EULUSDTshort | +0.0100% | 4h | 1.4263 | +0.165% | $1.6M | $1.3M | 25x | |
| Gate EUL_USDT | +0.0100% | 4h | 1.4287 | +0.333% | $317K | $731K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4243 | +0.024% | $488K | $130K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4270 | +0.214% | $2.2M | $305K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4235 | −0.032% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4312 | +0.509% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0112% | 4h | 1.4311 | +0.499% | $17K | $273K | 10x | as long as short |
BloFin EUL-USDT
Aster EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0224% | 4h | 1.4342 | +0.719% | $130K | $44K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0446% | 4h | 1.4276 | +0.256% | $311K | $51K | 25x | as long as short |
HTX EUL-USDT
KuCoin EULUSDTM