Funding you earn now, next payment 12:00 UTC−0.1256%/8h= −137.6% APRnext payment −$6.28 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against Binance+0.188%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$942as in the Funding arb table
Net, price: spread back to 7d avg − costs−$937as in the Price arb table
costs, in and out, $10k−$9439.432% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.188%, 7d avg +0.127%
=The price spread pays, funding is against you. Bybit is 0.061% dearer against Binance than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of +0.127%): +$6 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 4 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FLUXUSDT | 0.06388 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $1.2M | $1.4M | 50x |
| Short | Bybit FLUXUSDT | 0.06400 | −0.1156 | pay 0.0578% / 4h | 3h 00m | $312K | $186K | 20x |
Binance FLUXUSDT
Bybit FLUXUSDTFunding 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
- −$263.83
- Price spread: +0.188% → +0.127%
- $6.13
- Slippage, 4 orders
- −$922.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,200.87
- Costs to cover
- 9.432%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 15 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, 3 min ago | 3.91 bp | 61.1 bp −$61 | 263.0 bp −$2,630 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 15 min ago | 9.35 bp | 152.2 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
FLUX 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLUXUSDTshort | −0.1156% | 4h | 0.06400 | +0.188% | $312K | $186K | 20x | |
| Aster FLUXUSDT | −0.0857% | 4h | 0.06430 | +0.655% | $40K | $703 | 5x | as long as short |
| BloFin FLUX-USDT | +0.0064% | 4h | 0.06388 | 0.000% | $76K | $11K | 50x | as long as short |
| Binance FLUXUSDTlong | +0.0100% | 4h | 0.06388 | long leg | $1.2M | $1.4M | 50x | |
| Gate FLUX_USDT | +0.0100% | 4h | 0.06403 | +0.235% | $49K | $21K | 20x | as long as short |
| MEXC FLUX_USDT | +0.0100% | 4h | 0.06389 | +0.016% | $5.0M | $195K | 100x | as long as short |
| KuCoin FLUXUSDTM | +0.0100% | 4h | 0.06391 | +0.047% | $205K | $50K | 30x | as long as short |
| Bitget FLUXUSDT | +0.0100% | 4h | 0.06394 | +0.094% | $320K | $136K | 50x | as long as short |
| BingX FLUX-USDT | +0.0100% | 4h | 0.06394 | +0.094% | — | $1.3M | — | as long as short |
| Variational Omni FLUX | +0.0100% | 4h | 0.06395 | +0.115% | $7K | $262 | — | as long as short |
Aster FLUXUSDT
BloFin FLUX-USDT
Gate FLUX_USDT
MEXC FLUX_USDT
KuCoin FLUXUSDTM
Bitget FLUXUSDT
BingX FLUX-USDT
Variational Omni FLUXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FLUXUSD | +0.4573% | 1h | 0.06405 | +0.261% | $6K | $119 | 10x | as long as short |
Kraken Futures PF_FLUXUSD