Funding you earn now, next payment 07:00 UTC−0.6622%/8h= −725.1% APRnext payment −$8.28 per $10,000 · paid last 24h +0.311%
Price spread now: Bybit against Binance+0.660%7-day average +0.833% · you sell dearer than you buy
Net, funding: paid 7d − costs−$776as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1121.120% of the position
Funding, last 7 days−6.644%−$664 on $10k
+Price spread, last 7 days+1.034%+$103 · spread now +0.660%, 7d avg +0.833%
=Both sides work against this trade now: funding costs −$199 a day on $10k at the current rate, and Bybit is 0.172% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.833%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LSKUSDT | 0.3387 | −0.6249 | get 0.0781% / 1h | 32m 23s | $14.8M | $100.6M | 50x |
| Short | Bybit LSKUSDT | 0.3409 | −1.2871 | pay 0.1609% / 1h | 32m 23s | $9.4M | $20.6M | 25x |
Binance LSKUSDT
Bybit LSKUSDTFunding 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
- −$1,390.59
- Price spread: +0.660% → +0.833%
- −$17.22
- Slippage, 4 orders
- −$90.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,519.79
- Costs to cover
- 1.120%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 6 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, 10 min ago | 0.30 bp | 15.0 bp −$15 | 78.3 bp −$783 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.74 bp | 35.9 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
LSK on 10 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 LSKUSDTshort | −1.2871% | 1h | 0.3409 | +0.660% | $9.4M | $20.6M | 25x | |
| HTX LSK-USDT | −1.0420% | 1h | 0.3376 | −0.326% | $39K | $317K | 20x | as long as short |
| Gate LSK_USDT | −0.8216% | 1h | 0.3391 | +0.132% | $1.4M | $2.6M | 20x | as long as short |
| Variational Omni LSK | −0.6631% | 1h | 0.3410 | +0.681% | $30K | $189K | — | as long as short |
| Binance LSKUSDTlong | −0.6249% | 1h | 0.3387 | long leg | $14.8M | $100.6M | 50x | |
| MEXC LSK_USDT | −0.6248% | 1h | 0.3385 | −0.051% | $8.5M | $2.4M | 20x | as long as short |
| Aster LSKUSDT | −0.5490% | 1h | 0.3389 | +0.074% | $59K | $177K | 5x | as long as short |
| Kraken Futures PF_LSKUSD | −0.2060% | 1h | 0.3401 | +0.431% | $101K | $361K | 10x | as long as short |
| Bitget LSKUSDT | −0.1648% | 1h | 0.3385 | −0.045% | $2.6M | $10.1M | 50x | as long as short |
| BingX LSK-USDT | −0.0922% | 1h | 0.3395 | +0.247% | — | $2.8M | — | as long as short |
HTX LSK-USDT
Gate LSK_USDT
Variational Omni LSK
MEXC LSK_USDT
Aster LSKUSDT
Kraken Futures PF_LSKUSD
Bitget LSKUSDT
BingX LSK-USDT