Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Binance−0.042%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$750.745% of the position
Funding, last 7 days−0.273%−$27 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.042%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.043% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LUNA2USDT | 0.05466 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $3.1M | $17.7M | 50x |
| Short | Bybit LUNA2USDT | 0.05464 | 0.0100 | get 0.0100% / 8h | 7h 31m | $1.2M | $1.9M | 50x |
Binance LUNA2USDT
Bybit LUNA2USDTFunding 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: −0.042% → −0.085%
- $4.3
- Slippage, 4 orders
- −$53.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$70.23
- Costs to cover
- 0.745%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 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, 9 min ago | 1.84 bp | 15.6 bp −$16 | 48.9 bp −$489 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.84 bp | 17.7 bp −$18 | 97.3 bp −$973 | doesn't fit | doesn't fit |
LUNA2 on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LUNA2USD | −0.0217% | 1h | 0.05455 | −0.212% | $11K | $4K | 10x | as long as short |
| Aster LUNA2USDT | +0.0100% | 4h | 0.05469 | +0.047% | $11K | $134K | 5x | as long as short |
| Binance LUNA2USDTlong | +0.0100% | 4h | 0.05466 | long leg | $3.1M | $17.7M | 50x | |
| Bybit LUNA2USDTshort | +0.0100% | 8h | 0.05464 | −0.042% | $1.2M | $1.9M | 50x | |
| Variational Omni LUNA2 | +0.0100% | 8h | 0.05423 | −0.789% | $18K | $4K | — | as long as short |
| BloFin LUNA2-USDT | +0.0154% | 4h | 0.05456 | −0.188% | $290K | $39K | 50x | as long as short |
Kraken Futures PF_LUNA2USD
Aster LUNA2USDT
Variational Omni LUNA2
BloFin LUNA2-USDT