Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against Binance−0.134%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1201.197% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.134%+$13 · spread now −0.134%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.169% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MASKUSDT | 0.4816 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $2.5M | $5.1M | 50x |
| Short | Bybit MASKUSDT | 0.4810 | 0.0100 | get 0.0050% / 4h | 2h 01m | $1.3M | $967K | 50x |
Binance MASKUSDT
Bybit MASKUSDTFunding 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: −0.134% → +0.035%
- −$16.95
- Slippage, 4 orders
- −$98.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.67
- Costs to cover
- 1.197%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 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, 7 min ago | 3.12 bp | 19.1 bp −$19 | 87.3 bp −$873 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.21 bp | 37.2 bp −$37 | 84.3 bp −$843 | doesn't fit | doesn't fit |
MASK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDTlong | +0.0100% | 4h | 0.4816 | long leg | $2.5M | $5.1M | 50x | |
| Bybit MASKUSDTshort | +0.0100% | 4h | 0.4810 | −0.134% | $1.3M | $967K | 50x | |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4815 | −0.030% | $500K | $1.2M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4810 | −0.134% | $278K | $238K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4811 | −0.113% | $1.1M | $244K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4818 | +0.032% | $594K | $167K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4819 | +0.053% | $510K | $333K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4813 | −0.072% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4810 | −0.131% | $23K | $21 | — | as long as short |
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK