Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.042%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.110%+$11 · spread now −0.042%, 7d avg +0.089%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.131% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEWUSDT | 0.0004747 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $1.5M | $1.6M | 25x |
| Short | Binance MEWUSDT | 0.0004745 | 0.0100 | get 0.0050% / 4h | 1h 48m | $1.3M | $3.6M | 50x |
Bybit MEWUSDT
Binance MEWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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% → +0.089%
- −$13.09
- Slippage, 4 orders
- −$99.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$133.88
- Costs to cover
- 1.208%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 10 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 Bybit live order book, 1 min ago | 7.38 bp | 37.7 bp −$38 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.11 bp | 27.3 bp −$27 | 83.4 bp −$834 | doesn't fit | doesn't fit |
MEW on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004740 | −0.147% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −11.123% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDTshort | +0.0100% | 4h | 0.0004745 | −0.042% | $1.3M | $3.6M | 50x | |
| Bybit MEWUSDTlong | +0.0100% | 4h | 0.0004747 | long leg | $1.5M | $1.6M | 25x | |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004738 | −0.190% | $565K | $971K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004746 | −0.021% | $137K | $113K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004745 | −0.042% | $353K | $176K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004754 | +0.147% | $375K | $120K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004753 | +0.126% | $483K | $557K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004749 | +0.042% | — | $9.5M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDT
BingX MEW-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004747 | +0.006% | $83K | $37K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0891% | 1h | 0.0004751 | +0.089% | $100K | $135K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD