Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.024%
Price spread now: Bybit against Binance−0.011%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1311.309% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.011%, 7d avg +0.011%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.022% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.079%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUBARAKUSDT | 0.04496 | 0.0115 | pay 0.0058% / 4h | 2h 48m | $16.3M | $88.7M | 25x |
| Short | Bybit MUBARAKUSDT | 0.04496 | 0.0100 | get 0.0050% / 4h | 2h 48m | $3.4M | $10.8M | 25x |
Binance MUBARAKUSDT
Bybit MUBARAKUSDTFunding 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
- −$3.18
- Price spread: −0.011% → +0.011%
- −$2.22
- Slippage, 4 orders
- −$109.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.31
- Costs to cover
- 1.309%
- 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 | 2.26 bp | 16.4 bp −$16 | 56.1 bp −$561 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 6.04 bp | 44.7 bp −$45 | 203.3 bp −$2,033 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | −0.0451% | 1h | 0.04457 | −0.861% | $64K | $428K | 10x | as long as short |
| Bybit MUBARAKUSDTshort | +0.0100% | 4h | 0.04496 | −0.011% | $3.4M | $10.8M | 25x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04497 | +0.029% | $2.7M | $55.7M | 20x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04499 | +0.067% | $2.8M | $7.2M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0100% | 4h | 0.04489 | −0.156% | — | $3.1M | — | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04470 | −0.573% | $13K | $51K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0114% | 4h | 0.04480 | −0.356% | $873K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDTlong | +0.0115% | 4h | 0.04496 | long leg | $16.3M | $88.7M | 25x | |
| Aster MUBARAKUSDT | +0.0274% | 4h | 0.04485 | −0.252% | $22K | $398K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0678% | 4h | 0.04484 | −0.267% | $1.6M | $1.1M | 30x | as long as short |
Kraken Futures PF_MUBARAKUSD
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
BingX MUBARAK-USDT
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.0882% | 4h | 0.04487 | −0.200% | $7.1M | $5.3M | 50x | as long as short |
Gate MUBARAK_USDT