Funding you earn now, next payment 08:00 UTC−0.0569%/8h= −62.3% APRnext payment −$2.84 per $10,000 · paid last 24h −0.023%
Price spread now: Binance against Bybit−0.237%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.237%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Binance is 0.226% cheaper against Bybit than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.077% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUBARAKUSDT | 0.05274 | 0.0984 | pay 0.0492% / 4h | 2h 27m | $4.9M | $18.5M | 25x |
| Short | Binance MUBARAKUSDT | 0.05261 | 0.0415 | get 0.0207% / 4h | 2h 27m | $22.3M | $144.5M | 25x |
Funding 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
- −$119.45
- Price spread: −0.237% → −0.011%
- −$22.59
- Slippage, 4 orders
- −$86.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$249.96
- Costs to cover
- 1.079%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 16 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 | 4.35 bp | 35.7 bp −$36 | 161.2 bp −$1,612 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 2.73 bp | 19.3 bp −$19 | 86.1 bp −$861 | 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 | −0.0890% | 1h | 0.05177 | −1.842% | $68K | $577K | 10x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.05277 | +0.059% | $3.8M | $88.7M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05397 | +2.332% | $11K | $63K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0414% | 4h | 0.05247 | −0.512% | $1.3M | $2.0M | 50x | as long as short |
| Binance MUBARAKUSDTshort | +0.0415% | 4h | 0.05261 | −0.237% | $22.3M | $144.5M | 25x | |
| Bitget MUBARAKUSDT | +0.0574% | 4h | 0.05248 | −0.493% | $3.5M | $12.6M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0584% | 4h | 0.05247 | −0.503% | $14K | $660K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0696% | 4h | 0.05265 | −0.171% | $2.5M | $2.2M | 30x | as long as short |
| Bybit MUBARAKUSDTlong | +0.0984% | 4h | 0.05274 | long leg | $4.9M | $18.5M | 25x | |
| BingX MUBARAK-USDT | +0.0998% | 4h | 0.05262 | −0.228% | — | $3.7M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2610% | 4h | 0.05272 | −0.038% | $9.1M | $8.4M | 50x | as long as short |
Bybit MUBARAKUSDT
Binance MUBARAKUSDT
Kraken Futures PF_MUBARAKUSD
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Gate MUBARAK_USDT