Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against Binance+0.017%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now +0.017%, 7d avg +0.080%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.062% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VANAUSDT | 1.1171 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $2.1M | $2.8M | 50x |
| Short | Bybit VANAUSDT | 1.1173 | 0.0100 | get 0.0050% / 4h | 2h 52m | $1.2M | $753K | 25x |
Binance VANAUSDT
Bybit VANAUSDTFunding 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: +0.017% → +0.080%
- −$6.25
- Slippage, 4 orders
- −$83.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$110.69
- Costs to cover
- 1.044%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bybit: live order book, 3 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, 13 min ago | 1.79 bp | 21.4 bp −$21 | 95.3 bp −$953 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.92 bp | 35.3 bp −$35 | 199.1 bp −$1,991 | doesn't fit | doesn't fit |
VANA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin VANA-USDT | +0.0046% | 4h | 1.1157 | −0.126% | $97K | $8K | 50x | as long as short |
| Aster VANAUSDT | +0.0100% | 4h | 1.1171 | −0.005% | $4K | $39K | 5x | as long as short |
| Binance VANAUSDTlong | +0.0100% | 4h | 1.1171 | long leg | $2.1M | $2.8M | 50x | |
| Bybit VANAUSDTshort | +0.0100% | 4h | 1.1173 | +0.017% | $1.2M | $753K | 25x | |
| OKX VANA-USDT-SWAP | +0.0100% | 4h | 1.1177 | +0.053% | $175K | $365K | 20x | as long as short |
| Gate VANA_USDT | +0.0100% | 4h | 1.1160 | −0.099% | $137K | $328K | 50x | as long as short |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1170 | −0.010% | $225K | $104K | 20x | as long as short |
| KuCoin VANAUSDTM | +0.0100% | 4h | 1.1180 | +0.080% | $261K | $33K | 30x | as long as short |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1180 | +0.080% | $443K | $231K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1174 | +0.026% | — | $6.5M | — | as long as short |
BloFin VANA-USDT
Aster VANAUSDT
OKX VANA-USDT-SWAP
Gate VANA_USDT
MEXC VANA_USDT
KuCoin VANAUSDTM
Bitget VANAUSDT
BingX VANA-USDT