BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.07 per $10,000 · paid last 24h −0.008%

Price spread now: Bybit against Binance+0.024%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.070%−$7 · spread now +0.024%, 7d avg −0.010%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.033% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	273.51	0.0011	pay 0.0011% / 8h	3h 21m	$8.4M	$36.7M	25x
Short	Bybit BEUSDT	273.57	0.0018	get 0.0018% / 8h	3h 21m	$2.0M	$1.1M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now +0.024%Rate

Funding earned: $1.4
Price spread: +0.024% → −0.010%: $3.34
Slippage, 4 orders: −$51.73
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$67.99
Costs to cover: 0.727%
Break-even: 347.8 days

Slippage from Binance: live order book, 5 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, 5 min ago	1.10 bp	8.7 bp −$9	10.3 bp −$103	93.7 bp −$9,365	doesn't fit
Sell Bybit live order book, 5 min ago	3.84 bp	41.0 bp −$41	295.3 bp −$2,953	doesn't fit	doesn't fit

BE on 21 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
Aster BEUSDT	0.0000%	8h	273.46	−0.017%	$344K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	273.30	−0.075%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	273.46	−0.017%	$1.6M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	273.51	+0.001%	$7K	$162K	10x	as long as short
SunX BE-USDT	0.0000%	8h	273.38	−0.046%	$872	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	273.51	+0.002%	$13K	$35K	20x	as long as short
Extended BE-USD	+0.0008%	1h	273.21	−0.110%	$47K	$262K	10x	as long as short
Binance BEUSDTlong	+0.0011%	8h	273.51	long leg	$8.4M	$36.7M	25x
Bybit BEUSDTshort	+0.0018%	8h	273.57	+0.024%	$2.0M	$1.1M	25x
Lighter BE	+0.0032%	1h	273.17	−0.123%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	273.27	−0.086%	$249K	$290K	10x	as long as short
QFEX BE-USD	+0.0036%	1h	273.20	−0.112%	$1.3M	$2.6M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	273.46	−0.017%	$114K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	273.45	−0.020%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	273.20	−0.112%	$5.9M	$2.7M	10x	as long as short
BloFin BE-USDT	+0.0056%	8h	273.62	+0.042%	$45K	$142K	20x	as long as short
Coinbase International BE-PERP-INTX	+0.0064%	1h	273.04	−0.170%	$476K	$136K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	273.44	−0.024%	$369K	$20K	20x	as long as short
OKX BE-USDT-SWAP	+0.0103%	8h	273.65	+0.053%	$2.6M	$6.9M	25x	as long as short
Aevo BE-PERP	+0.0104%	1h	273.23	−0.102%	—	—	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0372%	1h	273.37	−0.049%	$7K	$4K	10x	as long as short