Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%
Price spread now: Bybit against Binance−0.073%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2182.183% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 2 days (all we have)+0.012%+$1 · spread now −0.073%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.035% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWTUSDT | 115.66 | 0 | get 0.0000% / 8h | 4h 38m | $474K | $807K | 20x |
| Short | Bybit EWTUSDT | 115.58 | 0 | get 0.0000% / 8h | 4h 38m | $222K | $139K | 25x |
Binance EWTUSDT
Bybit EWTUSDTFunding 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: −0.073% → −0.038%
- −$3.5
- Slippage, 4 orders
- −$197.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$221.82
- Costs to cover
- 2.183%
- Break-even
- never at this rate
Slippage from Binance: live order book, 24 min ago; Bybit: live order book, 2 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, 24 min ago | 1.73 bp | 18.8 bp −$19 | 88.9 bp −$889 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.32 bp | 90.9 bp −$91 | 165.6 bp −$1,656 | doesn't fit | doesn't fit |
EWT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWT | −0.0278% | 1h | 115.68 | +0.013% | $691K | $190K | 20x | as long as short |
| Aster EWTUSDT | 0.0000% | 8h | 115.58 | −0.075% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDTlong | 0.0000% | 8h | 115.66 | long leg | $474K | $807K | 20x | |
| Bybit EWTUSDTshort | 0.0000% | 8h | 115.58 | −0.073% | $222K | $139K | 25x | |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 115.89 | +0.195% | $173K | $165K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 115.68 | +0.013% | $44K | $4K | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 115.61 | −0.048% | $2.4M | $92K | 50x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 115.72 | +0.048% | $1.3M | $434K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 115.65 | −0.010% | $57K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 115.69 | +0.020% | $3K | $182K | 10x | as long as short |
tradeXYZ xyz:EWT
Aster EWTUSDT
OKX EWT-USDT-SWAP
Gate EWT_USDT
MEXC EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWT-USDT | 0.0000% | 8h | 115.67 | +0.004% | $1K | $334K | 10x | as long as short |
| HTX EWT-USDT | 0.0000% | 8h | 115.46 | −0.177% | $16K | $7K | 10x | as long as short |
SunX EWT-USDT
HTX EWT-USDT