Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: Bybit against tradeXYZ−0.035%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2192.190% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.035%, 7d avg −0.010%
=Together, before fees+0.004%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.024% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWT | 114.68 | 0.0050 | pay 0.0006% / 1h | 41m 48s | $693K | $129K | 20x |
| Short | Bybit EWTUSDT | 114.64 | 0 | get 0.0000% / 8h | 5h 41m | $219K | $19K | 25x |
tradeXYZ xyz:EWT
Bybit EWTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$10.5
- Price spread: −0.035% → −0.010%
- −$2.45
- Slippage, 4 orders
- −$189.95
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$231.9
- Costs to cover
- 2.190%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 61 min ago; Bybit: live order book, 64 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 tradeXYZ live order book, 61 min ago | 3.94 bp | 18.1 bp −$18 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 64 min ago | 7.88 bp | 96.0 bp −$96 | 312.5 bp −$3,125 | doesn't fit | doesn't fit |
EWT on 12 exchanges
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 EWTUSDT | 0.0000% | 8h | 114.66 | −0.020% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDT | 0.0000% | 8h | 114.66 | −0.019% | $476K | $513K | 20x | as long as short |
| Bybit EWTUSDTshort | 0.0000% | 8h | 114.64 | −0.035% | $219K | $19K | 25x | |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 114.75 | +0.061% | $172K | $43K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 114.72 | +0.035% | $43K | $861 | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 114.67 | −0.009% | $2.4M | $84K | 50x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 114.68 | 0.000% | $1.2M | $221K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 114.67 | −0.008% | $55K | $10K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 114.78 | +0.087% | $3K | $141K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 114.66 | −0.017% | $713 | $210K | 10x | as long as short |
Aster EWTUSDT
Binance EWTUSDT
OKX EWT-USDT-SWAP
Gate EWT_USDT
MEXC EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_Perp
SunX EWT-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWT-USDT | 0.0000% | 8h | 114.40 | −0.244% | $16K | $7K | 10x | as long as short |
| tradeXYZ xyz:EWTlong | +0.0050% | 1h | 114.68 | long leg | $693K | $129K | 20x |
HTX EWT-USDT