Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.064%
Price spread now: Binance against Bybit+0.317%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$345as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3593.587% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days−0.325%−$32 · spread now +0.317%, 7d avg +0.093%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.224% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.01995 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $2.6M | $2.0M | 5x |
| Short | Binance 4USDT | 0.02002 | 0.0216 | get 0.0108% / 4h | 3h 01m | $7.8M | $13.3M | 20x |
Bybit 4USDT
Binance 4USDTFunding 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
- $24.37
- Price spread: +0.317% → +0.093%
- $22.4
- Slippage, 4 orders
- −$337.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$311.89
- Costs to cover
- 3.587%
- Break-even
- 96.6 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 9 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, 5 min ago | 5.99 bp | 149.5 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.75 bp | 12.8 bp −$13 | 126.4 bp −$1,264 | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDTlong | +0.0100% | 4h | 0.01995 | long leg | $2.6M | $2.0M | 5x | |
| Gate 4_USDT | +0.0100% | 4h | 0.01998 | +0.150% | $534K | $300K | 20x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.02009 | +0.669% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.01998 | +0.130% | $2K | $1.4M | 20x | as long as short |
| Aster 4USDT | +0.0179% | 4h | 0.01997 | +0.056% | $238K | $112K | 5x | as long as short |
| MEXC 4_USDT | +0.0216% | 4h | 0.02001 | +0.281% | $1.6M | $936K | 100x | as long as short |
| Binance 4USDTshort | +0.0216% | 4h | 0.02002 | +0.317% | $7.8M | $13.3M | 20x | |
| BingX 4-USDT | +0.0228% | 4h | 0.02000 | +0.251% | — | $1.4M | — | as long as short |
| KuCoin 4USDTM | +0.0528% | 4h | 0.01994 | −0.070% | $851K | $12.3M | 20x | as long as short |
Gate 4_USDT
Variational Omni 4
SunX 4-USDT
Aster 4USDT
MEXC 4_USDT
BingX 4-USDT
KuCoin 4USDTM