ACU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0983%/8h= +107.6% APRnext payment +$4.91 per $10,000 · paid last 24h +0.086%

Price spread now: Binance against Bybit+0.058%7-day average +0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$206as in the Price arb table

costs, in and out, $10k−$2012.010% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.058%, 7d avg +0.114%

Together, before fees+0.233%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.055% cheaper against Bybit than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.114%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.220% in total) that is about 42 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.220% in total (about 11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ACUUSDT	0.1205	0.0100	pay 0.0050% / 4h	2h 43m	$827K	$599K	13x
Short	Binance ACUUSDT	0.1206	0.1083	get 0.0541% / 4h	2h 43m	$2.5M	$1.4M	10x

Funding 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 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 BybitbpFee BinancebpOrdersPrice spread, now +0.058%Rate

Funding earned: $206.4
Price spread: +0.058% → +0.114%: −$5.54
Slippage, 4 orders: −$179.95
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$0.09
Costs to cover: 2.010%
Break-even: 7.0 days

Slippage from Bybit: live order book, 21 min ago; Binance: live order book, 7 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, 21 min ago	5.35 bp	56.6 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.41 bp	44.9 bp −$45	228.6 bp −$2,286	doesn't fit	doesn't fit

ACU on 11 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 ACUUSDTlong	+0.0100%	4h	0.1205	long leg	$827K	$599K	13x
OKX ACU-USDT-SWAP	+0.0100%	4h	0.1205	0.000%	$220K	$263K	10x	as long as short
Gate ACU_USDT	+0.0100%	4h	0.1206	+0.075%	$171K	$16K	10x	as long as short
KuCoin ACUUSDTM	+0.0100%	4h	0.1200	−0.398%	$555K	$31K	10x	as long as short
SunX ACU-USDT	+0.0100%	4h	0.1204	−0.100%	$1K	$1.2M	20x	as long as short
Bitget ACUUSDT	+0.0622%	4h	0.1204	−0.066%	$236K	$231K	10x	as long as short
Aster ACUUSDT	+0.0868%	4h	0.1206	+0.054%	$2K	$4K	5x	as long as short
BingX ACU-USDT	+0.1050%	4h	0.1205	+0.017%	—	$1.3M	—	as long as short
MEXC ACU_USDT	+0.1082%	4h	0.1206	+0.033%	$13.8M	$359K	50x	as long as short
Binance ACUUSDTshort	+0.1083%	4h	0.1206	+0.058%	$2.5M	$1.4M	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ACU-USDT	+0.1125%	4h	0.1206	+0.091%	$119K	$59K	10x	as long as short