Funding you earn now, next payment 12:00 UTC−0.1283%/8h= −140.5% APRnext payment −$6.42 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against Binance−0.159%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2202.203% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.159%, 7d avg −0.086%
=Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and Bybit is 0.073% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.086%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.42 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 | Binance AEVOUSDT | 0.02503 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $1.8M | $1.6M | 50x |
| Short | Bybit AEVOUSDT | 0.02499 | −0.1183 | pay 0.0592% / 4h | 3h 54m | $712K | $217K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$269.51
- Price spread: −0.159% → −0.086%
- −$7.25
- Slippage, 4 orders
- −$199.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$497.01
- Costs to cover
- 2.203%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 40 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, 9 min ago | 2.00 bp | 29.6 bp −$30 | 123.2 bp −$1,232 | 12709.5 bp −$1.27M | doesn't fit |
| Sell Bybit live order book, 40 min ago | 6.01 bp | 77.9 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
AEVO on 13 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 AEVOUSDTshort | −0.1183% | 4h | 0.02499 | −0.159% | $712K | $217K | 25x | |
| Aevo AEVO-PERP | +0.0096% | 1h | 0.02496 | −0.291% | $55K | $22K | 3x | as long as short |
| Aster AEVOUSDT | +0.0100% | 4h | 0.02502 | −0.039% | $13K | $11 | 5x | as long as short |
| Binance AEVOUSDTlong | +0.0100% | 4h | 0.02503 | long leg | $1.8M | $1.6M | 50x | |
| OKX AEVO-USDT-SWAP | +0.0100% | 4h | 0.02502 | −0.039% | $291K | $415K | 10x | as long as short |
| Gate AEVO_USDT | +0.0100% | 4h | 0.02500 | −0.119% | $240K | $51K | 20x | as long as short |
| MEXC AEVO_USDC | +0.0100% | 4h | 0.02501 | −0.079% | $1.9M | $79K | 125x | as long as short |
| KuCoin AEVOUSDTM | +0.0100% | 4h | 0.02503 | +0.001% | $320K | $53K | 50x | as long as short |
| Bitget AEVOUSDT | +0.0100% | 4h | 0.02503 | +0.001% | $219K | $136K | 50x | as long as short |
| BingX AEVO-USDC | +0.0100% | 4h | 0.02502 | −0.039% | — | $715K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AEVO | +0.0100% | 4h | 0.02498 | −0.215% | $2K | $5 | — | as long as short |
| BloFin AEVO-USDT | +0.0159% | 4h | 0.02507 | +0.161% | $99K | $5K | 20x | as long as short |
| Kraken Futures PF_AEVOUSD | +0.0695% | 1h | 0.02503 | +0.011% | $52K | $6K | 10x | as long as short |
Binance AEVOUSDT
Bybit AEVOUSDT
Aster AEVOUSDT
OKX AEVO-USDT-SWAP
Gate AEVO_USDT
MEXC AEVO_USDC
KuCoin AEVOUSDTM
Bitget AEVOUSDT
BingX AEVO-USDC
Variational Omni AEVO
BloFin AEVO-USDT
Kraken Futures PF_AEVOUSD