Funding you earn now, next payment 11:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h —
Price spread now: Bybit against Reya−0.168%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.168% cheaper against Reya than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AIXBTRUSDPERP | 0.02267 | 0.0372 | pay 0.0047% / 1h | 7m 41s | — | — | — |
| Short | Bybit AIXBTUSDT | 0.02263 | 0.0100 | get 0.0050% / 4h | 1h 07m | $1.2M | $1.2M | 25x |
Reya AIXBTRUSDPERP
Bybit AIXBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Reya. 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
- −$57.16
- Price spread: −0.168% → 0.000%
- −$16.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$90.92
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 4.41 bp | 34.8 bp −$35 | 144.4 bp −$1,444 | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.1773% | 1h | 0.02267 | −0.017% | $19K | $4K | 10x | as long as short |
| Variational Omni AIXBT | −0.0066% | 4h | 0.02262 | −0.196% | $98K | $11K | — | as long as short |
| KuCoin AIXBTUSDTM | −0.0028% | 4h | 0.02268 | +0.049% | $1.1M | $1.5M | 30x | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02270 | +0.128% | $401K | $221K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02266 | −0.040% | $2.5M | $4.3M | 50x | as long as short |
| Bybit AIXBTUSDTshort | +0.0100% | 4h | 0.02263 | −0.168% | $1.2M | $1.2M | 25x | |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02265 | −0.084% | $445K | $1.8M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02269 | +0.093% | $206K | $147K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02267 | +0.004% | $656K | $285K | 100x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02267 | +0.004% | $594K | $636K | 20x | as long as short |
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
KuCoin AIXBTUSDTM
Hyperliquid AIXBT
Binance AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
Bitget AIXBTUSDTShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02265 | −0.084% | — | $6.6M | — | as long as short |
| BloFin AIXBT-USDT | +0.0148% | 4h | 0.02265 | −0.084% | $120K | $59K | 50x | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0246% / S −0.0698% | 1h | 0.02267 | 0.000% | $3K | — | 100x | as long as short |
| Reya AIXBTRUSDPERPlong | +0.0372% | 1h | 0.02267 | long leg | — | — | — |
BingX AIXBT-USDT
BloFin AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]