Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%
Price spread now: Bybit against Binance−0.040%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1881.881% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.040%, 7d avg +0.106%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.146% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AWEUSDT | 0.06378 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $2.2M | $1.4M | 40x |
| Short | Bybit AWEUSDT | 0.06375 | 0.0100 | get 0.0050% / 4h | 1h 29m | $538K | $223K | 25x |
Binance AWEUSDT
Bybit AWEUSDTFunding 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
- $0
- Price spread: −0.040% → +0.106%
- −$14.64
- Slippage, 4 orders
- −$167.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$202.78
- Costs to cover
- 1.881%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 46 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, 6 min ago | 2.35 bp | 30.6 bp −$31 | 146.9 bp −$1,469 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 46 min ago | 3.91 bp | 61.8 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
AWE 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AWEUSDT | +0.0100% | 4h | 0.06377 | −0.004% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDTlong | +0.0100% | 4h | 0.06378 | long leg | $2.2M | $1.4M | 40x | |
| Bybit AWEUSDTshort | +0.0100% | 4h | 0.06375 | −0.040% | $538K | $223K | 25x | |
| Gate AWE_USDT | +0.0100% | 8h | 0.06371 | −0.103% | $47K | $40K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06377 | −0.009% | $1.1M | $132K | 20x | as long as short |
| KuCoin AWEUSDTM | +0.0100% | 4h | 0.06382 | +0.069% | $152K | $65K | 20x | as long as short |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06375 | −0.037% | $435K | $258K | 40x | as long as short |
| BingX AWE-USDT | +0.0100% | 4h | 0.06379 | +0.022% | — | $6.6M | — | as long as short |
| BloFin AWE-USDT | +0.0158% | 4h | 0.06379 | +0.022% | $144K | $20K | 40x | as long as short |
Aster AWEUSDT
Gate AWE_USDT
MEXC AWE_USDT
KuCoin AWEUSDTM
Bitget AWEUSDT
BingX AWE-USDT
BloFin AWE-USDT