Funding you earn now, next payment 01:00 UTC+0.0888%/8h= +97.2% APRpaid last 24h +1.138%
Price spread now: Bybit against Binance−0.650%7-day average +0.383% · you buy dearer than you sell
Net, funding: paid 7d − costs+$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$920.918% of the position
Funding, last 7 days+1.179%+$118 on $10k
+Price spread, last 7 days+2.672%+$267 · spread now −0.650%, 7d avg +0.383%
=Funding pays, the price is against you. Bybit is 1.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.650% now, against its 7-day average of +0.383%). If the spread goes back, that is −$103 on $10k: about 3.9 days of funding at the current rate (+$27 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CVCUSDT | 0.02753 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $3.0M | $5.7M | 50x |
| Short | Bybit CVCUSDT | 0.02735 | 0.0988 | get 0.0123% / 1h | 8m 54s | $1.7M | $1.5M | 25x |
Binance CVCUSDT
Bybit CVCUSDTFunding 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
- $186.43
- Price spread: −0.650% → +0.383%
- −$103.25
- Slippage, 4 orders
- −$70.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$8.63
- Costs to cover
- 0.918%
- Break-even
- 7.3 days
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 3 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, 14 min ago | 1.82 bp | 18.0 bp −$18 | 82.8 bp −$828 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.83 bp | 27.8 bp −$28 | 394.6 bp −$3,946 | doesn't fit | doesn't fit |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CVCUSDTlong | +0.0100% | 4h | 0.02753 | long leg | $3.0M | $5.7M | 50x | |
| Gate CVC_USDT | +0.0100% | 4h | 0.02750 | −0.105% | $212K | $323K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02752 | −0.032% | $657K | $124K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02756 | +0.113% | $1.4M | $424K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02753 | +0.004% | $454K | $473K | 50x | as long as short |
| BingX CVC-USDT | +0.0714% | 4h | 0.02747 | −0.214% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.0904% | 1h | 0.02730 | −0.830% | $1K | $370 | — | as long as short |
| Bybit CVCUSDTshort | +0.0988% | 1h | 0.02735 | −0.650% | $1.7M | $1.5M | 25x |
Gate CVC_USDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Bitget CVCUSDT
BingX CVC-USDT
Variational Omni CVC