Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Bybit+0.260%7-day average +0.290% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1341.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.260%, 7d avg +0.290%
Together, before fees+0.030%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.030% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.290%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.019720.0100pay 0.0100% / 8h7h 18m$4.2M$2.6M50x
ShortBinance DEEPUSDT0.019770.0100get 0.0050% / 4h3h 18m$2.1M$5.6M50x

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

Funding earned
$0
Price spread: +0.260% → +0.290%
−$3
Slippage, 4 orders
−$113
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$137
Costs to cover
1.340%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago5.09 bp34.3 bp −$34418.8 bp −$4,188doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago5.08 bp38.3 bp −$38145.2 bp −$1,452doesn't fitdoesn't fit

DEEP on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERP−0.5433%1h0.01953−0.963%$80K$11K20xas long as short
Binance DEEPUSDTshort+0.0100%4h0.01977+0.260%$2.1M$5.6M50x
Bybit DEEPUSDTlong+0.0100%8h0.01972long leg$4.2M$2.6M50x
Gate DEEP_USDT+0.0100%4h0.01973+0.051%$304K$68K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01976+0.203%$1.1M$443K100xas long as short
Bitget DEEPUSDT+0.0100%4h0.01975+0.152%$836K$498K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01976+0.203%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01974+0.112%$14K$8Kas long as short
Extended DEEP-USD+0.0104%1h0.01976+0.196%$3K$248K5xas long as short
BloFin DEEP-USDT+0.0110%8h0.01973+0.051%$134K$30K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DEEPUSDTM+0.0136%4h0.01982+0.507%$1.8M$86K20xas long as short
Kraken Futures PF_DEEPUSD+0.0583%1h0.01975+0.141%$8K$9K10xas long as short