Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.074%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1551.550% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.074%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.036% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDUUSDT | 0.05137 | 0.0100 | pay 0.0100% / 8h | 6h 22m | $4.3M | $1.9M | 50x |
| Short | Bybit EDUUSDT | 0.05133 | 0.0100 | get 0.0100% / 8h | 6h 22m | $512K | $254K | 5x |
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
- $0
- Price spread: −0.074% → −0.038%
- −$3.62
- Slippage, 4 orders
- −$133.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$158.6
- Costs to cover
- 1.550%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 37 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 | 3.92 bp | 27.0 bp −$27 | 122.1 bp −$1,221 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 37 min ago | 5.89 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
EDU 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EDUUSDT | +0.0100% | 8h | 0.05134 | −0.055% | $1K | $9K | 5x | as long as short |
| Binance EDUUSDTlong | +0.0100% | 8h | 0.05137 | long leg | $4.3M | $1.9M | 50x | |
| Bybit EDUUSDTshort | +0.0100% | 8h | 0.05133 | −0.074% | $512K | $254K | 5x | |
| Gate EDU_USDT | +0.0100% | 8h | 0.05131 | −0.113% | $108K | $20K | 50x | as long as short |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05137 | +0.004% | $3.5M | $247K | 50x | as long as short |
| BingX EDU-USDT | +0.0100% | 8h | 0.05139 | +0.043% | — | $2.3M | — | as long as short |
| Variational Omni EDU | +0.0100% | 8h | 0.05140 | +0.065% | $5K | $27 | — | as long as short |
| KuCoin EDUUSDTM | +0.0830% | 8h | 0.05149 | +0.237% | $80K | $31K | 30x | as long as short |
Binance EDUUSDT
Bybit EDUUSDT
Aster EDUUSDT
Gate EDU_USDT
MEXC EDU_USDT
BingX EDU-USDT
Variational Omni EDU
KuCoin EDUUSDTM