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

EDU

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.152%+$15 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDUUSDT0.051370.0100pay 0.0100% / 8h6h 22m$4.3M$1.9M50x
ShortBybit EDUUSDT0.051330.0100get 0.0100% / 8h6h 22m$512K$254K5x

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 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: −0.074% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago3.92 bp27.0 bp −$27122.1 bp −$1,221doesn't fitdoesn't fit
Sell Bybit live order book, 37 min ago5.89 bp51.3 bp −$51doesn't fitdoesn't fitdoesn't fit

EDU on 8 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
Aster EDUUSDT+0.0100%8h0.05134−0.055%$1K$9K5xas long as short
Binance EDUUSDTlong+0.0100%8h0.05137long leg$4.3M$1.9M50x
Bybit EDUUSDTshort+0.0100%8h0.05133−0.074%$512K$254K5x
Gate EDU_USDT+0.0100%8h0.05131−0.113%$108K$20K50xas long as short
MEXC EDU_USDT+0.0100%8h0.05137+0.004%$3.5M$247K50xas long as short
BingX EDU-USDT+0.0100%8h0.05139+0.043%$2.3Mas long as short
Variational Omni EDU+0.0100%8h0.05140+0.065%$5K$27as long as short
KuCoin EDUUSDTM+0.0830%8h0.05149+0.237%$80K$31K30xas long as short