Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.224%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1491.489% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.402%−$40 · spread now +0.224%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.183% dearer against Bybit than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EDUUSDT | 0.05182 | 0.0100 | pay 0.0100% / 8h | 7h 47m | $503K | $261K | 5x |
| Short | Binance EDUUSDT | 0.05194 | 0.0100 | get 0.0100% / 8h | 7h 47m | $4.3M | $1.9M | 50x |
Bybit EDUUSDT
Binance EDUUSDTFunding 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 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: +0.224% → +0.042%
- $18.27
- Slippage, 4 orders
- −$127.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.61
- Costs to cover
- 1.489%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 43 min ago; Binance: live order book, 5 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 Bybit live order book, 43 min ago | 6.73 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.92 bp | 37.0 bp −$37 | 126.3 bp −$1,263 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EDU_USDT | −0.0221% | 8h | 0.05176 | −0.116% | $106K | $26K | 50x | as long as short |
| Aster EDUUSDT | +0.0100% | 8h | 0.05181 | −0.011% | $1K | $9K | 5x | as long as short |
| Binance EDUUSDTshort | +0.0100% | 8h | 0.05194 | +0.224% | $4.3M | $1.9M | 50x | |
| Bybit EDUUSDTlong | +0.0100% | 8h | 0.05182 | long leg | $503K | $261K | 5x | |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05192 | +0.193% | $3.5M | $253K | 50x | as long as short |
| KuCoin EDUUSDTM | +0.0100% | 8h | 0.05187 | +0.096% | $72K | $29K | 30x | as long as short |
| BingX EDU-USDT | +0.0100% | 8h | 0.05180 | −0.039% | — | $2.4M | — | as long as short |
| Variational Omni EDU | +0.0100% | 8h | 0.05191 | +0.167% | $5K | $2 | — | as long as short |
Gate EDU_USDT
Aster EDUUSDT
MEXC EDU_USDT
KuCoin EDUUSDTM
BingX EDU-USDT
Variational Omni EDU