Funding you earn now, next payment 04:00 UTC+0.0191%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h −0.137%
Price spread now: Bybit against Binance+0.147%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1451.450% of the position
Funding, last 7 days−0.790%−$79 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now +0.147%, 7d avg +0.127%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.020% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.127%. Mind the row above: over the last 7 days funding on this pair cost −0.790%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPORTSUSDT | 0.01042 | 0.1457 | pay 0.0729% / 4h | 3h 30m | $5.8M | $4.4M | 10x |
| Short | Bybit ESPORTSUSDT | 0.01044 | 0.1648 | get 0.0824% / 4h | 3h 30m | $1.8M | $976K | 10x |
Binance ESPORTSUSDT
Bybit ESPORTSUSDTFunding 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
- $40.21
- Price spread: +0.147% → +0.127%
- $2.01
- Slippage, 4 orders
- −$124.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$102.82
- Costs to cover
- 1.450%
- Break-even
- 24.9 days
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 1 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, 8 min ago | 4.80 bp | 31.4 bp −$31 | 206.7 bp −$2,067 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.79 bp | 44.1 bp −$44 | 415.0 bp −$4,150 | doesn't fit | doesn't fit |
ESPORTS 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ESPORTS | +0.0293% | 4h | 0.01043 | +0.083% | $31K | $507 | — | as long as short |
| KuCoin ESPORTSUSDTM | +0.0616% | 4h | 0.01042 | −0.045% | $795K | $54K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.1097% | 4h | 0.01043 | +0.077% | $142K | $67K | 5x | as long as short |
| BingX ESPORTS-USDT | +0.1296% | 4h | 0.01043 | +0.051% | — | $1.4M | — | as long as short |
| MEXC ESPORTS_USDT | +0.1406% | 4h | 0.01042 | −0.045% | $1.4M | $183K | 20x | as long as short |
| Binance ESPORTSUSDTlong | +0.1457% | 4h | 0.01042 | long leg | $5.8M | $4.4M | 10x | |
| Bybit ESPORTSUSDTshort | +0.1648% | 4h | 0.01044 | +0.147% | $1.8M | $976K | 10x | |
| Gate ESPORTS_USDT | +0.2440% | 4h | 0.01046 | +0.339% | $379K | $563K | 10x | as long as short |
Variational Omni ESPORTS
KuCoin ESPORTSUSDTM
Aster ESPORTSUSDT
BingX ESPORTS-USDT
MEXC ESPORTS_USDT
Gate ESPORTS_USDT