Funding you earn now, next payment 08:00 UTC+0.1063%/8h= +116.4% APRnext payment +$5.32 per $10,000 · paid last 24h +0.096%
Price spread now: Binance against Bybit−0.097%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1581.577% of the position
Funding, last 7 days+0.743%+$74 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now −0.097%, 7d avg −0.127%
=Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Binance is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.127%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.743% in total (about 38.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ESPORTSUSDT | 0.01034 | 0.0171 | pay 0.0085% / 4h | 3h 20m | $1.8M | $1.1M | 10x |
| Short | Binance ESPORTSUSDT | 0.01033 | 0.1234 | get 0.0617% / 4h | 3h 20m | $5.8M | $4.6M | 10x |
Bybit ESPORTSUSDT
Binance ESPORTSUSDTFunding 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
- $223.3
- Price spread: −0.097% → −0.127%
- $2.99
- Slippage, 4 orders
- −$136.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $68.62
- Costs to cover
- 1.577%
- Break-even
- 4.8 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 3 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, 1 min ago | 4.84 bp | 57.4 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 4.84 bp | 25.3 bp −$25 | 97.5 bp −$975 | 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 | +0.0100% | 4h | 0.01033 | −0.066% | $31K | $507 | — | as long as short |
| Bybit ESPORTSUSDTlong | +0.0171% | 4h | 0.01034 | long leg | $1.8M | $1.1M | 10x | |
| KuCoin ESPORTSUSDTM | +0.0356% | 4h | 0.01033 | −0.097% | $776K | $39K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.0821% | 4h | 0.01034 | −0.021% | $126K | $89K | 5x | as long as short |
| Gate ESPORTS_USDT | +0.0910% | 4h | 0.01035 | +0.097% | $371K | $570K | 10x | as long as short |
| BingX ESPORTS-USDT | +0.1198% | 4h | 0.01034 | 0.000% | — | $1.4M | — | as long as short |
| MEXC ESPORTS_USDT | +0.1224% | 4h | 0.01033 | −0.097% | $1.4M | $192K | 20x | as long as short |
| Binance ESPORTSUSDTshort | +0.1234% | 4h | 0.01033 | −0.097% | $5.8M | $4.6M | 10x |
Variational Omni ESPORTS
KuCoin ESPORTSUSDTM
Aster ESPORTSUSDT
Gate ESPORTS_USDT
BingX ESPORTS-USDT
MEXC ESPORTS_USDT