Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.012%
Price spread now: Binance against Bybit+0.127%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1281.278% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 7 days−0.119%−$12 · spread now +0.127%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.078% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JSTUSDT | 0.1122 | 0.0011 | pay 0.0011% / 8h | 2h 12m | $1.8M | $1.4M | 75x |
| Short | Binance JSTUSDT | 0.1124 | 0.0033 | get 0.0017% / 4h | 2h 12m | $6.2M | $9.5M | 75x |
Funding 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
- $4.78
- Price spread: +0.127% → +0.050%
- $7.78
- Slippage, 4 orders
- −$106.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.23
- Costs to cover
- 1.278%
- Break-even
- 175.7 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 13 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, 4 min ago | 3.12 bp | 51.6 bp −$52 | 321.0 bp −$3,210 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.44 bp | 14.0 bp −$14 | 54.0 bp −$540 | 309.9 bp −$31.0K | doesn't fit |
JST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX JST-USDT | −0.0421% | 4h | 0.1122 | −0.012% | $429K | $1.4M | 20x | as long as short |
| BingX JST-USDT | +0.0007% | 4h | 0.1123 | +0.074% | — | $2.3M | — | as long as short |
| Bybit JSTUSDTlong | +0.0011% | 8h | 0.1122 | long leg | $1.8M | $1.4M | 75x | |
| MEXC JST_USDT | +0.0028% | 4h | 0.1124 | +0.119% | $871K | $298K | 50x | as long as short |
| Binance JSTUSDTshort | +0.0033% | 4h | 0.1124 | +0.127% | $6.2M | $9.5M | 75x | |
| Gate JST_USDT | +0.0100% | 4h | 0.1124 | +0.127% | $171K | $84K | 25x | as long as short |
| Bitget JSTUSDT | +0.0100% | 4h | 0.1123 | +0.101% | $2.0M | $545K | 75x | as long as short |
| Variational Omni JST | +0.0100% | 8h | 0.1122 | −0.042% | $50K | $78K | — | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1123 | +0.103% | $976K | $57K | 75x | as long as short |
Bybit JSTUSDT
Binance JSTUSDT
SunX JST-USDT
BingX JST-USDT
MEXC JST_USDT
Gate JST_USDT
Bitget JSTUSDT
Variational Omni JST
HTX JST-USDT