Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.101%
Price spread now: Binance against Bybit+0.070%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 7 days−0.090%−$9 · spread now +0.070%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.127% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07378 | 0.0100 | pay 0.0050% / 4h | 50m 33s | $2.3M | $2.1M | 25x |
| Short | Binance LAUSDT | 0.07383 | 0.0100 | get 0.0050% / 4h | 50m 33s | $4.7M | $8.0M | 25x |
Bybit LAUSDT
Binance LAUSDTFunding 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: +0.070% → −0.057%
- $12.73
- Slippage, 4 orders
- −$47.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.22
- Costs to cover
- 0.690%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 12 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 | 0.68 bp | 20.0 bp −$20 | 133.5 bp −$1,335 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.68 bp | 15.1 bp −$15 | 47.1 bp −$471 | doesn't fit | doesn't fit |
LA on 11 exchanges
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 LA_USDT | −0.1014% | 4h | 0.07375 | −0.041% | $220K | $779K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0988% | 4h | 0.07370 | −0.108% | $1.0M | $65K | 30x | as long as short |
| OKX LA-USDT-SWAP | −0.0539% | 4h | 0.07381 | +0.041% | $1.3M | $2.4M | 20x | as long as short |
| BingX LA-USDT | −0.0512% | 4h | 0.07368 | −0.136% | — | $6.5M | — | as long as short |
| Aster LAUSDT | +0.0100% | 4h | 0.07383 | +0.065% | $51K | $23K | 5x | as long as short |
| Binance LAUSDTshort | +0.0100% | 4h | 0.07383 | +0.070% | $4.7M | $8.0M | 25x | |
| Bybit LAUSDTlong | +0.0100% | 4h | 0.07378 | long leg | $2.3M | $2.1M | 25x | |
| MEXC LA_USDT | +0.0100% | 4h | 0.07372 | −0.081% | $363K | $128K | 50x | as long as short |
| Bitget LAUSDT | +0.0100% | 4h | 0.07365 | −0.176% | $2.0M | $339K | 25x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07382 | +0.060% | $139K | $402K | 10x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
OKX LA-USDT-SWAP
BingX LA-USDT
Aster LAUSDT
MEXC LA_USDT
Bitget LAUSDT
GRVT LA_USDT_PerpShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDT | +0.0101% | 4h | 0.07369 | −0.122% | $246K | $21K | 25x | as long as short |
BloFin LA-USDT