Funding you earn now, next payment 23:00 UTC+0.0443%/8h= +48.5% APRnext payment +$0.55 per $10,000 · paid last 24h −0.073%
Price spread now: Bybit against Binance+0.177%7-day average +0.945% · you sell dearer than you buy
Net, funding: paid 7d − costs−$713as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$750.754% of the position
Funding, last 7 days−6.379%−$638 on $10k
+Price spread, last 7 days+1.648%+$165 · spread now +0.177%, 7d avg +0.945%
=Funding pays, the price is against you. Bybit is 0.768% cheaper against Binance than usual: you would sell low and buy high (spread +0.177% now, against its 7-day average of +0.945%). If the spread goes back, that is −$77 on $10k: about 5.8 days of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −6.379%, 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 LSKUSDT | 0.3665 | −0.0343 | get 0.0043% / 1h | 30m 30s | $15.2M | $95.3M | 50x |
| Short | Bybit LSKUSDT | 0.3671 | 0.0100 | get 0.0013% / 1h | 30m 30s | $10.0M | $20.1M | 25x |
Binance LSKUSDT
Bybit LSKUSDTFunding 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
- $92.99
- Price spread: +0.177% → +0.945%
- −$76.76
- Slippage, 4 orders
- −$54.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.13
- Costs to cover
- 0.754%
- Break-even
- 11.5 days
Slippage from Binance: live order book, 12 min ago; Bybit: 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 Binance live order book, 12 min ago | 0.55 bp | 10.5 bp −$10 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.14 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LSKUSDT | −0.0664% | 1h | 0.3667 | +0.049% | $62K | $121K | 5x | as long as short |
| Binance LSKUSDTlong | −0.0343% | 1h | 0.3665 | long leg | $15.2M | $95.3M | 50x | |
| MEXC LSK_USDT | −0.0320% | 1h | 0.3664 | −0.030% | $8.1M | $2.5M | 20x | as long as short |
| Gate LSK_USDT | +0.0096% | 1h | 0.3669 | +0.115% | $1.5M | $2.7M | 20x | as long as short |
| Bybit LSKUSDTshort | +0.0100% | 1h | 0.3671 | +0.177% | $10.0M | $20.1M | 25x | |
| Variational Omni LSK | +0.0100% | 1h | 0.3670 | +0.143% | $28K | $235K | — | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3666 | +0.044% | $61K | $305K | 20x | as long as short |
| Bitget LSKUSDT | +0.0104% | 1h | 0.3664 | −0.022% | $2.6M | $8.9M | 50x | as long as short |
| BingX LSK-USDT | +0.0104% | 1h | 0.3671 | +0.175% | — | $3.0M | — | as long as short |
| Kraken Futures PF_LSKUSD | +0.0237% | 1h | 0.3672 | +0.201% | $112K | $184K | 10x | as long as short |
Aster LSKUSDT
MEXC LSK_USDT
Gate LSK_USDT
Variational Omni LSK
HTX LSK-USDT
Bitget LSKUSDT
BingX LSK-USDT
Kraken Futures PF_LSKUSD