Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against Binance+0.021%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1091.094% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.021%, 7d avg +0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MASKUSDT | 0.4846 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $2.5M | $4.6M | 50x |
| Short | Bybit MASKUSDT | 0.4847 | 0.0100 | get 0.0050% / 4h | 3h 52m | $1.3M | $928K | 50x |
Binance MASKUSDT
Bybit MASKUSDTFunding 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
- $0
- Price spread: +0.021% → +0.034%
- −$1.34
- Slippage, 4 orders
- −$88.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$110.76
- Costs to cover
- 1.094%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 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, 15 min ago | 2.07 bp | 18.9 bp −$19 | 91.7 bp −$917 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.21 bp | 35.0 bp −$35 | 79.4 bp −$794 | doesn't fit | doesn't fit |
MASK 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDTlong | +0.0100% | 4h | 0.4846 | long leg | $2.5M | $4.6M | 50x | |
| Bybit MASKUSDTshort | +0.0100% | 4h | 0.4847 | +0.021% | $1.3M | $928K | 50x | |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4842 | −0.083% | $512K | $1.0M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4846 | 0.000% | $278K | $223K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4846 | 0.000% | $1.1M | $231K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4854 | +0.165% | $598K | $165K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4845 | −0.021% | $516K | $358K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4842 | −0.083% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4832 | −0.286% | $23K | $31 | — | as long as short |
| BloFin MASK-USDT | +0.0110% | 4h | 0.4831 | −0.310% | $127K | $15K | 50x | as long as short |
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK
BloFin MASK-USDT