Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against Binance−0.076%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days+0.174%+$17 · spread now −0.076%, 7d avg +0.011%
=Funding pays, the price is against you. Bybit is 0.087% cheaper against Binance than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.011%). If the spread goes back, that is −$9 on $10k: about 28 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.080% in total) that is about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUBARAKUSDT | 0.04663 | 0.0199 | pay 0.0099% / 4h | 42m 27s | $17.5M | $93.4M | 25x |
| Short | Bybit MUBARAKUSDT | 0.04659 | 0.0209 | get 0.0105% / 4h | 42m 27s | $3.5M | $11.4M | 25x |
Binance MUBARAKUSDT
Bybit MUBARAKUSDTFunding 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
- $2.17
- Price spread: −0.076% → +0.011%
- −$8.69
- Slippage, 4 orders
- −$98.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$125.69
- Costs to cover
- 1.192%
- Break-even
- 413.0 days
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 6 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 | 3.26 bp | 15.7 bp −$16 | 70.9 bp −$709 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 5.06 bp | 37.8 bp −$38 | 179.2 bp −$1,792 | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04660 | −0.063% | $2.9M | $58.9M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04635 | −0.593% | $12K | $55K | — | as long as short |
| Binance MUBARAKUSDTlong | +0.0199% | 4h | 0.04663 | long leg | $17.5M | $93.4M | 25x | |
| MEXC MUBARAK_USDT | +0.0202% | 4h | 0.04665 | +0.044% | $938K | $1.5M | 50x | as long as short |
| Bybit MUBARAKUSDTshort | +0.0209% | 4h | 0.04659 | −0.076% | $3.5M | $11.4M | 25x | |
| KuCoin MUBARAKUSDTM | +0.0328% | 4h | 0.04663 | +0.001% | $1.7M | $1.2M | 30x | as long as short |
| Bitget MUBARAKUSDT | +0.0342% | 4h | 0.04667 | +0.087% | $3.0M | $7.6M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0354% | 4h | 0.04664 | +0.022% | — | $3.2M | — | as long as short |
| Aster MUBARAKUSDT | +0.0462% | 4h | 0.04663 | +0.001% | $16K | $464K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.1330% | 4h | 0.04664 | +0.022% | $7.4M | $5.4M | 50x | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
KuCoin MUBARAKUSDTM
Bitget MUBARAKUSDT
BingX MUBARAK-USDT
Aster MUBARAKUSDT
Gate MUBARAK_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.4230% | 1h | 0.04670 | +0.160% | $59K | $438K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD