Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Binance+0.075%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$348as in the Price arb table
costs, in and out, $10k−$3443.439% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now +0.075%, 7d avg +0.114%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance REDUSDT | 0.1597 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $2.3M | $4.3M | 50x |
| Short | Bybit REDUSDT | 0.1598 | 0.0100 | get 0.0050% / 4h | 3h 12m | $1.9M | $2.1M | 25x |
Binance REDUSDT
Bybit REDUSDTFunding 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: +0.075% → +0.114%
- −$3.91
- Slippage, 4 orders
- −$322.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$347.81
- Costs to cover
- 3.439%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 4 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, 9 min ago | 3.15 bp | 27.4 bp −$27 | 159.7 bp −$1,597 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.82 bp | 103.2 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
RED 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 REDUSDT | +0.0100% | 4h | 0.1597 | +0.016% | $28K | $39K | 5x | as long as short |
| Binance REDUSDTlong | +0.0100% | 4h | 0.1597 | long leg | $2.3M | $4.3M | 50x | |
| Bybit REDUSDTshort | +0.0100% | 4h | 0.1598 | +0.075% | $1.9M | $2.1M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1599 | +0.125% | $363K | $96K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1599 | +0.125% | $804K | $364K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1594 | −0.205% | $28K | $4K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1634 | +2.317% | $2K | $862K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1595 | −0.142% | $32 | — | 5x | as long as short |
| BloFin RED-USDT | +0.0136% | 4h | 0.1600 | +0.207% | $221K | $6K | 25x | as long as short |
| MEXC RED_USDT | +0.0342% | 4h | 0.1596 | −0.063% | $492K | $170K | 20x | as long as short |
Aster REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
BloFin RED-USDT
MEXC RED_USDT