Funding you earn now, next payment 08:00 UTC+0.0166%/8h= +18.2% APRnext payment +$1.66 per $10,000 · paid last 24h +0.057%
Price spread now: Binance against Bybit−0.037%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days+0.372%+$37 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now −0.037%, 7d avg +0.069%
=Funding pays, the price is against you. Binance is 0.107% cheaper against Bybit than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.069%). If the spread goes back, that is −$11 on $10k: about 2.1 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AMATUSDT | 470.06 | 0 | get 0.0000% / 8h | 5h 27m | $898K | $656K | 25x |
| Short | Binance AMATUSDT | 469.88 | 0.0166 | get 0.0166% / 8h | 5h 27m | $8.9M | $12.6M | 20x |
Funding 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
- $34.95
- Price spread: −0.037% → +0.069%
- −$10.66
- Slippage, 4 orders
- −$60.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.83
- Costs to cover
- 0.811%
- Break-even
- 18.4 days
Slippage from Bybit: live order book, 33 min ago; Binance: live order book, 13 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, 33 min ago | 3.73 bp | 29.7 bp −$30 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.32 bp | 11.6 bp −$12 | 39.6 bp −$396 | doesn't fit | doesn't fit |
AMAT on 16 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 AMATUSDT | 0.0000% | 8h | 469.90 | −0.034% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDTlong | 0.0000% | 8h | 470.06 | long leg | $898K | $656K | 25x | |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 470.60 | +0.115% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 470.10 | +0.009% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 470.30 | +0.051% | $188 | $100K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 469.92 | −0.030% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 469.94 | −0.026% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 469.72 | −0.072% | $412K | $480K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 470.53 | +0.100% | $993 | $365K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 470.97 | +0.194% | $171K | $40K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AMAT | +0.0108% | 8h | 470.33 | +0.058% | $65K | $44K | — | as long as short |
| Binance AMATUSDTshort | +0.0166% | 8h | 469.88 | −0.037% | $8.9M | $12.6M | 20x | |
| Extended AMAT-USD | +0.0168% | 1h | 469.77 | −0.062% | $5K | $27K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0184% | 8h | 469.85 | −0.045% | $110K | $91K | 20x | as long as short |
| Phoenix AMAT | +0.0204% | 1h | 470.38 | +0.068% | $19K | $110K | 10x | as long as short |
| Gate AMAT_USDT | +0.0258% | 8h | 469.80 | −0.055% | $1.7M | $6.4M | 50x | as long as short |
Bybit AMATUSDT
Binance AMATUSDT
Aster AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Variational Omni AMAT
Extended AMAT-USD
BloFin AMAT-USDT
Phoenix AMAT
Gate AMAT_USDT