Funding you earn now, next payment 08:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.65 per $10,000 · paid last 24h −0.015%
Price spread now: Binance against Bybit−0.044%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$378as in the Price arb table
costs, in and out, $10k−$3763.765% of the position
Funding, last 4 days (all we have)−0.015%−$2 on $10k
+Price spread, last 2 days (all we have)−0.013%−$1 · spread now −0.044%, 7d avg −0.025%
=The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ANETUSDT | 205.64 | 0.0065 | pay 0.0065% / 8h | 58m 30s | $77K | $212K | 25x |
| Short | Binance ANETUSDT | 205.55 | 0 | get 0.0000% / 8h | 58m 30s | $128K | $408K | 20x |
Bybit ANETUSDT
Binance ANETUSDTFunding 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
- −$13.57
- Price spread: −0.044% → −0.025%
- −$1.86
- Slippage, 4 orders
- −$355.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$391.91
- Costs to cover
- 3.765%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 26 min ago; Binance: live order book, 18 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, 26 min ago | 10.45 bp | 118.0 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 18 min ago | 0.24 bp | 91.5 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
ANET on 7 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 ANETUSDTshort | 0.0000% | 8h | 205.55 | −0.044% | $128K | $408K | 20x | |
| Gate ANET_USDT | 0.0000% | 8h | 205.75 | +0.053% | $169K | $7K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 205.06 | −0.282% | $81K | $113K | 20x | as long as short |
| Phemex ANETUSDT | 0.0000% | 8h | 205.65 | +0.005% | $23K | $33K | 10x | as long as short |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −2.932% | $2K | $32K | 12x | as long as short |
| Bybit ANETUSDTlong | +0.0065% | 8h | 205.64 | long leg | $77K | $212K | 25x | |
| HTX ANET-USDT | +0.0100% | 8h | 205.82 | +0.088% | $3K | $40K | 20x | as long as short |
Gate ANET_USDT
Bitget ANETUSDT
Phemex ANETUSDT
Injective ANET/USDC PERP
HTX ANET-USDT