Funding you earn now, next payment 03:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h −0.050%
Price spread now: Bybit against tradeXYZ−0.021%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.021%, 7d avg −0.036%
=Together, before fees−0.337%+ Points / potential airdroptradeXYZ: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EUR | 1.1475 | 0.0208 | pay 0.0026% / 1h | 21m 23s | $23.3M | $1.8M | 50x |
| Short | Bybit EURUSDUSDT | 1.1473 | 0 | get 0.0000% / 8h | 5h 21m | $584K | $281K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$43.69
- Price spread: −0.021% → −0.036%
- $1.54
- Slippage, 4 orders
- −$24.97
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$96.12
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Bybit: live order book, 34 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 tradeXYZ live order book, 7 min ago | 0.87 bp | 11.7 bp −$12 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 34 min ago | 4.36 bp | 13.8 bp −$14 | 47.7 bp −$477 | doesn't fit | doesn't fit |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0156% | 4h | 1.1472 | −0.026% | $6.8M | $137K | 100x | as long as short |
| Nado EURUSD-PERP | −0.0001% | 1h | 1.1472 | −0.022% | $467K | $154K | 40x | as long as short |
| Bybit EURUSDUSDTshort | 0.0000% | 8h | 1.1473 | −0.021% | $584K | $281K | 100x | |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1473 | −0.017% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | −0.026% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1469 | −0.052% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1475 | 0.000% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1475 | 0.000% | $13K | $259K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1469 | −0.051% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.075% | $9K | $78K | 101x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1501 | +0.226% | — | $264K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1472 | −0.026% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | +0.019% | $12K | — | 10x | as long as short |
| Kraken Futures PF_EURUSD | +0.0119% | 1h | 1.1467 | −0.066% | $3K | — | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0176% | 1h | 1.1477 | +0.017% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0176% | 1h | 1.1470 | −0.047% | $163K | $8.2M | 30x | as long as short |
| Lighter EURUSD | +0.0184% | 1h | 1.1482 | +0.057% | $2.1M | $444K | 50x | as long as short |
| tradeXYZ xyz:EURlong | +0.0208% | 1h | 1.1475 | long leg | $23.3M | $1.8M | 50x |
tradeXYZ xyz:EUR
Bybit EURUSDUSDT
MEXC EUR_USDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Pacifica EURUSD
Kraken Futures PF_EURUSD
Lighter EURUSD