Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%
Price spread now: Bybit against Binance−0.087%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1901.899% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 2 days (all we have)+0.017%+$2 · spread now −0.087%, 7d avg −0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWTUSDT | 114.47 | 0 | get 0.0000% / 8h | 37m 06s | $466K | $492K | 20x |
| Short | Bybit EWTUSDT | 114.37 | 0 | get 0.0000% / 8h | 37m 06s | $218K | $20K | 25x |
Funding 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: −0.087% → −0.036%
- −$5.17
- Slippage, 4 orders
- −$168.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$195.04
- Costs to cover
- 1.899%
- Break-even
- never at this rate
Slippage from Binance: live order book, 40 min ago; Bybit: live order book, 48 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, 40 min ago | 0.87 bp | 23.3 bp −$23 | 78.8 bp −$788 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 48 min ago | 4.37 bp | 79.6 bp −$80 | 126.3 bp −$1,263 | doesn't fit | doesn't fit |
EWT on 12 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 EWTUSDT | 0.0000% | 8h | 114.48 | +0.009% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDTlong | 0.0000% | 8h | 114.47 | long leg | $466K | $492K | 20x | |
| Bybit EWTUSDTshort | 0.0000% | 8h | 114.37 | −0.087% | $218K | $20K | 25x | |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 114.58 | +0.096% | $172K | $44K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 114.51 | +0.035% | $43K | $903 | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 114.44 | −0.026% | $2.4M | $88K | 50x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 114.42 | −0.044% | $1.2M | $257K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 114.41 | −0.050% | $56K | $13K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 114.41 | −0.052% | $3K | $163K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 114.42 | −0.044% | $711 | $233K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWT-USDT | 0.0000% | 8h | 114.21 | −0.227% | $15K | $8K | 10x | as long as short |
| tradeXYZ xyz:EWT | +0.0050% | 1h | 114.38 | −0.079% | $712K | $120K | 20x | as long as short |
Binance EWTUSDT
Bybit EWTUSDT
Aster EWTUSDT
OKX EWT-USDT-SWAP
Gate EWT_USDT
MEXC EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_Perp
SunX EWT-USDT
HTX EWT-USDT
tradeXYZ xyz:EWT