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: Binance against Bybit+0.002%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2202.198% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 2 days (all we have)+0.079%+$8 · spread now +0.002%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% cheaper against Bybit than usual: you would sell low and buy high, −$3 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 | Bybit EWTUSDT | 114.68 | 0 | get 0.0000% / 8h | 2h 04m | $220K | $73K | 25x |
| Short | Binance EWTUSDT | 114.68 | 0 | get 0.0000% / 8h | 2h 04m | $467K | $861K | 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
- $0
- Price spread: +0.002% → +0.036%
- −$3.44
- Slippage, 4 orders
- −$198.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$223.21
- Costs to cover
- 2.198%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 25 min ago; Binance: live order book, 27 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, 25 min ago | 4.37 bp | 89.9 bp −$90 | 149.6 bp −$1,496 | doesn't fit | doesn't fit |
| Sell Binance live order book, 27 min ago | 2.62 bp | 17.4 bp −$17 | 95.0 bp −$950 | 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 | 114.64 | −0.036% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDTshort | 0.0000% | 8h | 114.68 | +0.002% | $467K | $861K | 20x | |
| Bybit EWTUSDTlong | 0.0000% | 8h | 114.68 | long leg | $220K | $73K | 25x | |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 114.75 | +0.061% | $172K | $165K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 114.76 | +0.070% | $44K | $4K | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 114.67 | −0.009% | $2.4M | $95K | 50x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 114.68 | 0.000% | $1.3M | $448K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 114.68 | +0.004% | $56K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 114.74 | +0.051% | $3K | $168K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 114.74 | +0.052% | $822 | $330K | 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 | 114.51 | −0.148% | $16K | $8K | 10x | as long as short |
| tradeXYZ xyz:EWT | +0.0050% | 1h | 114.68 | 0.000% | $714K | $204K | 20x | as long as short |
Bybit EWTUSDT
Binance 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