Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.016%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1091.089% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 2 days (all we have)−0.026%−$3 · spread now +0.016%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NOWUSDT | 137.79 | 0 | get 0.0000% / 8h | 1h 46m | $1.5M | $5.7M | 25x |
| Short | Binance NOWUSDT | 137.81 | 0 | get 0.0000% / 8h | 1h 46m | $1.6M | $1.3M | 20x |
Bybit NOWUSDT
Binance NOWUSDTFunding 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: +0.016% → +0.006%
- $1.01
- Slippage, 4 orders
- −$87.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.91
- Costs to cover
- 1.089%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 2 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, 2 min ago | 1.45 bp | 27.5 bp −$28 | 162.2 bp −$1,622 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 3.27 bp | 13.0 bp −$13 | 59.8 bp −$598 | doesn't fit | doesn't fit |
NOW 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NOW-USDT | −0.0030% | 8h | 137.87 | +0.058% | $45K | $17K | 20x | as long as short |
| Aster NOWUSDT | 0.0000% | 8h | 137.80 | +0.008% | $41K | $995 | 20x | as long as short |
| Binance NOWUSDTshort | 0.0000% | 8h | 137.81 | +0.016% | $1.6M | $1.3M | 20x | |
| Bybit NOWUSDTlong | 0.0000% | 8h | 137.79 | long leg | $1.5M | $5.7M | 25x | |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.88 | +0.065% | $484K | $196K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.68 | −0.080% | $1.1M | $2.0M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.74 | −0.036% | $249K | $399K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.76 | −0.022% | $761K | $262K | 20x | as long as short |
| GRVT NOW_USDT_Perp | 0.0000% | 8h | 137.81 | +0.016% | $8 | $172K | 10x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.78 | −0.007% | $557 | $443K | 10x | as long as short |
BloFin NOW-USDT
Aster NOWUSDT
OKX NOW-USDT-SWAP
QFEX NOW-USD
Gate NOW_USDT
Bitget NOWUSDT
GRVT NOW_USDT_Perp
SunX NOW-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NOW-USDT | 0.0000% | 8h | 137.81 | +0.015% | $5K | $26K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.80 | +0.007% | $5K | $173 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.459% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.69 | −0.073% | — | — | 25x | as long as short |
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.63 | −0.116% | $317K | $747K | 20x | as long as short |
| tradeXYZ xyz:NOW | +0.0292% | 1h | 137.75 | −0.029% | $2.1M | $198K | 10x | as long as short |
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Vest NOW-USD-PERP
KuCoin NOWUSDTM
tradeXYZ xyz:NOW