Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against Bybit−0.070%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2112.111% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 2 days (all we have)+0.048%+$5 · spread now −0.070%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.080% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TEAMUSDT | 196.85 | 0 | get 0.0000% / 8h | 16m 30s | $44K | $158K | 25x |
| Short | Binance TEAMUSDT | 196.71 | 0 | get 0.0000% / 8h | 16m 30s | $70K | $445K | 20x |
Bybit TEAMUSDT
Binance TEAMUSDTFunding 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: −0.070% → +0.009%
- −$7.96
- Slippage, 4 orders
- −$190.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$219.06
- Costs to cover
- 2.111%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 60 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, 3 min ago | 8.64 bp | 105.8 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 60 min ago | 5.34 bp | 21.7 bp −$22 | 95.8 bp −$958 | doesn't fit | doesn't fit |
TEAM on 10 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 TEAMUSDTshort | 0.0000% | 8h | 196.71 | −0.070% | $70K | $445K | 20x | |
| Bybit TEAMUSDTlong | 0.0000% | 8h | 196.85 | long leg | $44K | $158K | 25x | |
| OKX TEAM-USDT-SWAP | 0.0000% | 8h | 196.64 | −0.107% | $15K | $441K | 20x | as long as short |
| Gate TEAM_USDT | 0.0000% | 8h | 196.34 | −0.259% | $17K | $13K | 20x | as long as short |
| Bitget TEAMUSDT | 0.0000% | 8h | 196.70 | −0.076% | $52K | $109K | 20x | as long as short |
| SunX TEAM-USDT | 0.0000% | 8h | 196.68 | −0.086% | — | $877K | 10x | as long as short |
| HTX TEAM-USDT | 0.0000% | 8h | 196.71 | −0.071% | $6K | $326K | 20x | as long as short |
| BloFin TEAM-USDT | +0.0008% | 8h | 196.50 | −0.178% | $13K | $14K | 20x | as long as short |
| Extended TEAM-USD | +0.0040% | 1h | 195.44 | −0.718% | — | — | 5x | as long as short |
| edgeX TEAMUSDC | +0.0480% | 4h | 196.70 | −0.078% | — | $23K | 10x | as long as short |
OKX TEAM-USDT-SWAP
Gate TEAM_USDT
Bitget TEAMUSDT
SunX TEAM-USDT
HTX TEAM-USDT
BloFin TEAM-USDT
Extended TEAM-USD
edgeX TEAMUSDC