Funding you earn now, next payment 04:00 UTC−0.0213%/8h= −23.3% APRnext payment −$1.06 per $10,000 · paid last 24h −0.075%
Price spread now: Bybit against BingX+0.019%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$509as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4784.783% of the position
Funding, last 7 days−0.309%−$31 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now +0.019%, 7d avg −0.090%
=The price spread pays, funding is against you. Bybit is 0.109% dearer against BingX than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.090%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4-USDT | 0.02128 | 0.0666 | pay 0.0333% / 4h | 2h 56m | — | $1.4M | — |
| Short | Bybit 4USDT | 0.02128 | 0.0453 | get 0.0227% / 4h | 2h 56m | $2.8M | $1.7M | 5x |
BingX 4-USDT
Bybit 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$44.69
- Price spread: +0.019% → −0.090%
- $10.89
- Slippage, 4 orders
- −$457.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$512.14
- Costs to cover
- 4.783%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 5 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 BingX live order book, 4 min ago | 0.23 bp | 21.8 bp −$22 | 123.4 bp −$1,234 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.88 bp | 144.8 bp −$145 | 609.7 bp −$6,097 | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02133 | +0.236% | $49K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02134 | +0.282% | $2K | $1.1M | 20x | as long as short |
| Bybit 4USDTshort | +0.0453% | 4h | 0.02128 | +0.019% | $2.8M | $1.7M | 5x | |
| Aster 4USDT | +0.0551% | 4h | 0.02134 | +0.270% | $247K | $92K | 5x | as long as short |
| KuCoin 4USDTM | +0.0638% | 4h | 0.02129 | +0.047% | $960K | $12.7M | 20x | as long as short |
| MEXC 4_USDT | +0.0660% | 4h | 0.02131 | +0.141% | $1.7M | $858K | 100x | as long as short |
| Binance 4USDT | +0.0664% | 4h | 0.02132 | +0.168% | $8.2M | $11.4M | 20x | as long as short |
| BingX 4-USDTlong | +0.0666% | 4h | 0.02128 | long leg | — | $1.4M | — | |
| Gate 4_USDT | +0.0720% | 4h | 0.02134 | +0.305% | $582K | $244K | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
KuCoin 4USDTM
MEXC 4_USDT
Binance 4USDT
Gate 4_USDT