Funding you earn now, next payment 04:00 UTC+0.0392%/8h= +42.9% APRnext payment +$1.96 per $10,000 · paid last 24h +0.075%
Price spread now: BingX against Bybit+0.069%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$480as in the Funding arb table
Net, price: spread back to 7d avg − costs−$513as in the Price arb table
costs, in and out, $10k−$5115.113% of the position
Funding, last 7 days+0.309%+$31 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now +0.069%, 7d avg +0.090%
=Funding pays, the price is against you. BingX is 0.021% cheaper against Bybit than usual: you would sell low and buy high (spread +0.069% now, against its 7-day average of +0.090%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.309% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.02167 | 0.0666 | pay 0.0333% / 4h | 3h 19m | $2.8M | $1.7M | 5x |
| Short | BingX 4-USDT | 0.02169 | 0.1058 | get 0.0529% / 4h | 3h 19m | — | $1.4M | — |
Bybit 4USDT
BingX 4-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $82.35
- Price spread: +0.069% → +0.090%
- −$2.09
- Slippage, 4 orders
- −$490.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$431.03
- Costs to cover
- 5.113%
- Break-even
- 43.6 days
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 11 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 | 5.51 bp | 214.2 bp −$214 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 30.12 bp | 54.8 bp −$55 | 119.1 bp −$1,191 | 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 | 0.02173 | +0.267% | $50K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02170 | +0.120% | $2K | $1.1M | 20x | as long as short |
| KuCoin 4USDTM | +0.0576% | 4h | 0.02170 | +0.120% | $942K | $12.7M | 20x | as long as short |
| Aster 4USDT | +0.0578% | 4h | 0.02169 | +0.088% | $248K | $95K | 5x | as long as short |
| Bybit 4USDTlong | +0.0666% | 4h | 0.02167 | long leg | $2.8M | $1.7M | 5x | |
| MEXC 4_USDT | +0.0712% | 4h | 0.02167 | −0.018% | $1.9M | $851K | 100x | as long as short |
| Binance 4USDT | +0.0712% | 4h | 0.02169 | +0.065% | $8.4M | $11.2M | 20x | as long as short |
| BingX 4-USDTshort | +0.1058% | 4h | 0.02169 | +0.069% | — | $1.4M | — | |
| Gate 4_USDT | +0.1570% | 4h | 0.02170 | +0.125% | $594K | $244K | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
KuCoin 4USDTM
Aster 4USDT
MEXC 4_USDT
Binance 4USDT
Gate 4_USDT