Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Bybit against BingX+0.181%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2912.908% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.181%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.163% dearer against BingX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACT-USDT | 0.01107 | 0.0168 | pay 0.0084% / 4h | 1h 18m | — | $1.2M | — |
| Short | Bybit ACTUSDT | 0.01109 | 0.0183 | get 0.0091% / 4h | 1h 18m | $602K | $419K | 25x |
Funding 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
- $3.12
- Price spread: +0.181% → +0.018%
- $16.29
- Slippage, 4 orders
- −$269.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$271.38
- Costs to cover
- 2.908%
- Break-even
- 615.7 days
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 37 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, 2 min ago | 5.41 bp | 24.4 bp −$24 | 185.1 bp −$1,851 | 622.9 bp −$62.3K | 927.9 bp −$464.0K |
| Sell Bybit live order book, 37 min ago | 4.07 bp | 116.0 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 ACTUSDT | +0.0100% | 4h | 0.01107 | −0.014% | $2.1M | $2.3M | 10x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01108 | +0.063% | $148K | $80K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01107 | 0.000% | $6.4M | $110K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01108 | +0.063% | $265K | $88K | 10x | as long as short |
| BingX ACT-USDTlong | +0.0168% | 4h | 0.01107 | long leg | — | $1.2M | — | |
| Bybit ACTUSDTshort | +0.0183% | 4h | 0.01109 | +0.181% | $602K | $419K | 25x | |
| OKX ACT-USDT-SWAP | +0.0220% | 4h | 0.01108 | +0.054% | $791K | $1.4M | 10x | as long as short |
BingX ACT-USDT
Bybit ACTUSDT
Binance ACTUSDT
Gate ACT_USDT
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP