Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against Bybit+0.190%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$311as in the Price arb table
costs, in and out, $10k−$3323.320% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.190%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.210% dearer against Bybit than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACTUSDT | 0.01106 | 0.0624 | pay 0.0312% / 4h | 2h 43m | $631K | $459K | 25x |
| Short | BingX ACT-USDT | 0.01108 | 0.0732 | get 0.0366% / 4h | 2h 43m | — | $1.3M | — |
Bybit ACTUSDT
BingX ACT-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
- $22.71
- Price spread: +0.190% → −0.021%
- $21.05
- Slippage, 4 orders
- −$310.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$288.22
- Costs to cover
- 3.320%
- Break-even
- 95.8 days
Slippage from Bybit: live order book, 62 min ago; BingX: live order book, 7 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, 62 min ago | 5.84 bp | 167.0 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.47 bp | 29.4 bp −$29 | 165.6 bp −$1,656 | 683.2 bp −$68.3K | 1014.2 bp −$507.1K |
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 | 0.01104 | −0.181% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01106 | +0.018% | $6.5M | $112K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01106 | −0.009% | $266K | $86K | 10x | as long as short |
| OKX ACT-USDT-SWAP | +0.0262% | 4h | 0.01107 | +0.054% | $800K | $1.4M | 10x | as long as short |
| Gate ACT_USDT | +0.0476% | 4h | 0.01110 | +0.353% | $156K | $94K | 25x | as long as short |
| Bybit ACTUSDTlong | +0.0624% | 4h | 0.01106 | long leg | $631K | $459K | 25x | |
| BingX ACT-USDTshort | +0.0732% | 4h | 0.01108 | +0.190% | — | $1.3M | — |
Binance ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP
Gate ACT_USDT