Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.079%
Price spread now: Bybit against BingX−0.091%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1591.586% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.091%, 7d avg −0.053%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.038% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACU-USDT | 0.1212 | 0.1254 | pay 0.0627% / 4h | 33m 08s | — | $1.3M | — |
| Short | Bybit ACUUSDT | 0.1211 | 0.1187 | get 0.0594% / 4h | 33m 08s | $841K | $568K | 13x |
BingX ACU-USDT
Bybit ACUUSDTFunding 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
- −$14
- Price spread: −0.091% → −0.053%
- −$3.77
- Slippage, 4 orders
- −$137.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$176.33
- Costs to cover
- 1.586%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 42 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, 11 min ago | 4.12 bp | 37.3 bp −$37 | 112.8 bp −$1,128 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 42 min ago | 3.73 bp | 43.5 bp −$44 | 563.8 bp −$5,638 | doesn't fit | doesn't fit |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1213 | +0.082% | $221K | $264K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1209 | −0.305% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1209 | −0.289% | $559K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1210 | −0.198% | $1K | $1.1M | 20x | as long as short |
| Bitget ACUUSDT | +0.0498% | 4h | 0.1216 | +0.330% | $255K | $230K | 10x | as long as short |
| Aster ACUUSDT | +0.0525% | 4h | 0.1211 | −0.133% | $2K | $4K | 5x | as long as short |
| BloFin ACU-USDT | +0.0726% | 4h | 0.1212 | −0.016% | $118K | $59K | 10x | as long as short |
| MEXC ACU_USDT | +0.0778% | 4h | 0.1212 | −0.025% | $13.8M | $344K | 50x | as long as short |
| Binance ACUUSDT | +0.0778% | 4h | 0.1212 | −0.008% | $2.5M | $1.3M | 10x | as long as short |
| Bybit ACUUSDTshort | +0.1187% | 4h | 0.1211 | −0.091% | $841K | $568K | 13x |
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
BloFin ACU-USDT
MEXC ACU_USDT
Binance ACUUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACU-USDTlong | +0.1254% | 4h | 0.1212 | long leg | — | $1.3M | — |