Funding you earn now, next payment 08:00 UTC−0.0566%/8h= −62.0% APRnext payment −$2.83 per $10,000 · paid last 24h −0.196%
Price spread now: Bybit against BingX−0.078%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2572.571% of the position
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.078%, 7d avg −0.067%
=The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.371% in total (about -19.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALCH-USDT | 0.05100 | 0.0666 | pay 0.0333% / 4h | 14m 45s | — | $6.8M | — |
| Short | Bybit ALCHUSDT | 0.05096 | 0.0100 | get 0.0050% / 4h | 14m 45s | $2.9M | $6.6M | 20x |
BingX ALCH-USDT
Bybit ALCHUSDTFunding 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
- −$118.86
- Price spread: −0.078% → −0.067%
- −$1.1
- Slippage, 4 orders
- −$236.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$377.04
- Costs to cover
- 2.571%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 7.88 bp | 30.9 bp −$31 | 258.2 bp −$2,582 | 671.2 bp −$67.1K | 832.3 bp −$416.1K |
| Sell Bybit live order book, 3 min ago | 7.90 bp | 93.7 bp −$94 | 347.9 bp −$3,479 | doesn't fit | doesn't fit |
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDTshort | +0.0100% | 4h | 0.05096 | −0.078% | $2.9M | $6.6M | 20x | |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05099 | −0.020% | $290K | $737K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05110 | +0.196% | $897K | $2.2M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05084 | −0.319% | $4K | $18K | — | as long as short |
| Aster ALCHUSDT | +0.0500% | 4h | 0.05083 | −0.331% | $13K | $134K | 5x | as long as short |
| MEXC ALCH_USDT | +0.0660% | 4h | 0.05097 | −0.059% | $5.0M | $2.6M | 100x | as long as short |
| Binance ALCHUSDT | +0.0661% | 4h | 0.05103 | +0.051% | $6.0M | $29.1M | 10x | as long as short |
| BingX ALCH-USDTlong | +0.0666% | 4h | 0.05100 | long leg | — | $6.8M | — | |
| BloFin ALCH-USDT | +0.0703% | 4h | 0.05087 | −0.255% | $384K | $122K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.0998% | 4h | 0.05082 | −0.353% | $1.2M | $328K | 10x | as long as short |
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
MEXC ALCH_USDT
Binance ALCHUSDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.2601% | 1h | 0.05077 | −0.455% | $12K | $36K | 10x | as long as short |
Kraken Futures PF_ALCHUSD