Funding you earn now, next payment 04:00 UTC+0.1162%/8h= +127.2% APRnext payment +$5.81 per $10,000 · paid last 24h +0.182%
Price spread now: BingX against Bybit+0.078%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2522.517% of the position
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 7 days−0.096%−$10 · 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: +$35 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 0.337% in total (about 17.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.81 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 | Bybit ALCHUSDT | 0.05136 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $3.0M | $6.0M | 20x |
| Short | BingX ALCH-USDT | 0.05140 | 0.1262 | get 0.0631% / 4h | 1h 42m | — | $6.7M | — |
Bybit ALCHUSDT
BingX ALCH-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
- $244.02
- Price spread: +0.078% → +0.067%
- $1.05
- Slippage, 4 orders
- −$230.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$6.58
- Costs to cover
- 2.517%
- Break-even
- 7.2 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 10 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, 1 min ago | 4.87 bp | 83.4 bp −$83 | 680.1 bp −$6,801 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 6.85 bp | 55.5 bp −$56 | 289.2 bp −$2,892 | 724.4 bp −$72.4K | 878.3 bp −$439.1K |
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 ALCHUSDTlong | +0.0100% | 4h | 0.05136 | long leg | $3.0M | $6.0M | 20x | |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05139 | +0.058% | $923K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05117 | −0.378% | $3K | $17K | — | as long as short |
| Gate ALCH_USDT | +0.0278% | 4h | 0.05139 | +0.058% | $284K | $665K | 20x | as long as short |
| BingX ALCH-USDTshort | +0.1262% | 4h | 0.05140 | +0.078% | — | $6.7M | — | |
| Aster ALCHUSDT | +0.1265% | 4h | 0.05144 | +0.164% | $13K | $101K | 5x | as long as short |
| MEXC ALCH_USDT | +0.1326% | 4h | 0.05140 | +0.078% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDT | +0.1337% | 4h | 0.05139 | +0.058% | $6.1M | $27.1M | 10x | as long as short |
| BloFin ALCH-USDT | +0.1353% | 4h | 0.05137 | +0.019% | $399K | $112K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1550% | 4h | 0.05127 | −0.175% | $1.2M | $276K | 10x | as long as short |
Bitget ALCHUSDT
Variational Omni ALCH
Gate ALCH_USDT
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 | +0.3859% | 1h | 0.05133 | −0.062% | $11K | $32K | 10x | as long as short |
Kraken Futures PF_ALCHUSD