Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against BingX−0.066%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$970.975% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.066%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALT-USDT | 0.007612 | 0.0100 | pay 0.0050% / 4h | 2h 10m | — | $1.3M | — |
| Short | Bybit ALTUSDT | 0.007607 | 0.0100 | get 0.0050% / 4h | 2h 10m | $1.2M | $1.6M | 25x |
BingX ALT-USDT
Bybit ALTUSDTFunding 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
- $0
- Price spread: −0.066% → −0.035%
- −$3.05
- Slippage, 4 orders
- −$76.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.52
- Costs to cover
- 0.975%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 1 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, 4 min ago | 3.94 bp | 22.4 bp −$22 | 67.3 bp −$673 | 472.6 bp −$47.3K | 680.7 bp −$340.4K |
| Sell Bybit live order book, 1 min ago | 3.29 bp | 26.7 bp −$27 | 126.7 bp −$1,267 | doesn't fit | doesn't fit |
ALT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | −0.0012% | 1h | 0.007620 | +0.105% | — | $0 | 25x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007612 | 0.000% | $1.1M | $194K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007616 | +0.054% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDTshort | +0.0100% | 4h | 0.007607 | −0.066% | $1.2M | $1.6M | 25x | |
| Gate ALT_USDT | +0.0100% | 8h | 0.007612 | 0.000% | $50K | $408K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007616 | +0.053% | $410K | $186K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007623 | +0.145% | $151K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007619 | +0.092% | $602K | $114K | 50x | as long as short |
| BingX ALT-USDTlong | +0.0100% | 4h | 0.007612 | long leg | — | $1.3M | — | |
| Variational Omni ALT | +0.0100% | 4h | 0.007609 | −0.044% | $4K | $15K | — | as long as short |
Deribit ALT_USDC-PERPETUAL
Hyperliquid ALT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
Variational Omni ALTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | +0.0207% | 1h | 0.007622 | +0.125% | $45K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0432% | 1h | 0.007644 | +0.420% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007604 | −0.105% | $827 | $4K | 5.5x | as long as short |
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP