Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.232%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2872.874% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.239%−$24 · spread now +0.232%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.234% dearer against BingX than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APEX-USDT | 0.2589 | 0.0100 | pay 0.0050% / 4h | 2h 33m | — | $1.3M | — |
| Short | Bybit APEXUSDT | 0.2595 | 0.0100 | get 0.0050% / 4h | 2h 33m | $3.6M | $1.3M | 25x |
BingX APEX-USDT
Bybit APEXUSDTFunding 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: +0.232% → −0.002%
- $23.42
- Slippage, 4 orders
- −$266.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$263.95
- Costs to cover
- 2.874%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 4 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 | 27.06 bp | 80.9 bp −$81 | 313.3 bp −$3,133 | 540.4 bp −$54.0K | 876.2 bp −$438.1K |
| Sell Bybit live order book, 4 min ago | 7.78 bp | 57.1 bp −$57 | 510.6 bp −$5,106 | doesn't fit | doesn't fit |
APEX 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDTshort | +0.0100% | 4h | 0.2595 | +0.232% | $3.6M | $1.3M | 25x | |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2587 | −0.077% | $585K | $248K | 50x | as long as short |
| BingX APEX-USDTlong | +0.0100% | 4h | 0.2589 | long leg | — | $1.3M | — | |
| Variational Omni APEX | +0.0100% | 4h | 0.2570 | −0.730% | $19K | $6K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2584 | −0.193% | $138K | $431K | 50x | as long as short |
| Hyperliquid APEX | +0.1584% | 1h | 0.2598 | +0.349% | $2.9M | $117K | 3x | as long as short |
| Lighter APEX | +0.1680% | 1h | 0.2598 | +0.344% | $57K | $23K | 5x | as long as short |
MEXC APEX_USDT
Variational Omni APEX
ApeX Omni APEXUSDT
Hyperliquid APEX
Lighter APEX