Funding you earn now, next payment 08:00 UTC+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h +0.106%
Price spread now: BingX against Bybit−0.054%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$377as in the Price arb table
costs, in and out, $10k−$3723.715% of the position
Funding, last 7 days+0.441%+$44 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.054%, 7d avg −0.003%
=Funding pays, the price is against you. BingX is 0.051% cheaper against Bybit than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.003%). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APRUSDT | 0.1478 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.5M | $643K | 20x |
| Short | BingX APR-USDT | 0.1477 | 0.0322 | get 0.0161% / 4h | 1h 59m | — | $1.4M | — |
Bybit APRUSDT
BingX APR-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
- $46.62
- Price spread: −0.054% → −0.003%
- −$5.14
- Slippage, 4 orders
- −$350.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$330.03
- Costs to cover
- 3.715%
- Break-even
- 56.6 days
Slippage from Bybit: live order book, 1 min ago; BingX: 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 Bybit live order book, 1 min ago | 6.78 bp | 193.4 bp −$193 | 7729.7 bp −$77.3K | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 10.17 bp | 40.1 bp −$40 | 124.2 bp −$1,242 | 228.5 bp −$22.8K | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1479 | +0.081% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDTlong | +0.0100% | 4h | 0.1478 | long leg | $1.5M | $643K | 20x | |
| MEXC APR_USDT | +0.0100% | 4h | 0.1478 | +0.014% | $370K | $177K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1478 | +0.034% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1482 | +0.284% | $19K | $37K | 20x | as long as short |
| Bitget APRUSDT | +0.0114% | 4h | 0.1478 | +0.034% | $3.9M | $1.0M | 50x | as long as short |
| BloFin APR-USDT | +0.0118% | 4h | 0.1477 | −0.054% | $288K | $111K | 50x | as long as short |
| BingX APR-USDTshort | +0.0322% | 4h | 0.1477 | −0.054% | — | $1.4M | — | |
| OKX APR-USDT-SWAP | +0.0324% | 4h | 0.1478 | +0.014% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0718% | 4h | 0.1477 | −0.054% | $71K | $80K | 5x | as long as short |
Binance APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
BloFin APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTM | +0.0828% | 4h | 0.1475 | −0.169% | $2.4M | $342K | 50x | as long as short |
| Gate APR_USDT | +0.0954% | 4h | 0.1476 | −0.129% | $700K | $207K | 25x | as long as short |
KuCoin APRUSDTM
Gate APR_USDT