ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0335%/8h= +36.7% APRnext payment +$3.35 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against Bybit−0.005%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$300.303% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.005%, 7d avg +0.006%

Together, before fees+0.067%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$10 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 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.35 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 ARBUSDT	0.2216	−0.0252	get 0.0252% / 8h	2h 55m	$57.7M	$134.7M	50x
Short	BingX ARB-USDT	0.2215	0.0083	get 0.0083% / 8h	2h 55m	—	$54.2M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BingXbpOrdersPrice spread, now −0.005%Rate

Funding earned: $70.29
Price spread: −0.005% → +0.006%: −$1.1
Slippage, 4 orders: −$9.33
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: $38.87
Costs to cover: 0.303%
Break-even: 3.1 days

Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 13 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, 4 min ago	0.22 bp	9.4 bp −$9	16.5 bp −$165	48.8 bp −$4,879	doesn't fit
Sell BingX live order book, 13 min ago	1.57 bp	6.6 bp −$7	9.5 bp −$95	20.2 bp −$2,015	48.5 bp −$24.3K

ARB on 36 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
Injective ARB/USDC PERP	−0.1675%	1h	0.2204	−0.524%	$40K	$107K	12x	as long as short
ApeX Omni ARBUSDT	−0.0762%	1h	0.2207	−0.388%	$120K	$297K	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0293%	1h	0.2210	−0.257%	$36K	$18K	25x	as long as short
01 Exchange ARBUSD	−0.0288%	1h	0.2207	−0.393%	$7K	$2K	10x	as long as short
Bybit ARBUSDTlong	−0.0252%	8h	0.2216	long leg	$57.7M	$134.7M	50x
Variational Omni ARB	−0.0192%	8h	0.2210	−0.269%	$1.9M	$2.8M	—	as long as short
SoDEX ARB-USD	−0.0175%	1h	0.2209	−0.307%	$4K	$2.9M	5x	as long as short
Polymarket Perps ARB-USD	−0.0159%	1h	0.2213	−0.113%	$69K	$2.3M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0066%	8h	0.2216	+0.014%	$22.1M	$164.4M	50x	as long as short
MEXC ARB_USDT	−0.0065%	8h	0.2213	−0.104%	$37.5M	$62.9M	200x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ARBUSD	−0.0054%	1h	0.2210	−0.241%	$1.1M	$5.2M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0006%	8h	0.2216	+0.018%	$10K	$380K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2209	−0.299%	$65K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2207	−0.371%	$351K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0001%	8h	0.2216	−0.003%	$63.1M	$325.7M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2217	+0.052%	$56K	—	150x	as long as short
BloFin ARB-USDT	+0.0017%	8h	0.2209	−0.289%	$3.0M	$3.2M	75x	as long as short
Gate ARB_USDT	+0.0026%	8h	0.2215	−0.027%	$5.5M	$21.4M	60x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2217	+0.068%	$145K	$12K	3x	as long as short
Bitget ARBUSDT	+0.0081%	8h	0.2213	−0.117%	$20.7M	$38.8M	50x	as long as short
BingX ARB-USDTshort	+0.0083%	8h	0.2215	−0.005%	—	$54.2M	—
Lighter ARB	+0.0096%	1h	0.2208	−0.325%	$1.3M	$7.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2215	−0.032%	$39.7M	$53.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2210	−0.260%	$696K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2208	−0.362%	$46K	$206K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2212	−0.167%	$20.4M	$17.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2213	−0.127%	$38K	$448K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2213	−0.113%	$470K	$4.3M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2211	−0.208%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2209	−0.298%	$271K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2210	−0.253%	$5.3M	$13.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0166%	1h	0.2216	+0.033%	$807K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2214	−0.072%	$505K	$2.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2213	−0.137%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0334%	1h	0.2212	−0.149%	$1.1M	$2.8M	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2211	−0.219%	$485K	$2.9M	10x	as long as short