Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h −0.012%
Price spread now: Bybit against BingX−0.442%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1301.295% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.714%+$71 · spread now −0.442%, 7d avg −0.026%
=Funding pays, the price is against you. Bybit is 0.416% cheaper against BingX than usual: you would sell low and buy high (spread −0.442% now, against its 7-day average of −0.026%). If the spread goes back, that is −$42 on $10k: about 16 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.053% in total) that is about 55 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARK-USDT | 0.1539 | 0.3000 | pay 0.1500% / 4h | 1h 56m | — | $2.4M | — |
| Short | Bybit ARKUSDT | 0.1532 | 0.3086 | get 0.1543% / 4h | 1h 56m | $1.3M | $992K | 25x |
BingX ARK-USDT
Bybit ARKUSDTFunding 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
- $18.09
- Price spread: −0.442% → −0.026%
- −$41.59
- Slippage, 4 orders
- −$108.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$153.04
- Costs to cover
- 1.295%
- Break-even
- 66.2 days
Slippage from BingX: live order book, 7 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, 7 min ago | 6.51 bp | 32.9 bp −$33 | 73.2 bp −$732 | 425.6 bp −$42.6K | 490.1 bp −$245.0K |
| Sell Bybit live order book, 4 min ago | 1.63 bp | 31.5 bp −$32 | 326.1 bp −$3,261 | doesn't fit | doesn't fit |
ARK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDT | −0.0515% | 8h | 0.1541 | +0.130% | $191K | $118K | 25x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1544 | +0.329% | $3.5M | $3.8M | 40x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1544 | +0.325% | $508K | $165K | 20x | as long as short |
| KuCoin ARKUSDTM | +0.0100% | 4h | 0.1541 | +0.130% | $780K | $38K | 30x | as long as short |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1543 | +0.260% | $388K | $279K | 25x | as long as short |
| BingX ARK-USDTlong | +0.3000% | 4h | 0.1539 | long leg | — | $2.4M | — | |
| Bybit ARKUSDTshort | +0.3086% | 4h | 0.1532 | −0.442% | $1.3M | $992K | 25x | |
| Variational Omni ARK | +0.4439% | 4h | 0.1530 | −0.573% | $18K | $16K | — | as long as short |
Gate ARK_USDT
Binance ARKUSDT
MEXC ARK_USDT
KuCoin ARKUSDTM
Bitget ARKUSDT
Variational Omni ARK