Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h −0.049%
Price spread now: Bybit against BingX−0.098%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$594as in the Funding arb table
Net, price: spread back to 7d avg − costs−$555as in the Price arb table
costs, in and out, $10k−$5575.574% of the position
Funding, last 7 days−0.365%−$36 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now −0.098%, 7d avg −0.123%
=The price spread pays, funding is against you. Bybit is 0.025% dearer against BingX than usual: you sell high and buy low (spread −0.098% now, against its 7-day average of −0.123%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.365% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2031 | 0.0506 | pay 0.0253% / 4h | 2h 16m | — | $1.7M | — |
| Short | Bybit ARXUSDT | 0.2029 | 0.0473 | get 0.0237% / 4h | 2h 16m | $4.0M | $2.3M | 20x |
BingX ARX-USDT
Bybit ARXUSDTFunding 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
- −$6.9
- Price spread: −0.098% → −0.123%
- $2.47
- Slippage, 4 orders
- −$536.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$561.82
- Costs to cover
- 5.574%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 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, 11 min ago | 7.42 bp | 42.8 bp −$43 | 235.9 bp −$2,359 | 1248.2 bp −$124.8K | 1433.6 bp −$716.8K |
| Sell Bybit live order book, 1 min ago | 2.46 bp | 203.6 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 ARX_USDT | +0.0100% | 4h | 0.2033 | +0.098% | $1.0M | $428K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2032 | +0.049% | $1.9M | $1.7M | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0192% | 4h | 0.2030 | −0.069% | $732K | $651K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0215% | 4h | 0.2030 | −0.049% | $720K | $2.9M | 20x | as long as short |
| BloFin ARX-USDT | +0.0243% | 4h | 0.2029 | −0.098% | $237K | $51K | 20x | as long as short |
| Binance ARXUSDT | +0.0459% | 4h | 0.2030 | −0.049% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0470% | 4h | 0.2028 | −0.148% | $885K | $401K | 20x | as long as short |
| Bybit ARXUSDTshort | +0.0473% | 4h | 0.2029 | −0.098% | $4.0M | $2.3M | 20x | |
| BingX ARX-USDTlong | +0.0506% | 4h | 0.2031 | long leg | — | $1.7M | — | |
| Aster ARXUSDT | +0.0779% | 4h | 0.2030 | −0.044% | $102K | $72K | 10x | as long as short |
Gate ARX_USDT
Bitget ARXUSDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
BloFin ARX-USDT
Binance ARXUSDT
MEXC ARX_USDT
Aster ARXUSDT