Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h +0.048%
Price spread now: BingX against Bybit−0.097%7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$2942.943% of the position
Funding, last 7 days+0.365%+$37 on $10k
+Price spread, last 7 days+0.332%+$33 · spread now −0.097%, 7d avg +0.120%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.217% cheaper against Bybit than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.120%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.365%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARXUSDT | 0.2061 | 0.1290 | pay 0.0645% / 4h | 2h 08m | $4.2M | $2.3M | 20x |
| Short | BingX ARX-USDT | 0.2059 | 0.1258 | get 0.0629% / 4h | 2h 08m | — | $1.7M | — |
Bybit ARXUSDT
BingX ARX-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
- −$6.71
- Price spread: −0.097% → +0.120%
- −$21.65
- Slippage, 4 orders
- −$273.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$322.7
- Costs to cover
- 2.943%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 8 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 | 4.86 bp | 122.7 bp −$123 | 3198.6 bp −$32.0K | 77482.3 bp −$7.75M | doesn't fit |
| Sell BingX live order book, 8 min ago | 7.30 bp | 44.5 bp −$44 | 161.3 bp −$1,613 | doesn't fit | doesn't fit |
ARX on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2057 | −0.189% | $725K | $774K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2056 | −0.218% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0450% | 4h | 0.2067 | +0.291% | $1.0M | $418K | 20x | as long as short |
| MEXC ARX_USDT | +0.0634% | 4h | 0.2056 | −0.243% | $906K | $425K | 20x | as long as short |
| Binance ARXUSDT | +0.0634% | 4h | 0.2057 | −0.179% | $5.5M | $11.2M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0688% | 4h | 0.2062 | +0.049% | $751K | $3.1M | 20x | as long as short |
| Aster ARXUSDT | +0.0898% | 4h | 0.2052 | −0.413% | $78K | $96K | 10x | as long as short |
| BingX ARX-USDTshort | +0.1258% | 4h | 0.2059 | −0.097% | — | $1.7M | — | |
| Bybit ARXUSDTlong | +0.1290% | 4h | 0.2061 | long leg | $4.2M | $2.3M | 20x |
KuCoin ARXUSDTM
Bitget ARXUSDT
Gate ARX_USDT
MEXC ARX_USDT
Binance ARXUSDT
OKX ARX-USDT-SWAP
Aster ARXUSDT