Funding you earn now, next payment 04:00 UTC−0.0616%/8h= −67.5% APRnext payment −$3.08 per $10,000 · paid last 24h −0.053%
Price spread now: Bybit against BingX+0.137%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$985as in the Funding arb table
Net, price: spread back to 7d avg − costs−$967as in the Price arb table
costs, in and out, $10k−$9819.810% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.137%, 7d avg −0.005%
=The price spread pays, funding is against you. Bybit is 0.142% dearer against BingX than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of −0.005%): +$14 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.042% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.08 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 | BingX ASR-USDT | 0.8760 | 0.0718 | pay 0.0359% / 4h | 1h 17m | — | $1.2M | — |
| Short | Bybit ASRUSDT | 0.8772 | 0.0102 | get 0.0051% / 4h | 1h 17m | $137K | $76K | 25x |
BingX ASR-USDT
Bybit ASRUSDTFunding 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
- −$129.42
- Price spread: +0.137% → −0.005%
- $14.2
- Slippage, 4 orders
- −$960.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,096.24
- Costs to cover
- 9.810%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 28 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, 3 min ago | 4.57 bp | 26.8 bp −$27 | 309.0 bp −$3,090 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 28 min ago | 5.73 bp | 268.0 bp −$268 | doesn't fit | doesn't fit | doesn't fit |
ASR 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 ASR_USDT | +0.0100% | 4h | 0.8740 | −0.228% | $29K | $7K | 20x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8750 | −0.114% | $197K | $72K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8769 | +0.107% | $4K | $6K | — | as long as short |
| Bybit ASRUSDTshort | +0.0102% | 4h | 0.8772 | +0.137% | $137K | $76K | 25x | |
| KuCoin ASRUSDTM | +0.0140% | 4h | 0.8740 | −0.228% | $189K | $46K | 10x | as long as short |
| BingX ASR-USDTlong | +0.0718% | 4h | 0.8760 | long leg | — | $1.2M | — | |
| MEXC ASR_USDT | +0.0770% | 4h | 0.8755 | −0.057% | $646K | $95K | 50x | as long as short |
| Binance ASRUSDT | +0.0771% | 4h | 0.8757 | −0.032% | $1.9M | $769K | 10x | as long as short |
Gate ASR_USDT
Bitget ASRUSDT
Variational Omni ASR
KuCoin ASRUSDTM
MEXC ASR_USDT
Binance ASRUSDT