Funding you earn now, next payment 08:00 UTC+0.0635%/8h= +69.5% APRnext payment +$3.18 per $10,000 · paid last 24h +0.090%
Price spread now: BingX against Bybit−0.069%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,072as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,087as in the Price arb table
costs, in and out, $10k−$1,07910.794% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.069%, 7d avg +0.004%
=Funding pays, the price is against you. BingX is 0.072% cheaper against Bybit than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.004%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.078% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.18 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 ASRUSDT | 0.8754 | 0.0102 | pay 0.0051% / 4h | 1h 07m | $141K | $83K | 25x |
| Short | BingX ASR-USDT | 0.8748 | 0.0737 | get 0.0368% / 4h | 1h 07m | — | $1.2M | — |
Bybit ASRUSDT
BingX ASR-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
- $133.37
- Price spread: −0.069% → +0.004%
- −$7.25
- Slippage, 4 orders
- −$1,058.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$953.28
- Costs to cover
- 10.794%
- Break-even
- 57.0 days
Slippage from Bybit: live order book, 17 min ago; BingX: live order book, 5 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, 17 min ago | 5.72 bp | 722.6 bp −$723 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.28 bp | 36.6 bp −$37 | 145.8 bp −$1,458 | 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 | 0.8710 | −0.503% | $30K | $7K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8740 | −0.160% | $188K | $41K | 10x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8760 | +0.069% | $197K | $72K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8754 | −0.001% | $4K | $6K | — | as long as short |
| Bybit ASRUSDTlong | +0.0102% | 4h | 0.8754 | long leg | $141K | $83K | 25x | |
| BingX ASR-USDTshort | +0.0737% | 4h | 0.8748 | −0.069% | — | $1.2M | — | |
| Binance ASRUSDT | +0.0782% | 4h | 0.8745 | −0.098% | $1.9M | $836K | 10x | as long as short |
| MEXC ASR_USDT | +0.0784% | 4h | 0.8746 | −0.091% | $645K | $95K | 50x | as long as short |
Gate ASR_USDT
KuCoin ASRUSDTM
Bitget ASRUSDT
Variational Omni ASR
Binance ASRUSDT
MEXC ASR_USDT