Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against BingX−0.031%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$463as in the Price arb table
costs, in and out, $10k−$4594.590% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.031%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.043% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AT-USDT | 0.1610 | 0.0268 | pay 0.0134% / 4h | 1h 19m | — | $6.5M | — |
| Short | Bybit ATUSDT | 0.1610 | 0.0251 | get 0.0125% / 4h | 1h 19m | $514K | $956K | 25x |
BingX AT-USDT
Bybit ATUSDTFunding 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
- −$3.62
- Price spread: −0.031% → +0.012%
- −$4.3
- Slippage, 4 orders
- −$437.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$466.88
- Costs to cover
- 4.590%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 40 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, 6 min ago | 9.36 bp | 34.7 bp −$35 | 137.4 bp −$1,374 | 1183.6 bp −$118.4K | 1438.9 bp −$719.5K |
| Sell Bybit live order book, 40 min ago | 7.44 bp | 214.5 bp −$215 | doesn't fit | doesn't fit | doesn't fit |
AT 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ATUSDT | +0.0100% | 4h | 0.1608 | −0.124% | $8.8M | $3.4M | 50x | as long as short |
| Gate AT_USDT | +0.0100% | 4h | 0.1606 | −0.273% | $160K | $193K | 20x | as long as short |
| MEXC AT_USDT | +0.0100% | 4h | 0.1607 | −0.186% | $216K | $164K | 50x | as long as short |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1603 | −0.435% | $277K | $146K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1602 | −0.497% | $704K | $158K | 50x | as long as short |
| BloFin AT-USDT | +0.0103% | 4h | 0.1602 | −0.497% | $375K | $8K | 50x | as long as short |
| OKX AT-USDT-SWAP | +0.0110% | 4h | 0.1613 | +0.186% | $225K | $517K | 20x | as long as short |
| Aster ATUSDT | +0.0165% | 4h | 0.1608 | −0.139% | $32K | $12K | 5x | as long as short |
| Bybit ATUSDTshort | +0.0251% | 4h | 0.1610 | −0.031% | $514K | $956K | 25x | |
| BingX AT-USDTlong | +0.0268% | 4h | 0.1610 | long leg | — | $6.5M | — |
Binance ATUSDT
Gate AT_USDT
MEXC AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
BloFin AT-USDT
OKX AT-USDT-SWAP
Aster ATUSDT