Funding you earn now, next payment 00:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.32 per $10,000 · paid last 24h −0.120%
Price spread now: Bybit against BingX−0.139%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$428as in the Funding arb table
Net, price: spread back to 7d avg − costs−$401as in the Price arb table
costs, in and out, $10k−$4004.004% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now −0.139%, 7d avg −0.137%
=The price spread sits at its 7-day average of −0.137%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B-USDT | 0.2021 | 0.1022 | pay 0.0511% / 4h | 1h 56m | — | $1.2M | — |
| Short | Bybit BUSDT | 0.2018 | 0.0959 | get 0.0479% / 4h | 1h 56m | $1.7M | $946K | 13x |
BingX B-USDT
Bybit BUSDTFunding 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
- −$13.31
- Price spread: −0.139% → −0.137%
- −$0.15
- Slippage, 4 orders
- −$379.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$413.87
- Costs to cover
- 4.004%
- Break-even
- never at this rate
Slippage from BingX: live order book, 18 min ago; Bybit: 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 BingX live order book, 18 min ago | 34.50 bp | 57.9 bp −$58 | 231.3 bp −$2,313 | 862.1 bp −$86.2K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.99 bp | 138.1 bp −$138 | 919.7 bp −$9,197 | doesn't fit | doesn't fit |
B on 11 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 B_USDT | +0.0100% | 4h | 0.2017 | −0.198% | $3.4M | $583K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2017 | −0.183% | $1.9M | $71K | 10x | as long as short |
| MEXC B_USDT | +0.0868% | 4h | 0.2020 | −0.049% | $968K | $346K | 100x | as long as short |
| Binance BUSDT | +0.0872% | 4h | 0.2021 | −0.002% | $11.7M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0872% | 1h | 0.2020 | −0.032% | $15K | $117K | 5x | as long as short |
| edgeX BUSDC | +0.0875% | 4h | 0.2021 | −0.024% | $3K | $389K | 5x | as long as short |
| BloFin B-USDT | +0.0917% | 4h | 0.2021 | 0.000% | $594K | $39K | 20x | as long as short |
| Bybit BUSDTshort | +0.0959% | 4h | 0.2018 | −0.139% | $1.7M | $946K | 13x | |
| BingX B-USDTlong | +0.1022% | 4h | 0.2021 | long leg | — | $1.2M | — | |
| Bitget BUSDT | +0.1088% | 4h | 0.2020 | −0.049% | $2.7M | $230K | 10x | as long as short |
Gate B_USDT
KuCoin BUSDTM
MEXC B_USDT
Binance BUSDT
Extended B-USD
edgeX BUSDC
BloFin B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1343% | 4h | 0.2021 | +0.014% | $1.9M | $204K | 5x | as long as short |
Aster BUSDT