Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRnext payment +$1.18 per $10,000 · paid last 24h +0.111%
Price spread now: BingX against Bybit+0.054%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3313.306% of the position
Funding, last 7 days+0.296%+$30 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now +0.054%, 7d avg +0.136%
=Funding pays, the price is against you. BingX is 0.083% cheaper against Bybit than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.136%). If the spread goes back, that is −$8 on $10k: about 28 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BUSDT | 0.2040 | 0.0874 | pay 0.0437% / 4h | 2h 54m | $1.7M | $962K | 13x |
| Short | BingX B-USDT | 0.2041 | 0.1110 | get 0.0555% / 4h | 2h 54m | — | $1.3M | — |
Bybit BUSDT
BingX B-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
- $49.51
- Price spread: +0.054% → +0.136%
- −$8.26
- Slippage, 4 orders
- −$309.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$289.35
- Costs to cover
- 3.306%
- Break-even
- 47.9 days
Slippage from Bybit: live order book, 2 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, 2 min ago | 6.11 bp | 58.8 bp −$59 | 2868.8 bp −$28.7K | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 31.70 bp | 59.4 bp −$59 | 129.4 bp −$1,294 | 807.1 bp −$80.7K | 1247.3 bp −$623.6K |
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 | +0.0162% | 4h | 0.2039 | −0.044% | $3.5M | $615K | 20x | as long as short |
| KuCoin BUSDTM | +0.0722% | 4h | 0.2043 | +0.147% | $1.9M | $72K | 10x | as long as short |
| BloFin B-USDT | +0.0736% | 4h | 0.2047 | +0.348% | $603K | $40K | 20x | as long as short |
| edgeX BUSDC | +0.0778% | 4h | 0.2054 | +0.691% | $3K | $389K | 5x | as long as short |
| Extended B-USD | +0.0784% | 1h | 0.2042 | +0.096% | $15K | $222K | 5x | as long as short |
| MEXC B_USDT | +0.0786% | 4h | 0.2041 | +0.054% | $989K | $354K | 100x | as long as short |
| Binance BUSDT | +0.0786% | 4h | 0.2042 | +0.106% | $11.8M | $2.0M | 20x | as long as short |
| Bybit BUSDTlong | +0.0874% | 4h | 0.2040 | long leg | $1.7M | $962K | 13x | |
| BingX B-USDTshort | +0.1110% | 4h | 0.2041 | +0.054% | — | $1.3M | — | |
| Bitget BUSDT | +0.1140% | 4h | 0.2042 | +0.103% | $2.8M | $246K | 10x | as long as short |
Gate B_USDT
KuCoin BUSDTM
BloFin B-USDT
edgeX BUSDC
Extended B-USD
MEXC B_USDT
Binance BUSDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1529% | 4h | 0.2043 | +0.159% | $1.9M | $213K | 5x | as long as short |
Aster BUSDT