Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.042%
Price spread now: Bybit against BingX+0.121%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.121%, 7d avg +0.018%
=The price spread pays, funding is against you. Bybit is 0.103% dearer against BingX than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.018%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000BABYDOGE-USDT | 0.0000000004144 | 0.0200 | pay 0.0100% / 4h | 1h 31m | — | $1.3M | — |
| Short | Bybit 1000000BABYDOGEUSDT | 0.0000000004149 | 0.0100 | get 0.0050% / 4h | 1h 31m | $440K | $608K | 25x |
BingX 1000000BABYDOGE-USDT
Bybit 1000000BABYDOGEUSDTFunding 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
- −$21
- Price spread: +0.121% → +0.018%
- $10.25
- Slippage, 4 orders
- −$98.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$129.85
- Costs to cover
- 1.191%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Bybit: live order book, 24 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, 14 min ago | 6.07 bp | 29.3 bp −$29 | 191.9 bp −$1,919 | 723.7 bp −$72.4K | 1083.1 bp −$541.5K |
| Sell Bybit live order book, 24 min ago | 2.42 bp | 32.8 bp −$33 | 299.9 bp −$2,999 | doesn't fit | doesn't fit |
BABYDOGE on 6 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 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004147 | +0.072% | $1.6M | $2.8M | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDTshort | +0.0100% | 4h | 0.0000000004149 | +0.121% | $440K | $608K | 25x | |
| MEXC 1000000BABYDOGE_USDT | +0.0100% | 4h | 0.0000000004147 | +0.072% | $440K | $143K | 50x | as long as short |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004141 | −0.072% | $298K | $65K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004143 | −0.024% | $1.4M | $433K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTlong | +0.0200% | 4h | 0.0000000004144 | long leg | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
MEXC 1000000BABYDOGE_USDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT