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: BingX against Bybit−0.169%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
Funding, last 7 days+0.354%+$35 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.169%, 7d avg −0.018%
=Funding pays, the price is against you. BingX is 0.151% cheaper against Bybit than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of −0.018%). If the spread goes back, that is −$15 on $10k: about 5.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000000BABYDOGEUSDT | 0.0000000004145 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $452K | $614K | 25x |
| Short | BingX 1000000BABYDOGE-USDT | 0.0000000004138 | 0.0200 | get 0.0100% / 4h | 1h 10m | — | $1.3M | — |
Bybit 1000000BABYDOGEUSDT
BingX 1000000BABYDOGE-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
- $21
- Price spread: −0.169% → −0.018%
- −$15.07
- Slippage, 4 orders
- −$95.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$110.34
- Costs to cover
- 1.163%
- Break-even
- 43.8 days
Slippage from Bybit: live order book, 45 min ago; BingX: live order book, 1 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, 45 min ago | 2.42 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 4.82 bp | 31.6 bp −$32 | 204.7 bp −$2,047 | 760.3 bp −$76.0K | 959.3 bp −$479.7K |
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 | 0.0000000004142 | −0.082% | $1.6M | $2.8M | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDTlong | +0.0100% | 4h | 0.0000000004145 | long leg | $452K | $614K | 25x | |
| MEXC 1000000BABYDOGE_USDT | +0.0100% | 4h | 0.0000000004144 | −0.024% | $440K | $144K | 50x | as long as short |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004143 | −0.048% | $298K | $65K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004141 | −0.097% | $1.4M | $435K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTshort | +0.0200% | 4h | 0.0000000004138 | −0.169% | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
MEXC 1000000BABYDOGE_USDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT