Funding you earn now, next payment 00:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.87 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against BingX−0.028%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$830.832% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.028%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$5 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 +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BANK-USDT | 0.03525 | 0.0274 | pay 0.0137% / 4h | 1h 11m | — | $6.9M | — |
| Short | Bybit BANKUSDT | 0.03524 | 0.0100 | get 0.0050% / 4h | 1h 11m | $2.9M | $6.8M | 20x |
BingX BANK-USDT
Bybit BANKUSDTFunding 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
- −$36.54
- Price spread: −0.028% → +0.015%
- −$4.33
- Slippage, 4 orders
- −$62.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$124.05
- Costs to cover
- 0.832%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 2 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 | 2.84 bp | 11.7 bp −$12 | 41.8 bp −$418 | 520.5 bp −$52.0K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.42 bp | 33.5 bp −$33 | 270.3 bp −$2,703 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03523 | −0.045% | $56K | $121K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03523 | −0.063% | $8.0M | $33.1M | 50x | as long as short |
| Bybit BANKUSDTshort | +0.0100% | 4h | 0.03524 | −0.028% | $2.9M | $6.8M | 20x | |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03522 | −0.085% | $2.6M | $637K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03522 | −0.085% | $1.2M | $196K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03525 | 0.000% | $36K | $284K | 20x | as long as short |
| edgeX BANKUSDC | +0.0115% | 4h | 0.03529 | +0.101% | $1K | $241K | 5x | as long as short |
| BingX BANK-USDTlong | +0.0274% | 4h | 0.03525 | long leg | — | $6.9M | — | |
| Bitget BANKUSDT | +0.0286% | 4h | 0.03528 | +0.085% | $2.8M | $3.4M | 25x | as long as short |
| BloFin BANK-USDT | +0.0340% | 4h | 0.03530 | +0.142% | $453K | $164K | 50x | as long as short |
Aster BANKUSDT
Binance BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
Bitget BANKUSDT
BloFin BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BANK_USDT | +0.0696% | 4h | 0.03526 | +0.028% | $718K | $1.5M | 10x | as long as short |
Gate BANK_USDT