Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against BingX−0.007%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2482.484% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.007%, 7d avg +0.073%
=Funding pays, the price is against you. Bybit is 0.081% cheaper against BingX than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.073%). If the spread goes back, that is −$8 on $10k: about 25 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BARD-USDT | 0.1352 | 0.0068 | pay 0.0034% / 4h | 1h 15m | — | $6.5M | — |
| Short | Bybit BARDUSDT | 0.1352 | 0.0079 | get 0.0039% / 4h | 1h 15m | $1.0M | $309K | 25x |
BingX BARD-USDT
Bybit BARDUSDTFunding 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
- $2.22
- Price spread: −0.007% → +0.073%
- −$8.07
- Slippage, 4 orders
- −$227.37
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$254.21
- Costs to cover
- 2.484%
- Break-even
- 809.4 days
Slippage from BingX: live order book, 10 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, 10 min ago | 7.40 bp | 24.2 bp −$24 | 115.6 bp −$1,156 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.70 bp | 77.0 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BARD-USDT | +0.0042% | 4h | 0.1350 | −0.148% | $119K | $5K | 25x | as long as short |
| BingX BARD-USDTlong | +0.0068% | 4h | 0.1352 | long leg | — | $6.5M | — | |
| Bybit BARDUSDTshort | +0.0079% | 4h | 0.1352 | −0.007% | $1.0M | $309K | 25x | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1352 | +0.036% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1352 | +0.034% | $2.2M | $1.8M | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1351 | −0.074% | $711K | $953K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1351 | −0.074% | $191K | $44K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1352 | 0.000% | $715K | $145K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1351 | −0.067% | $97K | $69K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1352 | 0.000% | $1.0M | $175K | 20x | as long as short |
BloFin BARD-USDT
Aster BARDUSDT
Binance BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BARD | +0.0100% | 4h | 0.1352 | −0.001% | $12K | $252 | — | as long as short |
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1352 | −0.025% | $136K | $521K | 10x | as long as short |
Variational Omni BARD
GRVT BARD_USDT_Perp