Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against Bybit+0.044%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2502.501% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days−0.105%−$10 · spread now +0.044%, 7d avg −0.074%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.118% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BARDUSDT | 0.1361 | 0.0006 | pay 0.0003% / 4h | 2h 42m | $1.0M | $353K | 25x |
| Short | BingX BARD-USDT | 0.1362 | 0.0041 | get 0.0020% / 4h | 2h 42m | — | $6.5M | — |
Bybit BARDUSDT
BingX BARD-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
- $7.39
- Price spread: +0.044% → −0.074%
- $11.76
- Slippage, 4 orders
- −$229.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$230.96
- Costs to cover
- 2.501%
- Break-even
- 225.8 days
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 3 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, 3 min ago | 3.66 bp | 112.1 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.33 bp | 31.2 bp −$31 | 113.4 bp −$1,134 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BARDUSDTlong | +0.0006% | 4h | 0.1361 | long leg | $1.0M | $353K | 25x | |
| GRVT BARD_USDT_Perp | +0.0016% | 4h | 0.1365 | +0.297% | $141K | $520K | 10x | as long as short |
| BingX BARD-USDTshort | +0.0041% | 4h | 0.1362 | +0.044% | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1364 | +0.206% | $18K | $15K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1361 | −0.026% | $2.2M | $1.7M | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1360 | −0.103% | $717K | $913K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1363 | +0.118% | $191K | $30K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1360 | −0.103% | $712K | $177K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1363 | +0.125% | $104K | $56K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1364 | +0.191% | $1.0M | $107K | 20x | as long as short |
GRVT BARD_USDT_Perp
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 | 0.1365 | +0.269% | $12K | $1 | — | as long as short |
| BloFin BARD-USDT | +0.0127% | 4h | 0.1364 | +0.191% | $118K | $5K | 25x | as long as short |
Variational Omni BARD
BloFin BARD-USDT