Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.083%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1441.439% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.083%, 7d avg +0.058%
=The price spread pays, funding is against you. Bybit is 0.025% dearer against BingX than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of +0.058%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BAT-USDT | 0.08400 | 0.0100 | pay 0.0100% / 8h | 1h 56m | — | $1.3M | — |
| Short | Bybit BATUSDT | 0.08407 | 0.0081 | get 0.0081% / 8h | 1h 56m | $1.1M | $460K | 25x |
BingX BAT-USDT
Bybit BATUSDTFunding 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
- −$4.09
- Price spread: +0.083% → +0.058%
- $2.49
- Slippage, 4 orders
- −$122.93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$145.53
- Costs to cover
- 1.439%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 4 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, 2 min ago | 5.36 bp | 24.2 bp −$24 | 66.3 bp −$663 | 467.8 bp −$46.8K | 521.8 bp −$260.9K |
| Sell Bybit live order book, 4 min ago | 4.77 bp | 58.4 bp −$58 | 442.6 bp −$4,426 | doesn't fit | doesn't fit |
BAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSD | −0.0727% | 1h | 0.08410 | +0.119% | $117K | $15K | 10x | as long as short |
| Bybit BATUSDTshort | +0.0081% | 8h | 0.08407 | +0.083% | $1.1M | $460K | 25x | |
| BloFin BAT-USDT | +0.0093% | 8h | 0.08396 | −0.048% | $100K | $20K | 50x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08406 | +0.077% | $1.9M | $2.1M | 50x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08397 | −0.036% | $532K | $470K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08397 | −0.036% | $84K | $56K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08404 | +0.048% | $885K | $628K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08410 | +0.119% | $226K | $46K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08396 | −0.048% | $679K | $180K | 50x | as long as short |
| BingX BAT-USDTlong | +0.0100% | 8h | 0.08400 | long leg | — | $1.3M | — |
Kraken Futures PF_BATUSD
BloFin BAT-USDT
Binance BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08388 | −0.141% | $114K | $1 | — | as long as short |
Variational Omni BAT