Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.036%
Price spread now: BingX against Bybit−0.176%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3073.073% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.176%, 7d avg −0.048%
=Funding pays, the price is against you. BingX is 0.127% cheaper against Bybit than usual: you would sell low and buy high (spread −0.176% now, against its 7-day average of −0.048%). If the spread goes back, that is −$13 on $10k: about 6.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.054% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BBUSDT | 0.009116 | 0.0752 | pay 0.0376% / 4h | 1h 45m | $687K | $803K | 25x |
| Short | BingX BB-USDT | 0.009100 | 0.0814 | get 0.0407% / 4h | 1h 45m | — | $1.3M | — |
Bybit BBUSDT
BingX BB-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
- $13.05
- Price spread: −0.176% → −0.048%
- −$12.74
- Slippage, 4 orders
- −$286.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$306.96
- Costs to cover
- 3.073%
- Break-even
- 171.6 days
Slippage from Bybit: live order book, 15 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, 15 min ago | 5.50 bp | 115.2 bp −$115 | 651.0 bp −$6,510 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 8.25 bp | 40.2 bp −$40 | 115.9 bp −$1,159 | 528.3 bp −$52.8K | doesn't fit |
BB on 9 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 BBUSDT | +0.0100% | 4h | 0.009097 | −0.209% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009102 | −0.154% | $3.3M | $6.9M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009100 | −0.176% | $132K | $220K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009104 | −0.132% | $1.4M | $570K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009100 | −0.176% | $446K | $90K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009100 | −0.176% | $327K | $482K | 50x | as long as short |
| Bybit BBUSDTlong | +0.0752% | 4h | 0.009116 | long leg | $687K | $803K | 25x | |
| BingX BB-USDTshort | +0.0814% | 4h | 0.009100 | −0.176% | — | $1.3M | — | |
| Kraken Futures PF_BBUSD | +0.1967% | 1h | 0.009112 | −0.039% | $21K | $3K | 10x | as long as short |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
Kraken Futures PF_BBUSD