Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.390%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1471.466% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.483%+$48 · spread now −0.390%, 7d avg +0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.421% cheaper against BingX than usual: you would sell low and buy high, −$42 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BICO-USDT | 0.02259 | 0.0106 | pay 0.0106% / 8h | 34m 38s | — | $1.7M | — |
| Short | Bybit BICOUSDT | 0.02250 | 0.0100 | get 0.0100% / 8h | 34m 38s | $2.4M | $3.6M | 20x |
BingX BICO-USDT
Bybit BICOUSDTFunding 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
- −$1.26
- Price spread: −0.390% → +0.031%
- −$42.07
- Slippage, 4 orders
- −$125.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$189.9
- Costs to cover
- 1.466%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Bybit: 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 BingX live order book, 12 min ago | 2.21 bp | 14.9 bp −$15 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.66 bp | 46.6 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
BICO 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 BICOUSDT | +0.0100% | 8h | 0.02249 | −0.444% | $94K | $18K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02248 | −0.471% | $4.1M | $8.5M | 20x | as long as short |
| Bybit BICOUSDTshort | +0.0100% | 8h | 0.02250 | −0.390% | $2.4M | $3.6M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02249 | −0.443% | $1.8M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02248 | −0.487% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02256 | −0.133% | $1.1M | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02249 | −0.443% | $649K | $456K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02252 | −0.301% | $16K | $5K | — | as long as short |
| BingX BICO-USDTlong | +0.0106% | 8h | 0.02259 | long leg | — | $1.7M | — | |
| Gate BICO_USDT | +0.0292% | 8h | 0.02251 | −0.354% | $403K | $306K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.4133% | 1h | 0.02263 | +0.186% | $41K | $48K | 20x | as long as short |
Kraken Futures PF_BICOUSD