Funding arb · Price arb /

BIGTIME

all BIGTIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bybit−0.012%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1071.065% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.012%, 7d avg −0.044%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BIGTIMEUSDT	0.008214	0.0100	pay 0.0050% / 4h	2h 41m	$699K	$653K	25x
Short	BingX BIGTIME-USDT	0.008213	0.0100	get 0.0050% / 4h	2h 41m	—	$2.3M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BingXbpOrdersPrice spread, now −0.012%Rate

Funding earned: $0
Price spread: −0.012% → −0.044%: $3.15
Slippage, 4 orders: −$85.53
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$103.38
Costs to cover: 1.065%
Break-even: never at this rate

Slippage from Bybit: live order book, 64 min ago; BingX: live order book, 2 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, 64 min ago	2.40 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	4.25 bp	17.5 bp −$18	44.2 bp −$442	359.1 bp −$35.9K	431.9 bp −$216.0K

BIGTIME 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 BIGTIME-USDT	+0.0044%	4h	0.008257	+0.523%	$70K	$10K	50x	as long as short
Hyperliquid BIGTIME	+0.0100%	1h	0.008219	+0.061%	$126K	$94K	3x	as long as short
Binance BIGTIMEUSDT	+0.0100%	4h	0.008215	+0.018%	$1.8M	$2.2M	50x	as long as short
Bybit BIGTIMEUSDTlong	+0.0100%	4h	0.008214	long leg	$699K	$653K	25x
OKX BIGTIME-USDT-SWAP	+0.0100%	4h	0.008221	+0.085%	$432K	$349K	10x	as long as short
Gate BIGTIME_USDT	+0.0100%	4h	0.008230	+0.195%	$60K	$32K	50x	as long as short
MEXC BIGTIME_USDT	+0.0100%	4h	0.008211	−0.037%	$458K	$181K	125x	as long as short
KuCoin BIGTIMEUSDTM	+0.0100%	4h	0.008225	+0.134%	$235K	$30K	20x	as long as short
Bitget BIGTIMEUSDT	+0.0100%	4h	0.008226	+0.146%	$550K	$228K	50x	as long as short
BingX BIGTIME-USDTshort	+0.0100%	4h	0.008213	−0.012%	—	$2.3M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BIGTIME	+0.0100%	4h	0.008253	+0.469%	$10K	$555	—	as long as short
Kraken Futures PF_BIGTIMEUSD	+3.9902%	1h	0.008264	+0.612%	$8K	$7K	10x	as long as short