Funding you earn now, next payment 04:00 UTC+0.0174%/8h= +19.1% APRnext payment +$0.87 per $10,000 · paid last 24h +0.050%
Price spread now: BingX against Bybit+0.145%7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1881.885% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 7 days+0.065%+$7 · spread now +0.145%, 7d avg +0.145%
=The price spread sits at its 7-day average of +0.145%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BILLUSDT | 0.01381 | 0.0100 | pay 0.0050% / 4h | 29m 33s | $1.3M | $996K | 20x |
| Short | BingX BILL-USDT | 0.01383 | 0.0274 | get 0.0137% / 4h | 29m 33s | — | $1.7M | — |
Bybit BILLUSDT
BingX BILL-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
- $36.62
- Price spread: +0.145% → +0.145%
- −$0.04
- Slippage, 4 orders
- −$167.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$151.9
- Costs to cover
- 1.885%
- Break-even
- 36.0 days
Slippage from Bybit: live order book, 1 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, 1 min ago | 7.25 bp | 75.7 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.24 bp | 29.2 bp −$29 | 119.2 bp −$1,192 | 968.7 bp −$96.9K | 1390.6 bp −$695.3K |
BILL on 16 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 BILLUSDTlong | +0.0100% | 4h | 0.01381 | long leg | $1.3M | $996K | 20x | |
| Gate BILL_USDT | +0.0100% | 4h | 0.01383 | +0.145% | $278K | $86K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01381 | 0.000% | $646K | $1.1M | 20x | as long as short |
| Backpack BILL_USDC_PERP | +0.0100% | 1h | 0.01381 | 0.000% | $21K | $951 | 5x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01384 | +0.217% | $2K | $1.1M | 20x | as long as short |
| HTX BILL-USDT | +0.0100% | 4h | 0.01379 | −0.145% | $11K | $39K | 20x | as long as short |
| BloFin BILL-USDT | +0.0115% | 4h | 0.01376 | −0.362% | $146K | $19K | 20x | as long as short |
| OKX BILL-USDT-SWAP | +0.0131% | 4h | 0.01384 | +0.217% | $1.1M | $2.8M | 20x | as long as short |
| Aster BILLUSDT | +0.0155% | 4h | 0.01383 | +0.173% | $2K | $4K | 5x | as long as short |
| BingX BILL-USDTshort | +0.0274% | 4h | 0.01383 | +0.145% | — | $1.7M | — |
Gate BILL_USDT
Bitget BILLUSDT
Backpack BILL_USDC_PERP
SunX BILL-USDT
HTX BILL-USDT
BloFin BILL-USDT
OKX BILL-USDT-SWAP
Aster BILLUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BILL_USDT | +0.0284% | 4h | 0.01383 | +0.145% | $1.1M | $341K | 50x | as long as short |
| Binance BILLUSDT | +0.0286% | 4h | 0.01385 | +0.262% | $2.5M | $3.9M | 20x | as long as short |
| Extended BILL-USD | +0.0288% | 1h | 0.01384 | +0.191% | $2K | $220K | 5x | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0688% | 1h | 0.01381 | +0.036% | $66K | $72K | 50x | as long as short |
| KuCoin BILLUSDTM | +0.1352% | 4h | 0.01384 | +0.203% | $460K | $315K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.2069% | 1h | 0.01383 | +0.159% | $108K | $14K | 10x | as long as short |
MEXC BILL_USDT
Binance BILLUSDT
Extended BILL-USD
Coinbase International BILL-PERP-INTX
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL