Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.038%
Price spread now: Bybit against BingX−0.058%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2172.169% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.058%, 7d avg −0.076%
=The price spread sits at its 7-day average of −0.076%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BIRB-USDT | 0.06901 | 0.1636 | pay 0.0818% / 4h | 2h 32m | — | $738K | — |
| Short | Bybit BIRBUSDT | 0.06897 | 0.1690 | get 0.0845% / 4h | 2h 32m | $643K | $477K | 25x |
BingX BIRB-USDT
Bybit BIRBUSDTFunding 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
- $11.31
- Price spread: −0.058% → −0.076%
- $1.84
- Slippage, 4 orders
- −$195.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$203.71
- Costs to cover
- 2.169%
- Break-even
- 133.0 days
Slippage from BingX: live order book, 42 min ago; Bybit: live order book, 28 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, 42 min ago | 10.79 bp | 35.6 bp −$36 | 113.4 bp −$1,134 | 1207.3 bp −$120.7K | 1452.3 bp −$726.1K |
| Sell Bybit live order book, 28 min ago | 6.56 bp | 65.3 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
BIRB on 8 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 BIRBUSDT | +0.0100% | 4h | 0.06951 | +0.725% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06922 | +0.303% | $1.3M | $1.8M | 50x | as long as short |
| Gate BIRB_USDT | +0.0100% | 4h | 0.06921 | +0.290% | $57K | $60K | 20x | as long as short |
| MEXC BIRB_USDT | +0.0100% | 4h | 0.06915 | +0.203% | $141K | $102K | 50x | as long as short |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06938 | +0.536% | $72K | $38K | 20x | as long as short |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06917 | +0.232% | $435K | $190K | 20x | as long as short |
| BingX BIRB-USDTlong | +0.1636% | 4h | 0.06901 | long leg | — | $738K | — | |
| Bybit BIRBUSDTshort | +0.1690% | 4h | 0.06897 | −0.058% | $643K | $477K | 25x |
Aster BIRBUSDT
Binance BIRBUSDT
Gate BIRB_USDT
MEXC BIRB_USDT
KuCoin BIRBUSDTM
Bitget BIRBUSDT