Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against BingX−0.058%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.058%, 7d avg −0.109%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.051% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BR-USDT | 1.1035 | 0.0080 | pay 0.0040% / 4h | 1h 01m | — | $6.3M | — |
| Short | Bybit BRUSDT | 1.1029 | 0.0100 | get 0.0050% / 4h | 1h 01m | $10.7M | $25.8M | 5x |
BingX BR-USDT
Bybit BRUSDTFunding 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
- $4.2
- Price spread: −0.058% → −0.109%
- $5.1
- Slippage, 4 orders
- −$56.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$67.79
- Costs to cover
- 0.771%
- Break-even
- 120.0 days
Slippage from BingX: live order book, 13 min ago; Bybit: 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 BingX live order book, 13 min ago | 1.40 bp | 16.0 bp −$16 | 59.9 bp −$599 | 629.8 bp −$63.0K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.58 bp | 23.6 bp −$24 | 102.8 bp −$1,028 | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTlong | +0.0080% | 4h | 1.1035 | long leg | — | $6.3M | — | |
| Bybit BRUSDTshort | +0.0100% | 4h | 1.1029 | −0.058% | $10.7M | $25.8M | 5x | |
| Gate BR_USDT | +0.0100% | 4h | 1.1032 | −0.027% | $7.4M | $8.7M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1041 | +0.054% | $262K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1042 | +0.063% | — | $693K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1087 | +0.465% | $85K | $238K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0208% | 4h | 1.1041 | +0.050% | $4.9M | $5.4M | 30x | as long as short |
| Aster BRUSDT | +0.0503% | 4h | 1.1039 | +0.032% | $723K | $2.7M | 5x | as long as short |
| Bitget BRUSDT | +0.0618% | 4h | 1.1042 | +0.057% | $8.1M | $12.6M | 10x | as long as short |
| Binance BRUSDT | +0.1261% | 4h | 1.1052 | +0.154% | $53.0M | $162.5M | 25x | as long as short |
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Bitget BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1262% | 4h | 1.1056 | +0.185% | $15.3M | $7.5M | 100x | as long as short |
MEXC BR_USDT