Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.128%
Price spread now: BingX against Bybit+0.228%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2742.736% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−0.115%−$11 · spread now +0.228%, 7d avg +0.129%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.100% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.129%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTWUSDT | 0.8409 | 0.2033 | pay 0.1017% / 4h | 2h 56m | $16.9M | $33.3M | 10x |
| Short | BingX BTW-USDT | 0.8428 | 0.2038 | get 0.1019% / 4h | 2h 56m | — | $4.3M | — |
Bybit BTWUSDT
BingX BTW-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
- $0.96
- Price spread: +0.228% → +0.129%
- $9.95
- Slippage, 4 orders
- −$252.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$262.71
- Costs to cover
- 2.736%
- Break-even
- 1927.4 days
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 9 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, 3 min ago | 11.92 bp | 113.6 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 8.46 bp | 26.5 bp −$27 | 145.8 bp −$1,458 | 714.4 bp −$71.4K | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8392 | −0.202% | $204K | $758K | 10x | as long as short |
| Gate BTW_USDT | +0.0866% | 4h | 0.8405 | −0.046% | $3.7M | $14.2M | 10x | as long as short |
| Aster BTWUSDT | +0.1291% | 4h | 0.8415 | +0.077% | $2.3M | $2.5M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.1438% | 4h | 0.8387 | −0.260% | $7.6M | $4.4M | 10x | as long as short |
| Bitget BTWUSDT | +0.1650% | 4h | 0.8437 | +0.337% | $26.7M | $12.0M | 5x | as long as short |
| Binance BTWUSDT | +0.1925% | 4h | 0.8411 | +0.026% | $117.9M | $150.7M | 10x | as long as short |
| Extended BTW-USD | +0.1928% | 1h | 0.8402 | −0.080% | $40K | $13K | 5x | as long as short |
| MEXC BTW_USDT | +0.1928% | 4h | 0.8448 | +0.466% | $11.6M | $5.7M | 20x | as long as short |
| edgeX BTWUSDC | +0.1947% | 4h | 0.8320 | −1.053% | $343K | $484K | 10x | as long as short |
| Bybit BTWUSDTlong | +0.2033% | 4h | 0.8409 | long leg | $16.9M | $33.3M | 10x |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Binance BTWUSDT
Extended BTW-USD
MEXC BTW_USDT
edgeX BTWUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDTshort | +0.2038% | 4h | 0.8428 | +0.228% | — | $4.3M | — |