Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.039%
Price spread now: Bybit against BingX+0.130%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1211.213% of the position
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 7 days+0.488%+$49 · spread now +0.130%, 7d avg +0.090%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.040% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAP-USDT | 0.04622 | 0.0070 | pay 0.0035% / 4h | 57m 11s | — | $1.6M | — |
| Short | Bybit CAPUSDT | 0.04628 | 0.0100 | get 0.0050% / 4h | 57m 11s | $4.5M | $4.2M | 10x |
BingX CAP-USDT
Bybit CAPUSDTFunding 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
- $6.3
- Price spread: +0.130% → +0.090%
- $3.97
- Slippage, 4 orders
- −$100.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$111
- Costs to cover
- 1.213%
- Break-even
- 130.3 days
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, just now.
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, 4 min ago | 3.26 bp | 20.6 bp −$21 | 73.2 bp −$732 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 1.08 bp | 36.3 bp −$36 | 366.1 bp −$3,661 | doesn't fit | doesn't fit |
CAP on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTM | −0.0374% | 4h | 0.04616 | −0.130% | $4.4M | $1.4M | 10x | as long as short |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04618 | −0.085% | — | — | 150x | as long as short |
| BingX CAP-USDTlong | +0.0070% | 4h | 0.04622 | long leg | — | $1.6M | — | |
| Lighter CAP | +0.0096% | 1h | 0.04618 | −0.091% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04611 | −0.238% | $26K | $67K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04624 | +0.043% | $8.9M | $9.0M | 10x | as long as short |
| Bybit CAPUSDTshort | +0.0100% | 4h | 0.04628 | +0.130% | $4.5M | $4.2M | 10x | |
| OKX CAP-USDT-SWAP | +0.0100% | 4h | 0.04626 | +0.087% | $2.1M | $7.3M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04610 | −0.260% | $324K | $1.2M | 20x | as long as short |
| MEXC CAP_USDT | +0.0100% | 4h | 0.04623 | +0.022% | $547K | $225K | 20x | as long as short |
KuCoin CAPUSDTM
gTrade (Gains Network) CAP/USD
Lighter CAP
Aster CAPUSDT
Binance CAPUSDT
OKX CAP-USDT-SWAP
Gate CAP_USDT
MEXC CAP_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAPUSDT | +0.0100% | 4h | 0.04626 | +0.087% | $1.1M | $594K | 10x | as long as short |
| Variational Omni CAP | +0.0100% | 4h | 0.04605 | −0.367% | $8K | $8K | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04614 | −0.184% | $4K | $1K | 10x | as long as short |
| BloFin CAP-USDT | +0.0101% | 4h | 0.04624 | +0.043% | $374K | $60K | 10x | as long as short |
Bitget CAPUSDT
Variational Omni CAP
Orderly PERP_CAP_USDC_mythos
BloFin CAP-USDT