Settings8H · net · $10k
Funding arb · Price arb /

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%
Price spread now: BingX against Bybit+0.087%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.217%−$22 on $10k
Price spread, last 7 days−0.803%−$80 · spread now +0.087%, 7d avg −0.097%
Together, before fees−1.021%−$102 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.184% dearer against Bybit than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CAPUSDT0.046060.0100pay 0.0050% / 4h2h 10m$4.5M$4.1M10x
ShortBingX CAP-USDT0.046100.0100get 0.0050% / 4h2h 10m$1.6M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.087% → −0.097%
$18.38
Slippage, 4 orders
−$104.57
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$107.19
Costs to cover
1.256%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago5.43 bp38.9 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago4.34 bp24.4 bp −$2478.9 bp −$789doesn't fitdoesn't fit

CAP on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CAPUSDTM−0.0784%4h0.04605−0.022%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0402%4h0.04613+0.152%$2.1M$7.1M10xas long as short
Bitget CAPUSDT−0.0038%4h0.04607+0.022%$1.0M$588K10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04608+0.043%150xas long as short
Lighter CAP+0.0096%1h0.04606−0.004%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04604−0.050%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04609+0.074%$9.0M$8.8M10xas long as short
Bybit CAPUSDTlong+0.0100%4h0.04606long leg$4.5M$4.1M10x
Gate CAP_USDT+0.0100%4h0.046060.000%$327K$1.2M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04608+0.043%$559K$237K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CAP-USDTshort+0.0100%4h0.04610+0.087%$1.6M
Variational Omni CAP+0.0100%4h0.04604−0.050%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04606+0.002%$5K$58210xas long as short