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

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0065%/8h= −7.1% APRnext payment $0.33 per $10,000 · paid last 24h −0.016%
Price spread now: Bybit against BingX+0.101%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$10 on $10k
Price spread, last 7 days−0.045%−$4 · spread now +0.101%, 7d avg +0.027%
Together, before fees−0.150%−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.074% dearer against BingX than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.027%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CC-USDT0.11920.0100pay 0.0050% / 4h43m 37s$6.6M
ShortBybit CCUSDT0.11930.0035get 0.0017% / 4h43m 37s$11.0M$3.8M25x

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

Profit calculator

Funding earned
−$13.67
Price spread: +0.101% → +0.027%
$7.38
Slippage, 4 orders
−$91.95
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$119.25
Costs to cover
1.130%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 5 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 BingX live order book, 8 min ago5.04 bp17.5 bp −$1856.1 bp −$561329.7 bp −$33.0K1070.2 bp −$535.1K
Sell Bybit live order book, 5 min ago2.52 bp35.3 bp −$35309.9 bp −$3,099doesn't fitdoesn't fit

CC on 19 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
MEXC CC_USDT+0.0026%4h0.1191−0.034%$1.8M$355K100xas long as short
Injective CC/USDC PERP+0.0033%1h0.1180−0.990%$402$3K5.5xas long as short
Bybit CCUSDTshort+0.0035%4h0.1193+0.101%$11.0M$3.8M25x
Paradex CC-USD-PERP+0.0098%8h0.1192−0.003%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1194+0.193%$5.5M$1.3M3xas long as short
Aster CCUSDT+0.0100%4h0.1193+0.097%$35K$27K20xas long as short
Binance CCUSDT+0.0100%4h0.1192+0.008%$11.2M$11.9M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1193+0.084%$2.6M$3.1M20xas long as short
Gate CC_USDT+0.0100%4h0.1191−0.042%$365K$183K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1193+0.084%$492K$100K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1193+0.084%$922K$751K20xas long as short
BingX CC-USDTlong+0.0100%4h0.1192long leg$6.6M
Backpack CC_USDC_PERP+0.0100%1h0.1191−0.034%$16K$23K10xas long as short
Variational Omni CC+0.0100%4h0.1192+0.022%$607K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1193+0.088%$80K$3.0M10xas long as short
Derive CC-PERP+0.0100%1h0.1191−0.104%$6K$33K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1191−0.109%$602K$98K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0453% / S −0.0241%1h0.1193+0.078%$44K50xas long as short
Lighter CC+0.0672%1h0.1197+0.478%$255K$168K5xas long as short