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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CC-USDT | 0.1192 | 0.0100 | pay 0.0050% / 4h | 43m 37s | — | $6.6M | — |
| Short | Bybit CCUSDT | 0.1193 | 0.0035 | get 0.0017% / 4h | 43m 37s | $11.0M | $3.8M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 8 min ago | 5.04 bp | 17.5 bp −$18 | 56.1 bp −$561 | 329.7 bp −$33.0K | 1070.2 bp −$535.1K |
| Sell Bybit live order book, 5 min ago | 2.52 bp | 35.3 bp −$35 | 309.9 bp −$3,099 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CC_USDT | +0.0026% | 4h | 0.1191 | −0.034% | $1.8M | $355K | 100x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | −0.990% | $402 | $3K | 5.5x | as long as short |
| Bybit CCUSDTshort | +0.0035% | 4h | 0.1193 | +0.101% | $11.0M | $3.8M | 25x | |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1192 | −0.003% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1194 | +0.193% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1193 | +0.097% | $35K | $27K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1192 | +0.008% | $11.2M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1193 | +0.084% | $2.6M | $3.1M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1191 | −0.042% | $365K | $183K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1193 | +0.084% | $492K | $100K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1193 | +0.084% | $922K | $751K | 20x | as long as short |
| BingX CC-USDTlong | +0.0100% | 4h | 0.1192 | long leg | — | $6.6M | — | |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1191 | −0.034% | $16K | $23K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1192 | +0.022% | $607K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1193 | +0.088% | $80K | $3.0M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1191 | −0.104% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1191 | −0.109% | $602K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0453% / S −0.0241% | 1h | 0.1193 | +0.078% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0672% | 1h | 0.1197 | +0.478% | $255K | $168K | 5x | as long as short |
BingX CC-USDT
Bybit CCUSDT
MEXC CC_USDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC