Funding you earn now, next payment 04:00 UTC+0.0450%/8h= +49.3% APRnext payment +$2.25 per $10,000 · paid last 24h +0.061%
Price spread now: BingX against Bybit−0.063%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2412.408% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 7 days+0.272%+$27 · spread now −0.063%, 7d avg +0.099%
=Funding pays, the price is against you. BingX is 0.162% cheaper against Bybit than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of +0.099%). If the spread goes back, that is −$16 on $10k: about 29 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.135% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHILLGUYUSDT | 0.01427 | 0.0100 | pay 0.0050% / 4h | 30m 28s | $2.2M | $3.0M | 25x |
| Short | BingX CHILLGUY-USDT | 0.01426 | 0.0550 | get 0.0275% / 4h | 30m 28s | — | $1.5M | — |
Bybit CHILLGUYUSDT
BingX CHILLGUY-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
- $94.5
- Price spread: −0.063% → +0.099%
- −$16.21
- Slippage, 4 orders
- −$219.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$162.51
- Costs to cover
- 2.408%
- Break-even
- 19.0 days
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 1 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, 2 min ago | 3.16 bp | 73.1 bp −$73 | 1334.4 bp −$13.3K | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 6.31 bp | 60.1 bp −$60 | 224.0 bp −$2,240 | 526.6 bp −$52.7K | 720.9 bp −$360.5K |
CHILLGUY 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHILLGUYUSDTlong | +0.0100% | 4h | 0.01427 | long leg | $2.2M | $3.0M | 25x | |
| Gate CHILLGUY_USDT | +0.0100% | 4h | 0.01424 | −0.196% | $613K | $800K | 20x | as long as short |
| Variational Omni CHILLGUY | +0.0100% | 4h | 0.01424 | −0.210% | $4K | $16K | — | as long as short |
| Aster CHILLGUYUSDT | +0.0283% | 4h | 0.01417 | −0.680% | $12K | $49K | 5x | as long as short |
| MEXC CHILLGUY_USDT | +0.0468% | 4h | 0.01427 | +0.021% | $676K | $299K | 100x | as long as short |
| Binance CHILLGUYUSDT | +0.0513% | 4h | 0.01427 | +0.049% | $2.0M | $5.5M | 10x | as long as short |
| BingX CHILLGUY-USDTshort | +0.0550% | 4h | 0.01426 | −0.063% | — | $1.5M | — | |
| Bitget CHILLGUYUSDT | +0.0638% | 4h | 0.01425 | −0.119% | $959K | $556K | 10x | as long as short |
| BloFin CHILLGUY-USDT | +0.0709% | 4h | 0.01427 | +0.007% | $132K | $254K | 10x | as long as short |
| Kraken Futures PF_CHILLGUYUSD | +0.0888% | 1h | 0.01426 | −0.082% | $35K | $89K | 10x | as long as short |
Gate CHILLGUY_USDT
Variational Omni CHILLGUY
Aster CHILLGUYUSDT
MEXC CHILLGUY_USDT
Binance CHILLGUYUSDT
Bitget CHILLGUYUSDT
BloFin CHILLGUY-USDT
Kraken Futures PF_CHILLGUYUSDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CHILLGUYUSDTM | +0.2130% | 4h | 0.01423 | −0.252% | $1.2M | $542K | 10x | as long as short |
KuCoin CHILLGUYUSDTM