Funding you earn now, next payment 00:00 UTC+0.0299%/8h= +32.8% APRnext payment +$2.99 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against Bybit+0.226%7-day average +0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1271.267% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.226%, 7d avg +0.199%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.199%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.99 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 COREUSDT | 0.02214 | −0.0148 | get 0.0148% / 8h | 1h 01m | $1.4M | $856K | 20x |
| Short | BingX CORE-USDT | 0.02219 | 0.0151 | get 0.0151% / 8h | 1h 01m | — | $1.3M | — |
Bybit COREUSDT
BingX CORE-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
- $62.81
- Price spread: +0.226% → +0.199%
- $2.64
- Slippage, 4 orders
- −$105.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.25
- Costs to cover
- 1.267%
- Break-even
- 13.8 days
Slippage from Bybit: live order book, 10 min ago; BingX: live order book, 9 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, 10 min ago | 6.81 bp | 34.5 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 9.05 bp | 28.1 bp −$28 | 80.4 bp −$804 | 840.4 bp −$84.0K | 1204.3 bp −$602.2K |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0334% | 8h | 0.02209 | −0.217% | $8K | $886 | — | as long as short |
| Bybit COREUSDTlong | −0.0148% | 8h | 0.02214 | long leg | $1.4M | $856K | 20x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02221 | +0.316% | $1.7M | $4.3M | 20x | as long as short |
| Gate CORE_USDT | +0.0100% | 8h | 0.02220 | +0.271% | $171K | $168K | 25x | as long as short |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02219 | +0.226% | $871K | $206K | 100x | as long as short |
| BingX CORE-USDTshort | +0.0151% | 8h | 0.02219 | +0.226% | — | $1.3M | — |
Variational Omni CORE
OKX CORE-USDT-SWAP
Gate CORE_USDT
MEXC CORE_USDT