Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against BingX0.000%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days−0.154%−$15 · spread now 0.000%, 7d avg −0.077%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.077% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CP-USDT | 0.01376 | 0.0070 | pay 0.0035% / 4h | 2h 10m | — | $1.0M | — |
| Short | Bybit CPUSDT | 0.01376 | 0.0100 | get 0.0050% / 4h | 2h 10m | $1.4M | $2.5M | 20x |
BingX CP-USDT
Bybit CPUSDTFunding 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
- $6.3
- Price spread: 0.000% → −0.077%
- $7.7
- Slippage, 4 orders
- −$101.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$108.06
- Costs to cover
- 1.221%
- Break-even
- 127.1 days
Slippage from BingX: live order book, 15 min ago; Bybit: live order book, 2 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, 15 min ago | 10.91 bp | 31.4 bp −$31 | 112.7 bp −$1,127 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.64 bp | 15.7 bp −$16 | 201.8 bp −$2,018 | doesn't fit | doesn't fit |
CP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDTlong | +0.0070% | 4h | 0.01376 | long leg | — | $1.0M | — | |
| Bybit CPUSDTshort | +0.0100% | 4h | 0.01376 | 0.000% | $1.4M | $2.5M | 20x | |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01376 | 0.000% | $3.8M | $11.1M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01376 | 0.000% | $573K | $528K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01376 | 0.000% | $1.5M | $382K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01378 | +0.145% | $197K | $902K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01375 | −0.036% | $779K | $1.5M | 20x | as long as short |
OKX CP-USDT-SWAP
Gate CP_USDT
MEXC CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT