Funding you earn now, next payment 22:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.638%
Price spread now: BingX against Bybit+0.369%7-day average −0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$980.980% of the position
Funding, last 6 days (all we have)−0.759%−$76 on $10k
+Price spread, last 6 days (all we have)−0.770%−$77 · spread now +0.369%, 7d avg −0.190%
=The price spread pays, funding is against you. BingX is 0.559% dearer against Bybit than usual: you sell high and buy low (spread +0.369% now, against its 7-day average of −0.190%): +$56 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 23 days. At the pace of the last 6 days (−0.759% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CVCUSDT | 0.02711 | 0.0100 | pay 0.0013% / 1h | 55m 02s | $1.7M | $1.4M | 25x |
| Short | BingX CVC-USDT | 0.02721 | 0.0018 | get 0.0009% / 4h | 2h 55m | — | $2.4M | — |
Bybit CVCUSDT
BingX CVC-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
- −$17.22
- Price spread: +0.369% → −0.190%
- $55.9
- Slippage, 4 orders
- −$76.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.29
- Costs to cover
- 0.980%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 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, 1 min ago | 5.54 bp | 27.1 bp −$27 | 434.1 bp −$4,341 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.33 bp | 20.4 bp −$20 | 57.3 bp −$573 | 851.3 bp −$85.1K | 1330.6 bp −$665.3K |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.1106% | 4h | 0.02727 | +0.590% | $208K | $306K | 25x | as long as short |
| BingX CVC-USDTshort | +0.0018% | 4h | 0.02721 | +0.369% | — | $2.4M | — | |
| Bitget CVCUSDT | +0.0064% | 4h | 0.02730 | +0.701% | $462K | $464K | 50x | as long as short |
| Binance CVCUSDT | +0.0100% | 4h | 0.02729 | +0.667% | $2.9M | $5.6M | 50x | as long as short |
| Bybit CVCUSDTlong | +0.0100% | 1h | 0.02711 | long leg | $1.7M | $1.4M | 25x | |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02728 | +0.627% | $657K | $115K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02731 | +0.738% | $1.4M | $399K | 30x | as long as short |
| Variational Omni CVC | +0.3108% | 1h | 0.02708 | −0.111% | $1K | $370 | — | as long as short |
Gate CVC_USDT
Bitget CVCUSDT
Binance CVCUSDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Variational Omni CVC