Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.005%
Price spread now: BingX against Bybit+0.353%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1431.429% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days−0.200%−$20 · spread now +0.353%, 7d avg +0.188%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.165% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.188%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DEEPUSDT | 0.01982 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $4.2M | $2.6M | 50x |
| Short | BingX DEEP-USDT | 0.01989 | 0.0200 | get 0.0100% / 4h | 1h 00m | — | $6.7M | — |
Bybit DEEPUSDT
BingX DEEP-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
- $21
- Price spread: +0.353% → +0.188%
- $16.5
- Slippage, 4 orders
- −$121.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$105.37
- Costs to cover
- 1.429%
- Break-even
- 42.1 days
Slippage from Bybit: live order book, 2 min ago; BingX: 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 Bybit live order book, 2 min ago | 5.05 bp | 45.0 bp −$45 | 297.3 bp −$2,973 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 7.55 bp | 32.2 bp −$32 | 92.5 bp −$925 | 645.3 bp −$64.5K | 1083.3 bp −$541.6K |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.1737% | 1h | 0.01986 | +0.202% | $81K | $17K | 20x | as long as short |
| BloFin DEEP-USDT | +0.0086% | 8h | 0.01982 | 0.000% | $138K | $34K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01994 | +0.596% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDTlong | +0.0100% | 8h | 0.01982 | long leg | $4.2M | $2.6M | 50x | |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01987 | +0.252% | $305K | $98K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01993 | +0.555% | $1.1M | $548K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01991 | +0.454% | $1.8M | $92K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01995 | +0.656% | $850K | $596K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01981 | −0.064% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01993 | +0.560% | $5K | $221K | 5x | as long as short |
Bluefin DEEP-PERP
BloFin DEEP-USDT
Binance DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTshort | +0.0200% | 4h | 0.01989 | +0.353% | — | $6.7M | — | |
| Kraken Futures PF_DEEPUSD | +0.1137% | 1h | 0.02009 | +1.385% | $8K | $7K | 10x | as long as short |
Kraken Futures PF_DEEPUSD