Funding you earn now, next payment 04:00 UTC+0.0346%/8h= +37.9% APRnext payment +$1.73 per $10,000 · paid last 24h +0.045%
Price spread now: Bybit against BingX+0.088%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days−0.088%−$9 · spread now +0.088%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.037% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.051%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.73 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 | BingX DEXE-USDT | 1.9400 | 0.0100 | pay 0.0050% / 4h | 1h 45m | — | $1.8M | — |
| Short | Bybit DEXEUSDT | 1.9417 | 0.0446 | get 0.0223% / 4h | 1h 45m | $2.4M | $913K | 20x |
Funding 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
- $72.6
- Price spread: +0.088% → +0.051%
- $3.7
- Slippage, 4 orders
- −$114.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.58
- Costs to cover
- 1.359%
- Break-even
- 12.7 days
Slippage from BingX: live order book, 17 min ago; Bybit: 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 BingX live order book, 17 min ago | 2.56 bp | 16.8 bp −$17 | 51.6 bp −$516 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.15 bp | 61.3 bp −$61 | 1184.0 bp −$11.8K | doesn't fit | doesn't fit |
DEXE 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −4.124% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9410 | +0.054% | $172K | $30K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9398 | −0.012% | $7.0M | $8.6M | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9390 | −0.052% | $472K | $797K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9390 | −0.052% | $1.8M | $229K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9390 | −0.052% | $3.2M | $502K | 10x | as long as short |
| BingX DEXE-USDTlong | +0.0100% | 4h | 1.9400 | long leg | — | $1.8M | — | |
| Variational Omni DEXE | +0.0100% | 4h | 1.9412 | +0.060% | $35K | $388 | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9380 | −0.103% | $8K | — | 10x | as long as short |
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9370 | −0.155% | — | $36K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DEXEUSDTshort | +0.0446% | 4h | 1.9417 | +0.088% | $2.4M | $913K | 20x | |
| Kraken Futures PF_DEXEUSD | +0.0481% | 1h | 1.9385 | −0.079% | $42K | $53K | 20x | as long as short |
BingX DEXE-USDT
Bybit DEXEUSDT
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
Variational Omni DEXE
BloFin DEXE-USDT
Kraken Futures PF_DEXEUSD