Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −13.0% APRnext payment −$0.59 per $10,000 · paid last 24h +0.010%
Price spread now: Bybit against BingX−0.036%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2312.312% of the position
Funding, last 7 days−0.262%−$26 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.036%, 7d avg −0.078%
=The price spread pays, funding is against you. Bybit is 0.042% dearer against BingX than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.078%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ELSA-USDT | 0.05624 | 0.0272 | pay 0.0136% / 4h | 1h 19m | — | $1.3M | — |
| Short | Bybit ELSAUSDT | 0.05622 | 0.0154 | get 0.0077% / 4h | 1h 19m | $830K | $282K | 20x |
BingX ELSA-USDT
Bybit ELSAUSDTFunding 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
- −$24.88
- Price spread: −0.036% → −0.078%
- $4.2
- Slippage, 4 orders
- −$210.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$251.84
- Costs to cover
- 2.312%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 41 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, 2 min ago | 4.44 bp | 31.6 bp −$32 | 258.5 bp −$2,585 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 41 min ago | 4.47 bp | 85.1 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
ELSA on 9 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 ELSA_USDT | +0.0100% | 4h | 0.05618 | −0.107% | $140K | $47K | 20x | as long as short |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05612 | −0.213% | $185K | $24K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05620 | −0.072% | $1K | $461 | — | as long as short |
| MEXC ELSA_USDT | +0.0106% | 4h | 0.05620 | −0.071% | $512K | $133K | 50x | as long as short |
| Binance ELSAUSDT | +0.0111% | 4h | 0.05623 | −0.018% | $1.3M | $1.2M | 20x | as long as short |
| Bybit ELSAUSDTshort | +0.0154% | 4h | 0.05622 | −0.036% | $830K | $282K | 20x | |
| BingX ELSA-USDTlong | +0.0272% | 4h | 0.05624 | long leg | — | $1.3M | — | |
| Bitget ELSAUSDT | +0.0282% | 4h | 0.05612 | −0.213% | $467K | $188K | 20x | as long as short |
| Aster ELSAUSDT | +0.0480% | 4h | 0.05610 | −0.246% | $32K | $5K | 5x | as long as short |
Gate ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
MEXC ELSA_USDT
Binance ELSAUSDT
Bitget ELSAUSDT
Aster ELSAUSDT