Settings8H · net · $10k
Funding arb · Price arb /

EPIC

all EPIC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against BingX−0.032%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2212.212% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.032%, 7d avg +0.055%
Together, before fees+0.123%+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.087% cheaper against BingX than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.055%). If the spread goes back, that is −$9 on $10k: about 9.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.009% in total) that is about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EPIC-USDT0.62570.0070pay 0.0035% / 4h10m 29s$2.6M
ShortBybit EPICUSDT0.62550.0100get 0.0050% / 4h10m 29s$1.4M$5.4M25x

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 it
latest
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: −0.032% → +0.055%
−$8.73
Slippage, 4 orders
−$200.25
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$223.68
Costs to cover
2.212%
Break-even
255.5 days
Slippage from BingX: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago5.60 bp37.3 bp −$37118.1 bp −$1,181621.4 bp −$62.1K899.7 bp −$449.8K
Sell Bybit live order book, 2 min ago3.19 bp63.4 bp −$63437.2 bp −$4,372doesn't fitdoesn't fit

EPIC on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX EPIC-USDTlong+0.0070%4h0.6257long leg$2.6M
Binance EPICUSDT+0.0100%4h0.6247−0.156%$6.4M$26.4M20xas long as short
Bybit EPICUSDTshort+0.0100%4h0.6255−0.032%$1.4M$5.4M25x
Gate EPIC_USDT+0.0100%4h0.62570.000%$543K$1.5M25xas long as short
MEXC EPIC_USDT+0.0100%4h0.6252−0.080%$273K$337K20xas long as short
BloFin EPIC-USDT+0.0152%4h0.6274+0.272%$322K$116K20xas long as short
Bitget EPICUSDT+0.0554%4h0.6270+0.208%$5.6M$3.4M10xas long as short