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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX EPIC-USDT | 0.6257 | 0.0070 | pay 0.0035% / 4h | 10m 29s | — | $2.6M | — |
| Short | Bybit EPICUSDT | 0.6255 | 0.0100 | get 0.0050% / 4h | 10m 29s | $1.4M | $5.4M | 25x |
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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 5.60 bp | 37.3 bp −$37 | 118.1 bp −$1,181 | 621.4 bp −$62.1K | 899.7 bp −$449.8K |
| Sell Bybit live order book, 2 min ago | 3.19 bp | 63.4 bp −$63 | 437.2 bp −$4,372 | doesn't fit | doesn't fit |
EPIC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EPIC-USDTlong | +0.0070% | 4h | 0.6257 | long leg | — | $2.6M | — | |
| Binance EPICUSDT | +0.0100% | 4h | 0.6247 | −0.156% | $6.4M | $26.4M | 20x | as long as short |
| Bybit EPICUSDTshort | +0.0100% | 4h | 0.6255 | −0.032% | $1.4M | $5.4M | 25x | |
| Gate EPIC_USDT | +0.0100% | 4h | 0.6257 | 0.000% | $543K | $1.5M | 25x | as long as short |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6252 | −0.080% | $273K | $337K | 20x | as long as short |
| BloFin EPIC-USDT | +0.0152% | 4h | 0.6274 | +0.272% | $322K | $116K | 20x | as long as short |
| Bitget EPICUSDT | +0.0554% | 4h | 0.6270 | +0.208% | $5.6M | $3.4M | 10x | as long as short |
BingX EPIC-USDT
Bybit EPICUSDT
Binance EPICUSDT
Gate EPIC_USDT
MEXC EPIC_USDT
BloFin EPIC-USDT
Bitget EPICUSDT