Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against Bybit−0.312%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1651.648% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days+0.238%+$24 · spread now −0.312%, 7d avg −0.091%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.221% cheaper against Bybit than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EPICUSDT | 0.6412 | 0.0100 | pay 0.0050% / 4h | 3m 20s | $1.3M | $5.1M | 25x |
| Short | BingX EPIC-USDT | 0.6392 | 0.0070 | get 0.0035% / 4h | 3m 20s | — | $2.6M | — |
Bybit EPICUSDT
BingX EPIC-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
- −$6.3
- Price spread: −0.312% → −0.091%
- −$22.11
- Slippage, 4 orders
- −$143.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$193.18
- Costs to cover
- 1.648%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 6 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, 4 min ago | 3.90 bp | 46.4 bp −$46 | 453.8 bp −$4,538 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 6.23 bp | 35.1 bp −$35 | 132.0 bp −$1,320 | 645.3 bp −$64.5K | 867.1 bp −$433.5K |
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-USDTshort | +0.0070% | 4h | 0.6392 | −0.312% | — | $2.6M | — | |
| Binance EPICUSDT | +0.0100% | 4h | 0.6399 | −0.203% | $6.4M | $23.7M | 20x | as long as short |
| Bybit EPICUSDTlong | +0.0100% | 4h | 0.6412 | long leg | $1.3M | $5.1M | 25x | |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6400 | −0.187% | $275K | $316K | 20x | as long as short |
| Bitget EPICUSDT | +0.0128% | 4h | 0.6400 | −0.187% | $5.6M | $3.3M | 10x | as long as short |
| BloFin EPIC-USDT | +0.0138% | 4h | 0.6405 | −0.109% | $329K | $100K | 20x | as long as short |
| Gate EPIC_USDT | +0.0488% | 4h | 0.6390 | −0.343% | $549K | $1.5M | 25x | as long as short |
Binance EPICUSDT
MEXC EPIC_USDT
Bitget EPICUSDT
BloFin EPIC-USDT
Gate EPIC_USDT