Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.015%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1981.981% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.015%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ERA-USDT | 0.06760 | 0.0100 | pay 0.0050% / 4h | 2h 43m | — | $6.6M | — |
| Short | Bybit ERAUSDT | 0.06761 | 0.0100 | get 0.0050% / 4h | 2h 43m | $779K | $742K | 25x |
BingX ERA-USDT
Bybit ERAUSDTFunding 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
- $0
- Price spread: +0.015% → −0.031%
- $4.63
- Slippage, 4 orders
- −$177.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$193.52
- Costs to cover
- 1.981%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 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, 2 min ago | 5.18 bp | 27.1 bp −$27 | 96.8 bp −$968 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.65 bp | 62.5 bp −$62 | 264.0 bp −$2,640 | doesn't fit | doesn't fit |
ERA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ERAUSDT | +0.0100% | 4h | 0.06759 | −0.018% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDT | +0.0100% | 4h | 0.06759 | −0.015% | $2.1M | $3.9M | 25x | as long as short |
| Bybit ERAUSDTshort | +0.0100% | 4h | 0.06761 | +0.015% | $779K | $742K | 25x | |
| Gate ERA_USDT | +0.0100% | 4h | 0.06760 | 0.000% | $152K | $652K | 25x | as long as short |
| MEXC ERA_USDT | +0.0100% | 4h | 0.06760 | 0.000% | $528K | $150K | 20x | as long as short |
| KuCoin ERAUSDTM | +0.0100% | 4h | 0.06757 | −0.044% | $134K | $63K | 25x | as long as short |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06760 | 0.000% | $812K | $220K | 25x | as long as short |
| BingX ERA-USDTlong | +0.0100% | 4h | 0.06760 | long leg | — | $6.6M | — | |
| Variational Omni ERA | +0.0100% | 4h | 0.06766 | +0.093% | $10K | $594 | — | as long as short |
Aster ERAUSDT
Binance ERAUSDT
Gate ERA_USDT
MEXC ERA_USDT
KuCoin ERAUSDTM
Bitget ERAUSDT
Variational Omni ERA