Funding you earn now, next payment 04:00 UTC−0.0160%/8h= −17.5% APRnext payment −$0.80 per $10,000 · paid last 24h −0.376%
Price spread now: BingX against Bybit+0.395%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 7 days−0.474%−$47 · spread now +0.395%, 7d avg −0.051%
=The price spread pays, funding is against you. BingX is 0.446% dearer against Bybit than usual: you sell high and buy low (spread +0.395% now, against its 7-day average of −0.051%): +$45 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 9.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ESPUSDT | 0.09356 | 0.0546 | pay 0.0273% / 4h | 3h 46m | $1.1M | $599K | 50x |
| Short | BingX ESP-USDT | 0.09393 | 0.0386 | get 0.0193% / 4h | 3h 46m | — | $1.7M | — |
Bybit ESPUSDT
BingX ESP-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
- −$33.61
- Price spread: +0.395% → −0.051%
- $44.64
- Slippage, 4 orders
- −$110.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$120.58
- Costs to cover
- 1.316%
- 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 | 3.73 bp | 30.1 bp −$30 | 278.8 bp −$2,788 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.80 bp | 18.4 bp −$18 | 57.9 bp −$579 | 479.1 bp −$47.9K | 985.6 bp −$492.8K |
ESP on 11 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 ESPUSDT | +0.0100% | 4h | 0.09394 | +0.406% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09396 | +0.423% | $2.4M | $4.3M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09396 | +0.428% | $596K | $1.2M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09396 | +0.428% | $169K | $596K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09395 | +0.417% | $1.2M | $104K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09395 | +0.417% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09394 | +0.405% | $949K | $148K | 20x | as long as short |
| edgeX ESPUSDC | +0.0116% | 4h | 0.09392 | +0.381% | $29K | $270K | 10x | as long as short |
| BloFin ESP-USDT | +0.0158% | 4h | 0.09401 | +0.481% | $122K | $35K | 25x | as long as short |
| BingX ESP-USDTshort | +0.0386% | 4h | 0.09393 | +0.395% | — | $1.7M | — |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BloFin ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDTlong | +0.0546% | 4h | 0.09356 | long leg | $1.1M | $599K | 50x |