Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against Bybit−0.014%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now −0.014%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ETHFIUSDT | 0.7198 | 0.0100 | pay 0.0050% / 4h | 32m 54s | $18.2M | $13.1M | 25x |
| Short | BingX ETHFI-USDC | 0.7197 | 0.0100 | get 0.0050% / 4h | 32m 54s | — | $1.2M | — |
Funding 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
- $0
- Price spread: −0.014% → −0.014%
- −$0.02
- Slippage, 4 orders
- −$65.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$86.37
- Costs to cover
- 0.864%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 7 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, 1 min ago | 1.39 bp | 15.1 bp −$15 | 42.5 bp −$425 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.08 bp | 30.4 bp −$30 | 96.1 bp −$961 | 592.2 bp −$59.2K | 759.8 bp −$379.9K |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0331% | 4h | 0.7183 | −0.208% | $83K | $164K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0305% | 1h | 0.7197 | −0.014% | $42K | $18K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0190% | 4h | 0.7194 | −0.056% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0027% | 8h | 0.7193 | −0.068% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.583% | $321 | $51K | 5.5x | as long as short |
| Binance ETHFIUSDT | +0.0037% | 4h | 0.7199 | +0.014% | $25.1M | $37.2M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0038% | 4h | 0.7198 | 0.000% | $15.3M | $3.8M | 125x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7194 | −0.061% | $93K | $493K | 10x | as long as short |
| Aster ETHFIUSDT | +0.0053% | 4h | 0.7200 | +0.027% | $184K | $262K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7192 | −0.079% | $9K | — | 3x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7204 | +0.089% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7203 | +0.075% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDTlong | +0.0100% | 4h | 0.7198 | long leg | $18.2M | $13.1M | 25x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7202 | +0.056% | $5.0M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7201 | +0.042% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7196 | −0.028% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7197 | −0.014% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDCshort | +0.0100% | 4h | 0.7197 | −0.014% | — | $1.2M | — | |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7192 | −0.088% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7198 | −0.001% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7198 | 0.000% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0149% | 4h | 0.7196 | −0.028% | $1.3M | $291K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.542% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0550% | 1h | 0.7203 | +0.068% | $277K | $161K | 20x | as long as short |
Bybit ETHFIUSDT
BingX ETHFI-USDC
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
MEXC ETHFI_USDT
Extended ETHFI-USD
Aster ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD