Settings8H · net · $10k
Funding arb · Price arb /

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0128%/8h= −14.1% APRnext payment $0.64 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX0.000%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1131.129% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 7 days−0.018%−$2 · spread now 0.000%, 7d avg +0.001%
Together, before fees−0.077%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FF-USDT0.12730.0100pay 0.0050% / 4h1h 02m$7.0M
ShortBybit FFUSDT0.1273−0.0028pay 0.0014% / 4h1h 02m$14.3M$11.1M20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$26.98
Price spread: 0.000% → +0.001%
−$0.14
Slippage, 4 orders
−$91.89
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$140.01
Costs to cover
1.129%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Bybit: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 15 min ago2.75 bp14.9 bp −$1551.1 bp −$511doesn't fitdoesn't fit
Sell Bybit live order book, 11 min ago0.39 bp39.9 bp −$40139.3 bp −$1,393doesn't fitdoesn't fit

FF on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FFUSDT−0.0210%4h0.1272−0.102%$43.0M$43.7M20xas long as short
MEXC FF_USDT−0.0204%4h0.1273−0.047%$10.1M$3.6M50xas long as short
BloFin FF-USDT−0.0156%4h0.1273−0.024%$2.3M$414K20xas long as short
Bybit FFUSDTshort−0.0028%4h0.12730.000%$14.3M$11.1M20x
Aster FFUSDT+0.0100%4h0.1274+0.071%$1.2M$31K5xas long as short
Gate FF_USDT+0.0100%4h0.1275+0.149%$26.9M$3.5M50xas long as short
KuCoin FFUSDTM+0.0100%4h0.1275+0.149%$8.6M$6.4M20xas long as short
Bitget FFUSDT+0.0100%4h0.1274+0.031%$18.5M$4.1M5xas long as short
BingX FF-USDTlong+0.0100%4h0.1273long leg$7.0M
SunX FF-USDT+0.0100%4h0.1272−0.079%$2K$2.5M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0144%1h0.1276+0.243%$135K$65K3xas long as short