Funding you earn now, next payment 04:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.84 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against BingX−0.089%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2862.865% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.089%, 7d avg −0.072%
=The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FHE-USDT | 0.02240 | 0.0606 | pay 0.0303% / 4h | 2h 09m | — | $6.5M | — |
| Short | Bybit FHEUSDT | 0.02238 | 0.0438 | get 0.0219% / 4h | 2h 09m | $1.6M | $476K | 13x |
BingX FHE-USDT
Bybit FHEUSDTFunding 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
- −$35.29
- Price spread: −0.089% → −0.072%
- −$1.69
- Slippage, 4 orders
- −$265.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$323.44
- Costs to cover
- 2.865%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 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, 11 min ago | 4.45 bp | 43.4 bp −$43 | 226.2 bp −$2,262 | 1069.3 bp −$106.9K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.70 bp | 99.9 bp −$100 | 739.4 bp −$7,394 | doesn't fit | doesn't fit |
FHE on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate FHE_USDT | +0.0100% | 8h | 0.02238 | −0.089% | $620K | $78K | 10x | as long as short |
| Bybit FHEUSDTshort | +0.0438% | 4h | 0.02238 | −0.089% | $1.6M | $476K | 13x | |
| Aster FHEUSDT | +0.0455% | 4h | 0.02242 | +0.109% | $16K | $2K | 5x | as long as short |
| BingX FHE-USDTlong | +0.0606% | 4h | 0.02240 | long leg | — | $6.5M | — | |
| Extended FHE-USD | +0.0616% | 1h | 0.02243 | +0.153% | $2K | $100K | 5x | as long as short |
| Binance FHEUSDT | +0.0619% | 4h | 0.02244 | +0.183% | $3.0M | $1.5M | 10x | as long as short |
| MEXC FHE_USDT | +0.0622% | 4h | 0.02243 | +0.134% | $856K | $299K | 50x | as long as short |
| KuCoin FHEUSDTM | +0.1390% | 4h | 0.02242 | +0.089% | $643K | $9.9M | 10x | as long as short |
Gate FHE_USDT
Aster FHEUSDT
Extended FHE-USD
Binance FHEUSDT
MEXC FHE_USDT
KuCoin FHEUSDTM