Funding you earn now, next payment 08:00 UTC−0.0218%/8h= −23.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against BingX−0.079%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3143.135% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.079%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.089% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIDA-USDT | 0.02161 | 0.0318 | pay 0.0159% / 4h | 3h 33m | — | $1.3M | — |
| Short | Bybit FIDAUSDT | 0.02159 | 0.0100 | get 0.0050% / 4h | 3h 33m | $464K | $202K | 20x |
BingX FIDA-USDT
Bybit FIDAUSDTFunding 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
- −$45.78
- Price spread: −0.079% → +0.010%
- −$8.85
- Slippage, 4 orders
- −$292.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$368.16
- Costs to cover
- 3.135%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 11 min ago | 6.92 bp | 23.6 bp −$24 | 80.6 bp −$806 | 776.0 bp −$77.6K | doesn't fit |
| Sell Bybit live order book, 11 min ago | 4.61 bp | 129.1 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
FIDA 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 FIDAUSDT | +0.0100% | 4h | 0.02160 | −0.041% | $8K | $7K | 5x | as long as short |
| Binance FIDAUSDT | +0.0100% | 4h | 0.02160 | −0.064% | $1.4M | $2.4M | 25x | as long as short |
| Bybit FIDAUSDTshort | +0.0100% | 4h | 0.02159 | −0.079% | $464K | $202K | 20x | |
| Gate FIDA_USDT | +0.0100% | 4h | 0.02162 | +0.046% | $46K | $38K | 10x | as long as short |
| MEXC FIDA_USDT | +0.0100% | 4h | 0.02159 | −0.093% | $728K | $175K | 20x | as long as short |
| Variational Omni FIDA | +0.0100% | 4h | 0.02163 | +0.075% | $3K | $401 | — | as long as short |
| Extended FIDA-USD | +0.0104% | 1h | 0.02159 | −0.094% | $5K | $101K | 5x | as long as short |
| Bitget FIDAUSDT | +0.0318% | 4h | 0.02165 | +0.176% | $533K | $348K | 25x | as long as short |
| BingX FIDA-USDTlong | +0.0318% | 4h | 0.02161 | long leg | — | $1.3M | — |
Aster FIDAUSDT
Binance FIDAUSDT
Gate FIDA_USDT
MEXC FIDA_USDT
Variational Omni FIDA
Extended FIDA-USD
Bitget FIDAUSDT