Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.022%
Price spread now: BingX against Bybit−0.030%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.030%, 7d avg 0.000%
=Funding pays, the price is against you. BingX is 0.031% cheaper against Bybit than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of 0.000%). If the spread goes back, that is −$3 on $10k: about 2.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 0.9893 | 0.0040 | pay 0.0040% / 8h | 57m 41s | $15.4M | $18.2M | 25x |
| Short | BingX FIL-USDC | 0.9890 | 0.0076 | get 0.0076% / 8h | 57m 41s | — | $6.5M | — |
Bybit FILUSDT
BingX FIL-USDCFunding 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
- $7.63
- Price spread: −0.030% → 0.000%
- −$3.07
- Slippage, 4 orders
- −$25.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.46
- Costs to cover
- 0.460%
- Break-even
- 45.0 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 3 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 | 0.50 bp | 9.1 bp −$9 | 28.7 bp −$287 | 157.4 bp −$15.7K | doesn't fit |
| Sell BingX live order book, 3 min ago | 1.01 bp | 11.1 bp −$11 | 25.9 bp −$259 | 171.5 bp −$17.2K | 615.7 bp −$307.9K |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1058% | 1h | 0.9922 | +0.293% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0392% | 1h | 0.9921 | +0.281% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9928 | +0.354% | $320K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.384% | $2K | $240K | 12x | as long as short |
| Hyperliquid FIL | −0.0017% | 1h | 0.9894 | +0.010% | $8.6M | $9.5M | 5x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9922 | +0.296% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9897 | +0.041% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0006% | 8h | 0.9890 | −0.030% | $7.4M | $7.1M | 50x | as long as short |
| Bitget FILUSDT | +0.0017% | 8h | 0.9888 | −0.051% | $11.0M | $21.5M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0033% | 8h | 0.9886 | −0.071% | $18.2M | $98.6M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Hyperliquid FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Bitget FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FILUSDTlong | +0.0040% | 8h | 0.9893 | long leg | $15.4M | $18.2M | 25x | |
| MEXC FIL_USDC | +0.0070% | 8h | 0.9885 | −0.081% | $251K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 0.9886 | −0.072% | $692K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0073% | 8h | 0.9887 | −0.061% | $57.2M | $177.2M | 75x | as long as short |
| BingX FIL-USDCshort | +0.0076% | 8h | 0.9890 | −0.030% | — | $6.5M | — | |
| Lighter FIL | +0.0096% | 1h | 0.9885 | −0.077% | $158K | $347K | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9903 | +0.103% | $497K | $527K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9891 | −0.020% | $7.9M | $16.1M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9950 | +0.578% | $443K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9934 | +0.413% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9950 | +0.580% | $289K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9940 | +0.475% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9930 | +0.376% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | +0.172% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9914 | +0.212% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9923 | +0.303% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | +0.273% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0195% | 8h | 0.9938 | +0.455% | $2.7M | $661K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0666% | 1h | 0.9922 | +0.294% | $197K | — | 100x | as long as short |
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
Lighter FIL
Aster FILUSDT
Gate FIL_USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]