Funding you earn now, next payment 04:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.086%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2062.060% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.086%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GENIUSUSDT | 0.3479 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.4M | $2.4M | 25x |
| Short | BingX GENIUS-USDT | 0.3482 | 0.0214 | get 0.0107% / 4h | 1h 17m | — | $1.7M | — |
Bybit GENIUSUSDT
BingX GENIUS-USDTFunding 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
- $23.94
- Price spread: +0.086% → +0.058%
- $2.87
- Slippage, 4 orders
- −$184.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$179.19
- Costs to cover
- 2.060%
- Break-even
- 59.4 days
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 6 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, 5 min ago | 2.87 bp | 70.0 bp −$70 | 519.8 bp −$5,198 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 8.61 bp | 32.2 bp −$32 | 105.7 bp −$1,057 | 526.3 bp −$52.6K | 1325.2 bp −$662.6K |
GENIUS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GENIUSUSDTlong | +0.0100% | 4h | 0.3479 | long leg | $1.4M | $2.4M | 25x | |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3476 | −0.086% | $237K | $390K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3476 | −0.092% | $536K | $1.8M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3476 | −0.101% | $719K | $1.2M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3496 | +0.499% | $91K | $99K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3481 | +0.057% | $1K | $698K | 20x | as long as short |
| BloFin GENIUS-USDT | +0.0185% | 4h | 0.3484 | +0.144% | $490K | $25K | 50x | as long as short |
| MEXC GENIUS_USDT | +0.0204% | 4h | 0.3479 | 0.000% | $476K | $340K | 20x | as long as short |
| Binance GENIUSUSDT | +0.0206% | 4h | 0.3479 | +0.012% | $8.9M | $18.1M | 50x | as long as short |
| Extended GENIUS-USD | +0.0208% | 1h | 0.3478 | −0.028% | $3K | $175K | 5x | as long as short |
Gate GENIUS_USDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
BloFin GENIUS-USDT
MEXC GENIUS_USDT
Binance GENIUSUSDT
Extended GENIUS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GENIUS-USDTshort | +0.0214% | 4h | 0.3482 | +0.086% | — | $1.7M | — | |
| Aster GENIUSUSDT | +0.0716% | 4h | 0.3481 | +0.057% | $254K | $477K | 20x | as long as short |
Aster GENIUSUSDT