Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: BingX against Bybit+0.108%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.108%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.103% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GMTUSDT | 0.008298 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $1.1M | $1.1M | 50x |
| Short | BingX GMT-USDT | 0.008307 | 0.0100 | get 0.0050% / 4h | 2h 54m | — | $1.2M | — |
Bybit GMTUSDT
BingX GMT-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
- $0
- Price spread: +0.108% → +0.005%
- $10.32
- Slippage, 4 orders
- −$84.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$95.08
- Costs to cover
- 1.054%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 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, 1 min ago | 3.00 bp | 27.6 bp −$28 | 245.4 bp −$2,454 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.40 bp | 20.6 bp −$21 | 54.8 bp −$548 | 528.6 bp −$52.9K | 961.4 bp −$480.7K |
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1129% | 1h | 0.008336 | +0.458% | $47K | $7K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0054% | 4h | 0.008310 | +0.145% | $257K | $101K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008304 | +0.072% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008320 | +0.263% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008301 | +0.036% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDTlong | +0.0100% | 8h | 0.008298 | long leg | $1.1M | $1.1M | 50x | |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008294 | −0.048% | $342K | $553K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008310 | +0.145% | $149K | $101K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008318 | +0.241% | $422K | $179K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008296 | −0.024% | $667K | $406K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDTshort | +0.0100% | 4h | 0.008307 | +0.108% | — | $1.2M | — | |
| Variational Omni GMT | +0.0100% | 8h | 0.008315 | +0.204% | $3K | $5K | — | as long as short |
Variational Omni GMT