Settings8H · net · $10k
Funding arb · Price arb /

IN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: Bybit against BingX+0.027%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3253.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.027%, 7d avg −0.016%
Together, before fees−0.147%−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.043% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IN-USDT0.036770.0100pay 0.0050% / 4h2h 43m$2.3M
ShortBybit INUSDT0.036780.0100get 0.0050% / 4h2h 43m$887K$1.1M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.027% → −0.016%
$4.29
Slippage, 4 orders
−$303.89
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$320.59
Costs to cover
3.249%
Break-even
never at this rate
Slippage from BingX: live order book, 10 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago26.65 bp58.1 bp −$58154.3 bp −$1,5431187.9 bp −$118.8K1457.7 bp −$728.8K
Sell Bybit live order book, 1 min ago6.80 bp107.1 bp −$107564.9 bp −$5,649doesn't fitdoesn't fit

IN on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INUSDT+0.0100%4h0.03675−0.060%$133K$20K5xas long as short
Binance INUSDT+0.0100%4h0.03676−0.027%$2.2M$6.5M25xas long as short
Bybit INUSDTshort+0.0100%4h0.03678+0.027%$887K$1.1M20x
MEXC IN_USDT+0.0100%4h0.03675−0.054%$342K$137K20xas long as short
KuCoin INUSDTM+0.0100%4h0.03686+0.245%$317K$149K30xas long as short
Bitget INUSDT+0.0100%4h0.03687+0.272%$952K$955K25xas long as short
BingX IN-USDTlong+0.0100%4h0.03677long leg$2.3M
Variational Omni IN+0.0100%4h0.03701+0.662%$3K$1Kas long as short
Gate IN_USDT+0.0194%4h0.03680+0.082%$263K$431K50xas long as short