Funding you earn now, next payment 04:00 UTC+0.2714%/8h= +297.2% APRpaid last 24h +0.029%
Price spread now: BingX against Bybit−0.100%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1171.166% of the position
Funding, last 7 days−1.229%−$123 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now −0.100%, 7d avg −0.075%
=Funding pays, the price is against you. BingX is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.075%). If the spread goes back, that is −$3 on $10k: about under an hour of funding at the current rate (+$81 a day). Mind the row above: over the last 7 days funding on this pair cost −1.229%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.229% in total (about -64.1% a year). A funding rate is set anew for every payment. 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 | Bybit IOSTUSDT | 0.0008994 | −0.3462 | get 0.3462% / 8h | 6h 06m | $1.9M | $2.1M | 25x |
| Short | BingX IOST-USDT | 0.0008985 | −0.0748 | pay 0.0374% / 4h | 2h 06m | — | $2.5M | — |
Bybit IOSTUSDT
BingX IOST-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
- $569.89
- Price spread: −0.100% → −0.075%
- −$2.53
- Slippage, 4 orders
- −$95.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $450.8
- Costs to cover
- 1.166%
- Break-even
- 1.5 days
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 13 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 | 2.22 bp | 41.2 bp −$41 | 228.5 bp −$2,285 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 2.76 bp | 15.5 bp −$15 | 45.0 bp −$450 | 336.3 bp −$33.6K | 495.8 bp −$247.9K |
IOST on 8 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 IOSTUSDTlong | −0.3462% | 8h | 0.0008994 | long leg | $1.9M | $2.1M | 25x | |
| OKX IOST-USDT-SWAP | −0.2285% | 4h | 0.0008982 | −0.133% | $1.6M | $4.0M | 10x | as long as short |
| MEXC IOST_USDT | −0.2148% | 4h | 0.0008987 | −0.078% | $2.0M | $452K | 50x | as long as short |
| Binance IOSTUSDT | −0.2144% | 4h | 0.0008987 | −0.082% | $5.8M | $16.1M | 50x | as long as short |
| Bitget IOSTUSDT | −0.2056% | 4h | 0.0008989 | −0.056% | $638K | $2.2M | 25x | as long as short |
| Variational Omni IOST | −0.1419% | 8h | 0.0009016 | +0.244% | $10K | $6K | — | as long as short |
| Gate IOST_USDT | −0.1102% | 4h | 0.0008980 | −0.156% | $735K | $483K | 25x | as long as short |
| BingX IOST-USDTshort | −0.0748% | 4h | 0.0008985 | −0.100% | — | $2.5M | — |
OKX IOST-USDT-SWAP
MEXC IOST_USDT
Binance IOSTUSDT
Bitget IOSTUSDT
Variational Omni IOST
Gate IOST_USDT