Funding you earn now, next payment 00:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h +0.089%
Price spread now: Bybit against BingX−0.067%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$680.685% of the position
Funding, last 7 days+0.692%+$69 on $10k
+Price spread, last 7 days+0.185%+$19 · spread now −0.067%, 7d avg +0.060%
=Funding pays, the price is against you. Bybit is 0.127% cheaper against BingX than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.060%). If the spread goes back, that is −$13 on $10k: about 34 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07490 | −0.0198 | get 0.0099% / 4h | 1h 00m | — | $6.6M | — |
| Short | Bybit LAUSDT | 0.07485 | 0.0100 | get 0.0050% / 4h | 1h 00m | $2.4M | $2.3M | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $62.58
- Price spread: −0.067% → +0.060%
- −$12.69
- Slippage, 4 orders
- −$47.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$18.57
- Costs to cover
- 0.685%
- Break-even
- 9.1 days
Slippage from BingX: live order book, 1 min ago; Bybit: live order book, 2 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 BingX live order book, 1 min ago | 2.01 bp | 11.4 bp −$11 | 26.7 bp −$267 | 419.7 bp −$42.0K | 1013.5 bp −$506.8K |
| Sell Bybit live order book, 2 min ago | 0.67 bp | 20.3 bp −$20 | 133.0 bp −$1,330 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0264% | 4h | 0.07473 | −0.227% | $251K | $807K | 50x | as long as short |
| BingX LA-USDTlong | −0.0198% | 4h | 0.07490 | long leg | — | $6.6M | — | |
| Bitget LAUSDT | −0.0182% | 4h | 0.07472 | −0.240% | $2.1M | $503K | 25x | as long as short |
| BloFin LA-USDT | −0.0091% | 4h | 0.07472 | −0.240% | $249K | $19K | 25x | as long as short |
| Aster LAUSDT | −0.0071% | 4h | 0.07479 | −0.153% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDT | −0.0036% | 4h | 0.07479 | −0.147% | $401K | $141K | 50x | as long as short |
| Binance LAUSDT | −0.0032% | 4h | 0.07478 | −0.160% | $4.7M | $8.5M | 25x | as long as short |
| KuCoin LAUSDTM | −0.0028% | 4h | 0.07478 | −0.160% | $1.0M | $57K | 30x | as long as short |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07485 | −0.067% | $2.4M | $2.3M | 25x | |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07485 | −0.067% | $1.3M | $2.9M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07455 | −0.469% | $148K | $458K | 10x | as long as short |
BingX LA-USDT
Bybit LAUSDT
Gate LA_USDT
Bitget LAUSDT
BloFin LA-USDT
Aster LAUSDT
MEXC LA_USDT
Binance LAUSDT
KuCoin LAUSDTM
OKX LA-USDT-SWAP
GRVT LA_USDT_Perp