Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against BingX+0.226%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2822.823% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.265%−$27 · spread now +0.226%, 7d avg +0.101%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.125% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LUMIA-USDT | 0.08404 | 0.0282 | pay 0.0141% / 4h | 2h 21m | — | $1.3M | — |
| Short | Bybit LUMIAUSDT | 0.08423 | 0.0316 | get 0.0158% / 4h | 2h 21m | $723K | $306K | 25x |
BingX LUMIA-USDT
Bybit LUMIAUSDTFunding 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
- $7.11
- Price spread: +0.226% → +0.101%
- $12.51
- Slippage, 4 orders
- −$261.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$262.71
- Costs to cover
- 2.823%
- Break-even
- 265.5 days
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 23 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, 7 min ago | 6.53 bp | 39.3 bp −$39 | 488.6 bp −$4,886 | 717.1 bp −$71.7K | 937.7 bp −$468.9K |
| Sell Bybit live order book, 23 min ago | 5.89 bp | 105.1 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
LUMIA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LUMIAUSDT | +0.0100% | 4h | 0.08401 | −0.035% | $985K | $2K | 5x | as long as short |
| Binance LUMIAUSDT | +0.0100% | 4h | 0.08408 | +0.053% | $4.8M | $2.0M | 10x | as long as short |
| Gate LUMIA_USDT | +0.0100% | 4h | 0.08404 | 0.000% | $304K | $38K | 20x | as long as short |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08406 | +0.024% | $188K | $125K | 100x | as long as short |
| Variational Omni LUMIA | +0.0158% | 4h | 0.08416 | +0.144% | $6K | $5K | — | as long as short |
| Bitget LUMIAUSDT | +0.0238% | 4h | 0.08424 | +0.238% | $2.7M | $341K | 10x | as long as short |
| BingX LUMIA-USDTlong | +0.0282% | 4h | 0.08404 | long leg | — | $1.3M | — | |
| Bybit LUMIAUSDTshort | +0.0316% | 4h | 0.08423 | +0.226% | $723K | $306K | 25x |
Aster LUMIAUSDT
Binance LUMIAUSDT
Gate LUMIA_USDT
MEXC LUMIA_USDT
Variational Omni LUMIA
Bitget LUMIAUSDT