Funding you earn now, next payment 08:00 UTC−0.0710%/8h= −77.7% APRnext payment −$3.55 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against Bybit+0.140%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1231.225% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 7 days−0.191%−$19 · spread now +0.140%, 7d avg +0.004%
=The price spread pays, funding is against you. BingX is 0.137% dearer against Bybit than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of +0.004%): +$14 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.55 per $10,000. 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 MARSCOINUSDT | 0.09993 | 0.0810 | pay 0.0405% / 4h | 3h 56m | $6.9M | $14.2M | 20x |
| Short | BingX MARSCOIN-USDT | 0.1001 | 0.0100 | get 0.0050% / 4h | 3h 56m | — | $1.2M | — |
Funding 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
- −$149.11
- Price spread: +0.140% → +0.004%
- $13.66
- Slippage, 4 orders
- −$101.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$257.99
- Costs to cover
- 1.225%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 9 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, 2 min ago | 2.00 bp | 37.8 bp −$38 | 115.5 bp −$1,155 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.52 bp | 21.3 bp −$21 | 73.2 bp −$732 | 390.9 bp −$39.1K | 1162.9 bp −$581.4K |
MARSCOIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MARSCOINUSDT | +0.0100% | 4h | 0.1001 | +0.122% | $588K | $934K | 10x | as long as short |
| Binance MARSCOINUSDT | +0.0100% | 4h | 0.09997 | +0.040% | $21.9M | $59.9M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0100% | 4h | 0.09996 | +0.030% | $2.9M | $1.2M | 20x | as long as short |
| Bitget MARSCOINUSDT | +0.0100% | 4h | 0.1002 | +0.240% | $2.2M | $6.9M | 20x | as long as short |
| BingX MARSCOIN-USDTshort | +0.0100% | 4h | 0.1001 | +0.140% | — | $1.2M | — | |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.09999 | +0.060% | — | $779K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1004 | +0.520% | $100K | $702K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.09996 | +0.030% | $1.5M | $2.6M | 20x | as long as short |
| KuCoin MARSCOINUSDTM | +0.0130% | 4h | 0.09998 | +0.050% | $1.2M | $2.6M | 20x | as long as short |
| Gate MARSCOIN_USDT | +0.0300% | 4h | 0.09993 | 0.000% | $1.7M | $2.3M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MARSCOIN-USDT | +0.0340% | 4h | 0.1000 | +0.100% | $1.1M | $381K | 20x | as long as short |
| Bybit MARSCOINUSDTlong | +0.0810% | 4h | 0.09993 | long leg | $6.9M | $14.2M | 20x |
Bybit MARSCOINUSDT
BingX MARSCOIN-USDT
Aster MARSCOINUSDT
Binance MARSCOINUSDT
MEXC MARSCOIN_USDT
Bitget MARSCOINUSDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
KuCoin MARSCOINUSDTM
Gate MARSCOIN_USDT
BloFin MARSCOIN-USDT