Funding you earn now, next payment 04:00 UTC−0.0474%/8h= −51.9% APRnext payment −$2.37 per $10,000 · paid last 24h −0.182%
Price spread now: Bybit against BingX−0.153%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2722.715% of the position
Funding, last 7 days−0.293%−$29 on $10k
+Price spread, last 7 days+0.147%+$15 · spread now −0.153%, 7d avg −0.076%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bybit is 0.077% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.076%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.293% in total (about -15.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.37 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 | BingX MAVIA-USDT | 0.03276 | 0.0574 | pay 0.0287% / 4h | 30m 35s | — | $1.2M | — |
| Short | Bybit MAVIAUSDT | 0.03271 | 0.0100 | get 0.0050% / 4h | 30m 35s | $1.3M | $318K | 25x |
BingX MAVIA-USDT
Bybit MAVIAUSDTFunding 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
- −$99.54
- Price spread: −0.153% → −0.076%
- −$7.69
- Slippage, 4 orders
- −$250.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$378.73
- Costs to cover
- 2.715%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Bybit: live order book, just now.
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, 14 min ago | 9.25 bp | 52.8 bp −$53 | 387.7 bp −$3,877 | 716.3 bp −$71.6K | doesn't fit |
| Sell Bybit live order book, just now | 10.69 bp | 73.3 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
MAVIA on 7 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 MAVIAUSDTshort | +0.0100% | 4h | 0.03271 | −0.153% | $1.3M | $318K | 25x | |
| Gate MAVIA_USDT | +0.0100% | 4h | 0.03277 | +0.031% | $128K | $66K | 25x | as long as short |
| KuCoin MAVIAUSDTM | +0.0100% | 4h | 0.03262 | −0.427% | $161K | $40K | 10x | as long as short |
| Variational Omni MAVIA | +0.0100% | 4h | 0.03274 | −0.063% | $3K | $22 | — | as long as short |
| BingX MAVIA-USDTlong | +0.0574% | 4h | 0.03276 | long leg | — | $1.2M | — | |
| Binance MAVIAUSDT | +0.0582% | 4h | 0.03276 | −0.009% | $1.6M | $972K | 10x | as long as short |
| MEXC MAVIA_USDT | +0.0586% | 4h | 0.03275 | −0.031% | $216K | $108K | 100x | as long as short |
Gate MAVIA_USDT
KuCoin MAVIAUSDTM
Variational Omni MAVIA
Binance MAVIAUSDT
MEXC MAVIA_USDT