Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BingX−0.014%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.014%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.058% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ME-USDT | 0.07353 | 0.0100 | pay 0.0050% / 4h | 1h 00m | — | $1.3M | — |
| Short | Bybit MEUSDT | 0.07352 | 0.0100 | get 0.0050% / 4h | 1h 00m | $1.5M | $648K | 25x |
BingX ME-USDT
Bybit MEUSDTFunding 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
- $0
- Price spread: −0.014% → +0.044%
- −$5.79
- Slippage, 4 orders
- −$149.65
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$176.44
- Costs to cover
- 1.707%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 1 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, 11 min ago | 4.79 bp | 23.0 bp −$23 | 96.6 bp −$966 | 615.8 bp −$61.6K | 840.8 bp −$420.4K |
| Sell Bybit live order book, 1 min ago | 4.76 bp | 63.4 bp −$63 | 318.8 bp −$3,188 | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0070% | 4h | 0.07341 | −0.163% | $107K | $7K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07350 | −0.041% | $231K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07345 | −0.115% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07355 | +0.026% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDTshort | +0.0100% | 4h | 0.07352 | −0.014% | $1.5M | $648K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07357 | +0.054% | $463K | $990K | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07350 | −0.041% | $189K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07354 | +0.014% | $494K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07334 | −0.258% | $204K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07358 | +0.068% | $639K | $416K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDTlong | +0.0100% | 4h | 0.07353 | long leg | — | $1.3M | — | |
| Variational Omni ME | +0.0100% | 4h | 0.07338 | −0.211% | $11K | $1K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07353 | +0.006% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP