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: BingX against Bybit−0.067%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1321.323% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.067%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.024% cheaper against Bybit than usual: you would sell low and buy high, −$2 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 | Bybit MEUSDT | 0.07409 | 0.0100 | pay 0.0050% / 4h | 30m 49s | $1.5M | $650K | 25x |
| Short | BingX ME-USDT | 0.07404 | 0.0100 | get 0.0050% / 4h | 30m 49s | — | $1.3M | — |
Bybit MEUSDT
BingX ME-USDTFunding 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
- $0
- Price spread: −0.067% → −0.044%
- −$2.38
- Slippage, 4 orders
- −$111.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$134.71
- Costs to cover
- 1.323%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 14 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, 5 min ago | 4.73 bp | 44.8 bp −$45 | 293.2 bp −$2,932 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 4.04 bp | 26.2 bp −$26 | 88.3 bp −$883 | 570.7 bp −$57.1K | 826.3 bp −$413.1K |
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 | +0.0062% | 4h | 0.07412 | +0.040% | $109K | $7K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07405 | −0.054% | $233K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07405 | −0.048% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07406 | −0.040% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07409 | long leg | $1.5M | $650K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07405 | −0.054% | $477K | $1.0M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07410 | +0.013% | $189K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07407 | −0.027% | $503K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07409 | 0.000% | $207K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07411 | +0.027% | $645K | $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-USDTshort | +0.0100% | 4h | 0.07404 | −0.067% | — | $1.3M | — | |
| Variational Omni ME | +0.0100% | 4h | 0.07409 | −0.005% | $11K | $790 | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07407 | −0.032% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP