Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.006%
Price spread now: BingX against Bybit−0.113%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1561.565% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.113%, 7d avg −0.040%
=Funding pays, the price is against you. BingX is 0.073% cheaper against Bybit than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.040%). If the spread goes back, that is −$7 on $10k: about 4.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEMEUSDT | 0.0006180 | 0.0042 | pay 0.0021% / 4h | 2h 54m | $1.3M | $609K | 50x |
| Short | BingX MEME-USDT | 0.0006173 | 0.0100 | get 0.0050% / 4h | 2h 54m | — | $2.4M | — |
Bybit MEMEUSDT
BingX MEME-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
- $12.24
- Price spread: −0.113% → −0.040%
- −$7.31
- Slippage, 4 orders
- −$135.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$151.56
- Costs to cover
- 1.565%
- Break-even
- 93.7 days
Slippage from Bybit: live order book, 1 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, 1 min ago | 3.24 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 8.83 bp | 24.8 bp −$25 | 54.6 bp −$546 | 389.9 bp −$39.0K | 455.2 bp −$227.6K |
MEME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0006170 | −0.162% | — | — | 100x | as long as short |
| Bybit MEMEUSDTlong | +0.0042% | 4h | 0.0006180 | long leg | $1.3M | $609K | 50x | |
| BloFin MEME-USDT | +0.0043% | 4h | 0.0006177 | −0.049% | $130K | $6K | 50x | as long as short |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006180 | 0.000% | $572K | $162K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006186 | +0.097% | $2.5M | $4.7M | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006170 | −0.162% | $640K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006174 | −0.097% | $431K | $73K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006189 | +0.146% | $931K | $359K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006182 | +0.032% | $185K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006185 | +0.081% | $445K | $771K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
BloFin MEME-USDT
Hyperliquid MEME
Binance MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MEME-USDTshort | +0.0100% | 4h | 0.0006173 | −0.113% | — | $2.4M | — |