Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.055%
Price spread now: Bybit against BingX+0.180%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1821.823% of the position
Funding, last 7 days−0.306%−$31 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.180%, 7d avg +0.156%
=The price spread pays, funding is against you. Bybit is 0.024% dearer against BingX than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of +0.156%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000MOG-USDT | 0.0000001220 | 0.0200 | pay 0.0100% / 4h | 2h 31m | — | $1.4M | — |
| Short | Bybit 1000000MOGUSDT | 0.0000001222 | 0.0100 | get 0.0050% / 4h | 2h 31m | $1.7M | $2.3M | 50x |
BingX 1000000MOG-USDT
Bybit 1000000MOGUSDTFunding 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
- −$21
- Price spread: +0.180% → +0.156%
- $2.44
- Slippage, 4 orders
- −$161.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$200.9
- Costs to cover
- 1.823%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 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, 5 min ago | 12.27 bp | 38.2 bp −$38 | 182.3 bp −$1,823 | 697.9 bp −$69.8K | 976.8 bp −$488.4K |
| Sell Bybit live order book, 1 min ago | 12.27 bp | 53.2 bp −$53 | 141.6 bp −$1,416 | doesn't fit | doesn't fit |
MOG 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000MOG_USDC-PERPETUAL | −0.3832% | 1h | 0.0000001220 | 0.000% | $32K | $30K | 10x | as long as short |
| Binance 1000000MOGUSDT | +0.0100% | 4h | 0.0000001220 | −0.006% | $1.2M | $3.9M | 50x | as long as short |
| Bybit 1000000MOGUSDTshort | +0.0100% | 4h | 0.0000001222 | +0.180% | $1.7M | $2.3M | 50x | |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001219 | −0.082% | $447K | $341K | 25x | as long as short |
| MEXC 1000000MOG_USDT | +0.0100% | 4h | 0.0000001219 | −0.082% | $724K | $219K | 100x | as long as short |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001217 | −0.246% | $342K | $164K | 50x | as long as short |
| BingX 1000000MOG-USDTlong | +0.0200% | 4h | 0.0000001220 | long leg | — | $1.4M | — | |
| Kraken Futures PF_MOGUSD | +0.0681% | 1h | 0.0000001218 | −0.172% | $49K | $41K | 10x | as long as short |
| Variational Omni 1000000MOG | +0.0746% | 4h | 0.0000001223 | +0.230% | $5K | $12K | — | as long as short |
| KuCoin 1000000MOGUSDTM | +0.1738% | 4h | 0.0000001220 | 0.000% | $673K | $147K | 30x | as long as short |
Deribit 1000MOG_USDC-PERPETUAL
Binance 1000000MOGUSDT
Gate MOG_USDT
MEXC 1000000MOG_USDT
Bitget 1000000MOGUSDT
Kraken Futures PF_MOGUSD
Variational Omni 1000000MOG
KuCoin 1000000MOGUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000MOG-PERP-INTX | +0.2088% | 1h | 0.0000001208 | −0.984% | $67K | $10K | 25x | as long as short |
Coinbase International 1000MOG-PERP-INTX