Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.061%
Price spread now: BingX against Bybit−0.164%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1511.505% of the position
Funding, last 7 days+0.312%+$31 on $10k
+Price spread, last 7 days+0.063%+$6 · spread now −0.164%, 7d avg −0.136%
=Funding pays, the price is against you. BingX is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of −0.136%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000000MOGUSDT | 0.0000001221 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $1.7M | $2.2M | 50x |
| Short | BingX 1000000MOG-USDT | 0.0000001219 | 0.0200 | get 0.0100% / 4h | 1h 58m | — | $1.4M | — |
Funding 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
- $21
- Price spread: −0.164% → −0.136%
- −$2.74
- Slippage, 4 orders
- −$129.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$132.24
- Costs to cover
- 1.505%
- Break-even
- 51.1 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 11 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 | 8.18 bp | 55.2 bp −$55 | 213.7 bp −$2,137 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 8.20 bp | 34.0 bp −$34 | 144.3 bp −$1,443 | 618.0 bp −$61.8K | 1135.2 bp −$567.6K |
MOG on 12 exchanges
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 | −0.4640% | 1h | 0.0000001221 | 0.000% | $32K | $20K | 10x | as long as short |
| Coinbase International 1000MOG-PERP-INTX | −0.2024% | 1h | 0.0000001215 | −0.491% | $67K | $10K | 25x | as long as short |
| Binance 1000000MOGUSDT | +0.0100% | 4h | 0.0000001220 | −0.086% | $1.1M | $4.0M | 50x | as long as short |
| Bybit 1000000MOGUSDTlong | +0.0100% | 4h | 0.0000001221 | long leg | $1.7M | $2.2M | 50x | |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001219 | −0.164% | $452K | $336K | 25x | as long as short |
| MEXC 1000000MOG_USDT | +0.0100% | 4h | 0.0000001219 | −0.164% | $678K | $237K | 100x | as long as short |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001220 | −0.082% | $346K | $169K | 50x | as long as short |
| BloFin 1000000MOG-USDT | +0.0110% | 4h | 0.0000001217 | −0.328% | $74K | $21K | 50x | as long as short |
| BingX 1000000MOG-USDTshort | +0.0200% | 4h | 0.0000001219 | −0.164% | — | $1.4M | — | |
| Variational Omni 1000000MOG | +0.0298% | 4h | 0.0000001220 | −0.064% | $7K | $13K | — | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MOGUSD | +0.0454% | 1h | 0.0000001218 | −0.205% | $49K | $41K | 10x | as long as short |
| KuCoin 1000000MOGUSDTM | +0.1142% | 4h | 0.0000001221 | 0.000% | $667K | $136K | 30x | as long as short |
Bybit 1000000MOGUSDT
BingX 1000000MOG-USDT
Deribit 1000MOG_USDC-PERPETUAL
Coinbase International 1000MOG-PERP-INTX
Binance 1000000MOGUSDT
Gate MOG_USDT
MEXC 1000000MOG_USDT
Bitget 1000000MOGUSDT
BloFin 1000000MOG-USDT
Variational Omni 1000000MOG
Kraken Futures PF_MOGUSD
KuCoin 1000000MOGUSDTM