Funding you earn now, next payment 04:00 UTC+0.0273%/8h= +29.9% APRnext payment +$1.36 per $10,000 · paid last 24h +0.012%
Price spread now: BingX against Bybit+0.093%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now +0.093%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.093% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of 0.000%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.184% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUBARAKUSDT | 0.04709 | 0.0101 | pay 0.0051% / 4h | 28m 10s | $3.5M | $11.5M | 25x |
| Short | BingX MUBARAK-USDT | 0.04713 | 0.0374 | get 0.0187% / 4h | 28m 10s | — | $3.2M | — |
Bybit MUBARAKUSDT
BingX MUBARAK-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
- $57.3
- Price spread: +0.093% → 0.000%
- $9.34
- Slippage, 4 orders
- −$106.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$60.41
- Costs to cover
- 1.271%
- Break-even
- 14.4 days
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 6 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 | 3.48 bp | 47.8 bp −$48 | 157.1 bp −$1,571 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 6.38 bp | 19.3 bp −$19 | 48.0 bp −$480 | 253.8 bp −$25.4K | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04710 | +0.021% | $2.9M | $60.0M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04758 | +1.042% | $12K | $55K | — | as long as short |
| Bybit MUBARAKUSDTlong | +0.0101% | 4h | 0.04709 | long leg | $3.5M | $11.5M | 25x | |
| Binance MUBARAKUSDT | +0.0201% | 4h | 0.04717 | +0.180% | $18.0M | $94.8M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0206% | 4h | 0.04721 | +0.263% | $928K | $1.5M | 50x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0346% | 4h | 0.04712 | +0.072% | $1.7M | $1.2M | 30x | as long as short |
| BingX MUBARAK-USDTshort | +0.0374% | 4h | 0.04713 | +0.093% | — | $3.2M | — | |
| Bitget MUBARAKUSDT | +0.0402% | 4h | 0.04715 | +0.136% | $3.0M | $7.7M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0486% | 4h | 0.04723 | +0.316% | $16K | $464K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.1342% | 4h | 0.04718 | +0.200% | $7.5M | $5.4M | 50x | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
KuCoin MUBARAKUSDTM
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
Gate MUBARAK_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.4188% | 1h | 0.04718 | +0.193% | $57K | $442K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD