Funding you earn now, next payment 04:00 UTC−0.0366%/8h= −40.1% APRnext payment −$1.83 per $10,000 · paid last 24h −0.141%
Price spread now: Bybit against BingX−0.022%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3833.833% of the position
Funding, last 7 days−0.352%−$35 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.022%, 7d avg −0.144%
=The price spread pays, funding is against you. Bybit is 0.122% dearer against BingX than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.144%): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.352% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NAORIS-USDT | 0.03720 | 0.0466 | pay 0.0233% / 4h | 1h 42m | — | $1.3M | — |
| Short | Bybit NAORISUSDT | 0.03719 | 0.0100 | get 0.0050% / 4h | 1h 42m | $1.1M | $492K | 20x |
BingX NAORIS-USDT
Bybit NAORISUSDTFunding 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
- −$76.86
- Price spread: −0.022% → −0.144%
- $12.24
- Slippage, 4 orders
- −$362.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$447.88
- Costs to cover
- 3.833%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 10.76 bp | 56.0 bp −$56 | 397.4 bp −$3,974 | 1130.1 bp −$113.0K | 1368.6 bp −$684.3K |
| Sell Bybit live order book, 3 min ago | 10.77 bp | 134.6 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDTshort | +0.0100% | 4h | 0.03719 | −0.022% | $1.1M | $492K | 20x | |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03714 | −0.161% | $289K | $16K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03724 | +0.108% | $439K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03727 | +0.188% | $3.3M | $239K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03715 | −0.138% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0360% | 4h | 0.03714 | −0.151% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDTlong | +0.0466% | 4h | 0.03720 | long leg | — | $1.3M | — | |
| MEXC NAORIS_USDT | +0.0488% | 4h | 0.03712 | −0.215% | $4.3M | $217K | 100x | as long as short |
| Binance NAORISUSDT | +0.0492% | 4h | 0.03721 | +0.024% | $5.0M | $1.3M | 10x | as long as short |
| Extended NAORIS-USD | +0.0496% | 1h | 0.03720 | −0.007% | $3K | $94K | 5x | as long as short |
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
MEXC NAORIS_USDT
Binance NAORISUSDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0501% | 4h | 0.03725 | +0.134% | $287K | $10K | 10x | as long as short |
BloFin NAORIS-USDT