Funding you earn now, next payment 04:00 UTC+0.0398%/8h= +43.6% APRnext payment +$1.99 per $10,000 · paid last 24h +0.141%
Price spread now: BingX against Bybit+0.430%7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$353as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as in the Price arb table
costs, in and out, $10k−$3883.884% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 7 days−0.508%−$51 · spread now +0.430%, 7d avg +0.145%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.285% dearer against Bybit than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.145%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NAORISUSDT | 0.03723 | 0.0100 | pay 0.0050% / 4h | 51m 21s | $1.1M | $486K | 20x |
| Short | BingX NAORIS-USDT | 0.03739 | 0.0498 | get 0.0249% / 4h | 51m 21s | — | $1.3M | — |
Bybit NAORISUSDT
BingX NAORIS-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
- $83.58
- Price spread: +0.430% → +0.145%
- $28.5
- Slippage, 4 orders
- −$367.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$276.31
- Costs to cover
- 3.884%
- Break-even
- 30.1 days
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 8 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, 4 min ago | 10.74 bp | 134.8 bp −$135 | 5981.3 bp −$59.8K | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.41 bp | 57.1 bp −$57 | 323.3 bp −$3,233 | 1323.5 bp −$132.4K | 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 NAORISUSDTlong | +0.0100% | 4h | 0.03723 | long leg | $1.1M | $486K | 20x | |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03734 | +0.295% | $291K | $14K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03738 | +0.403% | $441K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03741 | +0.483% | $3.3M | $239K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03724 | +0.024% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0357% | 4h | 0.03732 | +0.231% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDTshort | +0.0498% | 4h | 0.03739 | +0.430% | — | $1.3M | — | |
| MEXC NAORIS_USDT | +0.0534% | 4h | 0.03727 | +0.107% | $4.3M | $216K | 100x | as long as short |
| Extended NAORIS-USD | +0.0544% | 1h | 0.03739 | +0.420% | $2K | $94K | 5x | as long as short |
| Binance NAORISUSDT | +0.0546% | 4h | 0.03740 | +0.447% | $5.0M | $1.3M | 10x | as long as short |
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
MEXC NAORIS_USDT
Extended NAORIS-USD
Binance NAORISUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0561% | 4h | 0.03736 | +0.349% | $289K | $10K | 10x | as long as short |
BloFin NAORIS-USDT