Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against BingX0.000%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3313.305% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now 0.000%, 7d avg −0.012%
=The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 10000NEX-USDT | 0.000001089 | 0.0070 | pay 0.0035% / 4h | 3h 33m | — | $1.6M | — |
| Short | Bybit 10000NEXUSDT | 0.000001089 | 0.0100 | get 0.0050% / 4h | 3h 33m | $354K | $40K | 10x |
BingX 10000NEX-USDT
Bybit 10000NEXUSDTFunding 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
- $6.3
- Price spread: 0.000% → −0.012%
- $1.19
- Slippage, 4 orders
- −$309.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$323.02
- Costs to cover
- 3.305%
- Break-even
- 365.9 days
Slippage from BingX: live order book, 13 min ago; Bybit: 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 BingX live order book, 13 min ago | 9.19 bp | 58.2 bp −$58 | 244.9 bp −$2,449 | 431.9 bp −$43.2K | 771.0 bp −$385.5K |
| Sell Bybit live order book, 11 min ago | 13.79 bp | 99.3 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
NEX on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 10000NEX-USDTlong | +0.0070% | 4h | 0.000001089 | long leg | — | $1.6M | — | |
| Aster 1000NEXUSDT | +0.0100% | 1h | 0.000001080 | −0.848% | $2K | $925 | 3x | as long as short |
| Bybit 10000NEXUSDTshort | +0.0100% | 4h | 0.000001089 | 0.000% | $354K | $40K | 10x | |
| MEXC NEX_USDT | +0.0100% | 4h | 0.000001088 | −0.092% | $117K | $96K | 20x | as long as short |
| KuCoin NEXUSDTM | +0.0100% | 4h | 0.000001086 | −0.275% | $166K | $613K | 10x | as long as short |
| Bitget 10000NEXUSDT | +0.0100% | 4h | 0.000001088 | −0.092% | $120K | $40K | 20x | as long as short |
Aster 1000NEXUSDT
MEXC NEX_USDT
KuCoin NEXUSDTM
Bitget 10000NEXUSDT