Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Bybit against BingX−0.123%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2112.113% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.123%, 7d avg −0.141%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDER-USDT | 0.04074 | 0.0100 | pay 0.0050% / 4h | 2h 11m | — | $1.3M | — |
| Short | Bybit ORDERUSDT | 0.04069 | 0.0100 | get 0.0100% / 8h | 6h 11m | $1.3M | $726K | 20x |
BingX ORDER-USDT
Bybit ORDERUSDTFunding 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
- $0
- Price spread: −0.123% → −0.141%
- $1.87
- Slippage, 4 orders
- −$190.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$209.47
- Costs to cover
- 2.113%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 6.10 bp | 40.6 bp −$41 | 155.8 bp −$1,558 | 676.0 bp −$67.6K | 923.7 bp −$461.8K |
| Sell Bybit live order book, 5 min ago | 3.67 bp | 61.4 bp −$61 | 277.5 bp −$2,775 | doesn't fit | doesn't fit |
ORDER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04079 | +0.124% | $1.4M | $1.8M | 50x | as long as short |
| Bybit ORDERUSDTshort | +0.0100% | 8h | 0.04069 | −0.123% | $1.3M | $726K | 20x | |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04078 | +0.098% | $167K | $321K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04077 | +0.074% | $77K | $69K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04072 | −0.049% | $275K | $101K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04083 | +0.221% | $229K | $92K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04072 | −0.049% | $488K | $238K | 20x | as long as short |
| BingX ORDER-USDTlong | +0.0100% | 4h | 0.04074 | long leg | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04067 | −0.165% | $10K | $2K | — | as long as short |
| Orderly PERP_ORDER_USDC | +0.0750% | 4h | 0.04080 | +0.147% | $193K | $201K | 10x | as long as short |
Binance ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDER
Orderly PERP_ORDER_USDC