Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: BingX against Bybit+0.148%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2092.093% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.148%, 7d avg +0.141%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORDERUSDT | 0.04067 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $1.3M | $728K | 20x |
| Short | BingX ORDER-USDT | 0.04073 | 0.0100 | get 0.0050% / 4h | 2h 09m | — | $1.3M | — |
Bybit ORDERUSDT
BingX ORDER-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
- $0
- Price spread: +0.148% → +0.141%
- $0.61
- Slippage, 4 orders
- −$188.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$208.66
- Costs to cover
- 2.093%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: 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 Bybit live order book, 2 min ago | 4.92 bp | 63.5 bp −$63 | 316.4 bp −$3,164 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.10 bp | 49.1 bp −$49 | 157.5 bp −$1,575 | 595.3 bp −$59.5K | 863.1 bp −$431.6K |
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 | 0.04075 | +0.185% | $1.4M | $1.8M | 50x | as long as short |
| Bybit ORDERUSDTlong | +0.0100% | 8h | 0.04067 | long leg | $1.3M | $728K | 20x | |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04075 | +0.197% | $167K | $320K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04075 | +0.197% | $77K | $69K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04074 | +0.172% | $275K | $101K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04079 | +0.295% | $227K | $92K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04072 | +0.123% | $488K | $238K | 20x | as long as short |
| BingX ORDER-USDTshort | +0.0100% | 4h | 0.04073 | +0.148% | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04067 | +0.007% | $10K | $2K | — | as long as short |
| Orderly PERP_ORDER_USDC | +0.0749% | 4h | 0.04077 | +0.246% | $192K | $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