Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.110%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2032.030% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.110%, 7d avg +0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.080% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PORTAL-USDT | 0.01991 | 0.0100 | pay 0.0050% / 4h | 3h 59m | — | $1.3M | — |
| Short | Bybit PORTALUSDT | 0.01993 | 0.0100 | get 0.0050% / 4h | 3h 59m | $1.3M | $897K | 20x |
BingX PORTAL-USDT
Bybit PORTALUSDTFunding 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: +0.110% → +0.031%
- $7.95
- Slippage, 4 orders
- −$181.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$195
- Costs to cover
- 2.030%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 1 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, 6 min ago | 5.03 bp | 16.0 bp −$16 | 105.0 bp −$1,050 | 671.2 bp −$67.1K | 856.8 bp −$428.4K |
| Sell Bybit live order book, 1 min ago | 3.01 bp | 89.0 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
PORTAL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PORTALUSDT | +0.0100% | 4h | 0.01991 | −0.001% | $13K | $41K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.01991 | 0.000% | $3.3M | $5.2M | 10x | as long as short |
| Bybit PORTALUSDTshort | +0.0100% | 4h | 0.01993 | +0.110% | $1.3M | $897K | 20x | |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.01990 | −0.050% | $895K | $394K | 50x | as long as short |
| BingX PORTAL-USDTlong | +0.0100% | 4h | 0.01991 | long leg | — | $1.3M | — | |
| Variational Omni PORTAL | +0.0100% | 4h | 0.01991 | +0.023% | $1K | $6K | — | as long as short |
| KuCoin PORTALUSDTM | +0.0130% | 4h | 0.01993 | +0.100% | $340K | $116K | 10x | as long as short |
| BloFin PORTAL-USDT | +0.0142% | 4h | 0.01990 | −0.050% | $207K | $18K | 10x | as long as short |
| Kraken Futures PF_PORTALUSD | +0.0704% | 1h | 0.01992 | +0.050% | $40K | $209K | 10x | as long as short |
Aster PORTALUSDT
Binance PORTALUSDT
MEXC PORTAL_USDT
Variational Omni PORTAL
KuCoin PORTALUSDTM
BloFin PORTAL-USDT
Kraken Futures PF_PORTALUSD