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: BingX against Bybit−0.061%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1991.989% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.061%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.030% cheaper against Bybit than usual: you would sell low and buy high, −$3 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 | Bybit PORTALUSDT | 0.01974 | 0.0100 | pay 0.0050% / 4h | 45m 05s | $1.3M | $896K | 20x |
| Short | BingX PORTAL-USDT | 0.01973 | 0.0100 | get 0.0050% / 4h | 45m 05s | — | $1.3M | — |
Bybit PORTALUSDT
BingX PORTAL-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: −0.061% → −0.031%
- −$2.98
- Slippage, 4 orders
- −$177.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$201.93
- Costs to cover
- 1.989%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: 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 Bybit live order book, 1 min ago | 1.01 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.07 bp | 18.6 bp −$19 | 89.3 bp −$893 | 714.9 bp −$71.5K | 885.0 bp −$442.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PORTAL-USDT | +0.0054% | 4h | 0.01969 | −0.263% | $204K | $17K | 10x | as long as short |
| Aster PORTALUSDT | +0.0100% | 4h | 0.01972 | −0.090% | $12K | $41K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.01975 | +0.017% | $3.2M | $5.2M | 10x | as long as short |
| Bybit PORTALUSDTlong | +0.0100% | 4h | 0.01974 | long leg | $1.3M | $896K | 20x | |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.01974 | −0.010% | $893K | $388K | 50x | as long as short |
| KuCoin PORTALUSDTM | +0.0100% | 4h | 0.01971 | −0.162% | $339K | $114K | 10x | as long as short |
| BingX PORTAL-USDTshort | +0.0100% | 4h | 0.01973 | −0.061% | — | $1.3M | — | |
| Variational Omni PORTAL | +0.0100% | 4h | 0.01972 | −0.125% | $1K | $6K | — | as long as short |
| Kraken Futures PF_PORTALUSD | +0.0710% | 1h | 0.01975 | +0.028% | $40K | $203K | 10x | as long as short |
BloFin PORTAL-USDT
Aster PORTALUSDT
Binance PORTALUSDT
MEXC PORTAL_USDT
KuCoin PORTALUSDTM
Variational Omni PORTAL
Kraken Futures PF_PORTALUSD