Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.355%
Price spread now: Bybit against BingX−0.094%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2532.530% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days+0.598%+$60 · spread now −0.094%, 7d avg +0.123%
=Funding pays, the price is against you. Bybit is 0.217% cheaper against BingX than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.123%). If the spread goes back, that is −$22 on $10k: about 24 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.026% in total) that is about 58 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POWR-USDT | 0.06370 | 0.0070 | pay 0.0035% / 4h | 3h 23m | — | $1.3M | — |
| Short | Bybit POWRUSDT | 0.06364 | 0.0100 | get 0.0050% / 4h | 3h 23m | $916K | $539K | 13x |
BingX POWR-USDT
Bybit POWRUSDTFunding 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: −0.094% → +0.123%
- −$21.69
- Slippage, 4 orders
- −$231.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$268.37
- Costs to cover
- 2.530%
- Break-even
- 305.2 days
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 32 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, 7 min ago | 8.69 bp | 34.0 bp −$34 | 136.0 bp −$1,360 | 490.0 bp −$49.0K | 546.2 bp −$273.1K |
| Sell Bybit live order book, 32 min ago | 3.93 bp | 104.2 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
POWR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX POWR-USDTlong | +0.0070% | 4h | 0.06370 | long leg | — | $1.3M | — | |
| Aster POWRUSDT | +0.0100% | 4h | 0.06370 | −0.002% | $13K | $44K | 5x | as long as short |
| Binance POWRUSDT | +0.0100% | 4h | 0.06376 | +0.094% | $1.4M | $2.2M | 50x | as long as short |
| Bybit POWRUSDTshort | +0.0100% | 4h | 0.06364 | −0.094% | $916K | $539K | 13x | |
| Gate POWR_USDT | +0.0100% | 4h | 0.06350 | −0.314% | $106K | $28K | 10x | as long as short |
| MEXC POWR_USDT | +0.0100% | 4h | 0.06373 | +0.047% | $1.1M | $112K | 50x | as long as short |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06388 | +0.283% | $643K | $104K | 30x | as long as short |
| Bitget POWRUSDT | +0.0100% | 4h | 0.06370 | 0.000% | $371K | $202K | 50x | as long as short |
| Variational Omni POWR | +0.0450% | 4h | 0.06342 | −0.443% | $508 | $2K | — | as long as short |
| Kraken Futures PF_POWRUSD | +0.1181% | 1h | 0.06397 | +0.420% | $16K | $11K | 10x | as long as short |
Aster POWRUSDT
Binance POWRUSDT
Gate POWR_USDT
MEXC POWR_USDT
KuCoin POWRUSDTM
Bitget POWRUSDT
Variational Omni POWR
Kraken Futures PF_POWRUSD