Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.075%
Price spread now: Bybit against BingX−0.060%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3813.808% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.060%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.020% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PTB-USDT | 0.0009938 | 0.0100 | pay 0.0050% / 4h | 2h 21m | — | $1.8M | — |
| Short | Bybit PTBUSDT | 0.0009932 | 0.0100 | get 0.0050% / 4h | 2h 21m | $1.4M | $12.7M | 25x |
BingX PTB-USDT
Bybit PTBUSDTFunding 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: −0.060% → −0.040%
- −$2.01
- Slippage, 4 orders
- −$359.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$382.86
- Costs to cover
- 3.808%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 4 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 | 3.05 bp | 26.7 bp −$27 | 109.0 bp −$1,090 | 986.0 bp −$98.6K | 1275.9 bp −$638.0K |
| Sell Bybit live order book, 4 min ago | 4.07 bp | 119.0 bp −$119 | 544.6 bp −$5,446 | doesn't fit | doesn't fit |
PTB on 10 exchanges
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 PTB-USDT | +0.0046% | 4h | 0.0009874 | −0.644% | $402K | $289K | 20x | as long as short |
| Binance PTBUSDT | +0.0100% | 4h | 0.0009945 | +0.070% | $6.9M | $76.9M | 20x | as long as short |
| Bybit PTBUSDTshort | +0.0100% | 4h | 0.0009932 | −0.060% | $1.4M | $12.7M | 25x | |
| Gate PTB_USDT | +0.0100% | 4h | 0.0009920 | −0.181% | $1.7M | $3.3M | 25x | as long as short |
| MEXC PTB_USDT | +0.0100% | 4h | 0.0009941 | +0.030% | $306K | $478K | 20x | as long as short |
| BingX PTB-USDTlong | +0.0100% | 4h | 0.0009938 | long leg | — | $1.8M | — | |
| Variational Omni PTB | +0.0100% | 4h | 0.0009812 | −1.268% | $24K | $64K | — | as long as short |
| KuCoin PTBUSDTM | +0.0102% | 4h | 0.0009920 | −0.181% | $1.5M | $5.5M | 20x | as long as short |
| Extended kPTB-USD | +0.0104% | 1h | 0.0009943 | +0.050% | $3K | $16K | 5x | as long as short |
| Aster PTBUSDT | +0.0216% | 4h | 0.0009931 | −0.070% | $58K | $644K | 5x | as long as short |
BloFin PTB-USDT
Binance PTBUSDT
Gate PTB_USDT
MEXC PTB_USDT
Variational Omni PTB
KuCoin PTBUSDTM
Extended kPTB-USD
Aster PTBUSDT