Funding you earn now, next payment 04:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.51 per $10,000 · paid last 24h +0.029%
Price spread now: BingX against Bybit+0.186%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2872.868% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 7 days−0.117%−$12 · spread now +0.186%, 7d avg +0.064%
=The price spread pays, funding is against you. BingX is 0.122% dearer against Bybit than usual: you sell high and buy low (spread +0.186% now, against its 7-day average of +0.064%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.230%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QUSDT | 0.02574 | 0.0935 | pay 0.0467% / 4h | 30m 14s | $1.6M | $384K | 13x |
| Short | BingX Q-USDT | 0.02579 | 0.0832 | get 0.0416% / 4h | 30m 14s | — | $1.3M | — |
Bybit QUSDT
BingX Q-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
- −$21.61
- Price spread: +0.186% → +0.064%
- $12.24
- Slippage, 4 orders
- −$265.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$296.22
- Costs to cover
- 2.868%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 15 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 | 1.94 bp | 73.3 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 22.94 bp | 102.3 bp −$102 | 196.8 bp −$1,968 | 1200.4 bp −$120.0K | 1486.1 bp −$743.1K |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02575 | +0.031% | $1.2M | $289K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02569 | −0.175% | $682K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02570 | −0.159% | $2.3M | $134K | 20x | as long as short |
| BloFin Q-USDT | +0.0572% | 4h | 0.02578 | +0.144% | $385K | $72K | 40x | as long as short |
| MEXC Q_USDT | +0.0590% | 4h | 0.02577 | +0.109% | $122K | $88K | 50x | as long as short |
| Binance QUSDT | +0.0590% | 4h | 0.02577 | +0.121% | $7.1M | $1.3M | 20x | as long as short |
| Extended Q-USD | +0.0592% | 1h | 0.02576 | +0.077% | $8K | $160K | 5x | as long as short |
| Aster QUSDT | +0.0734% | 4h | 0.02569 | −0.199% | $59K | $47K | 5x | as long as short |
| BingX Q-USDTshort | +0.0832% | 4h | 0.02579 | +0.186% | — | $1.3M | — | |
| Variational Omni Q | +0.0908% | 4h | 0.02575 | +0.021% | $620 | $2K | — | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
BloFin Q-USDT
MEXC Q_USDT
Binance QUSDT
Extended Q-USD
Aster QUSDT
Variational Omni QShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDTlong | +0.0935% | 4h | 0.02574 | long leg | $1.6M | $384K | 13x |