Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Bybit−0.061%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3173.170% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.061%, 7d avg −0.064%
=The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RAREUSDT | 0.01318 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $307K | $87K | 25x |
| Short | BingX RARE-USDT | 0.01317 | 0.0070 | get 0.0035% / 4h | 1h 35m | — | $1.3M | — |
Bybit RAREUSDT
BingX RARE-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
- −$6.3
- Price spread: −0.061% → −0.064%
- $0.33
- Slippage, 4 orders
- −$296.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$323.02
- Costs to cover
- 3.170%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 64 min ago; BingX: live order book, 10 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, 64 min ago | 6.08 bp | 130.5 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 7.57 bp | 31.0 bp −$31 | 100.8 bp −$1,008 | 701.2 bp −$70.1K | doesn't fit |
RARE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDTshort | +0.0070% | 4h | 0.01317 | −0.061% | — | $1.3M | — | |
| Aster RAREUSDT | +0.0100% | 4h | 0.01317 | −0.077% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01317 | −0.076% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDTlong | +0.0100% | 4h | 0.01318 | long leg | $307K | $87K | 25x | |
| Gate RARE_USDT | +0.0100% | 4h | 0.01318 | +0.015% | $49K | $27K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01317 | −0.061% | $620K | $169K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01317 | −0.061% | $201K | $71K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01316 | −0.137% | $232K | $71K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01318 | +0.043% | $1K | $2K | — | as long as short |
| BloFin RARE-USDT | +0.0143% | 4h | 0.01319 | +0.091% | $105K | $12K | 25x | as long as short |
Aster RAREUSDT
Binance RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RARE
BloFin RARE-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.2708% | 1h | 0.01329 | +0.854% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD