Settings8H · net · $10k
Funding arb · Price arb /

RPL

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Alert: funding
Alert: spread
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: Bybit against BingX+0.203%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2942.937% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.263%−$26 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.203%, 7d avg +0.085%
Together, before fees−0.438%−$44 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.118% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RPL-USDT1.97200.0100pay 0.0050% / 4h2h 09m$1.3M
ShortBybit RPLUSDT1.97600.0100get 0.0050% / 4h2h 09m$385K$249K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.203% → +0.085%
$11.77
Slippage, 4 orders
−$272.71
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$281.93
Costs to cover
2.937%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago7.60 bp36.9 bp −$37157.8 bp −$1,578700.3 bp −$70.0K1000.6 bp −$500.3K
Sell Bybit live order book, 50 min ago5.06 bp86.0 bp −$86doesn't fitdoesn't fitdoesn't fit

RPL on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RPL/USDC PERP+0.0033%1h1.9480−1.217%$201$4725.5xas long as short
Aster RPLUSDT+0.0100%4h1.9698−0.113%$99K$33K5xas long as short
Binance RPLUSDT+0.0100%4h1.9689−0.156%$1.2M$1.5M50xas long as short
Bybit RPLUSDTshort+0.0100%4h1.9760+0.203%$385K$249K20x
Gate RPL_USDT+0.0100%8h1.9710−0.051%$64K$27K20xas long as short
MEXC RPL_USDT+0.0100%4h1.9700−0.101%$321K$172K20xas long as short
Bitget RPLUSDT+0.0100%4h1.9700−0.101%$420K$169K50xas long as short
BingX RPL-USDTlong+0.0100%4h1.9720long leg$1.3M
Variational Omni RPL+0.0100%4h1.9777+0.287%$15K$2Kas long as short