Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.012%
Price spread now: BingX against Bybit−0.097%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2142.145% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.097%, 7d avg +0.020%
=Funding pays, the price is against you. BingX is 0.117% cheaper against Bybit than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.020%). If the spread goes back, that is −$12 on $10k: about 22 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.012% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 10000SATSUSDT | 0.00000001232 | 0.0100 | pay 0.0050% / 4h | 2m 22s | $282K | $883K | 13x |
| Short | BingX 10000SATS-USDT | 0.00000001231 | 0.0118 | get 0.0059% / 4h | 2m 22s | — | $5.8M | — |
Bybit 10000SATSUSDT
BingX 10000SATS-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
- $3.78
- Price spread: −0.097% → +0.020%
- −$11.72
- Slippage, 4 orders
- −$193.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$222.42
- Costs to cover
- 2.145%
- Break-even
- 418.9 days
Slippage from Bybit: live order book, 53 min ago; BingX: live order book, 8 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, 53 min ago | 6.10 bp | 78.5 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 8.09 bp | 31.8 bp −$32 | 137.0 bp −$1,370 | 718.8 bp −$71.9K | doesn't fit |
SATS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SATSUSDT | +0.0100% | 4h | 0.00000001232 | −0.016% | $2.1M | $5.4M | 25x | as long as short |
| Bybit 10000SATSUSDTlong | +0.0100% | 4h | 0.00000001232 | long leg | $282K | $883K | 13x | |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001229 | −0.260% | $360K | $249K | 25x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001231 | −0.097% | $199K | $88K | 10x | as long as short |
| Bitget 1000SATSUSDT | +0.0100% | 4h | 0.00000001232 | −0.016% | $719K | $242K | 25x | as long as short |
| MEXC SATS_USDT | +0.0118% | 8h | 0.00000001230 | −0.179% | $373K | $185K | 100x | as long as short |
| BingX 10000SATS-USDTshort | +0.0118% | 4h | 0.00000001231 | −0.097% | — | $5.8M | — | |
| OKX SATS-USDT-SWAP | +0.0124% | 8h | 0.00000001233 | +0.041% | $822K | $3.0M | 10x | as long as short |
Binance 1000SATSUSDT
Gate SATS_USDT
KuCoin 10000SATSUSDTM
Bitget 1000SATSUSDT
MEXC SATS_USDT
OKX SATS-USDT-SWAP