Funding you earn now, next payment 08:00 UTC+0.0332%/8h= +36.3% APRnext payment +$1.66 per $10,000 · paid last 24h +0.472%
Price spread now: Bybit against BingX−0.356%7-day average −0.230% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1021.022% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 7 days+0.188%+$19 · spread now −0.356%, 7d avg −0.230%
=Funding pays, the price is against you. Bybit is 0.127% cheaper against BingX than usual: you would sell low and buy high (spread −0.356% now, against its 7-day average of −0.230%). If the spread goes back, that is −$13 on $10k: about 31 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1964 | 0.1898 | pay 0.0949% / 4h | 1h 08m | — | $6.7M | — |
| Short | Bybit SOONUSDT | 0.1957 | 0.2230 | get 0.1115% / 4h | 1h 08m | $2.6M | $1.3M | 25x |
BingX SOON-USDT
Bybit SOONUSDTFunding 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
- $69.68
- Price spread: −0.356% → −0.230%
- −$12.66
- Slippage, 4 orders
- −$81.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.16
- Costs to cover
- 1.022%
- Break-even
- 11.5 days
Slippage from BingX: live order book, 14 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, 14 min ago | 2.56 bp | 17.2 bp −$17 | 66.8 bp −$668 | 811.0 bp −$81.1K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.11 bp | 27.3 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1968 | +0.178% | $1.8M | $3.5M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0256% | 1h | 0.1965 | +0.054% | $11K | $3K | 10x | as long as short |
| Extended SOON-USD | +0.0360% | 1h | 0.1966 | +0.125% | $7K | $188K | 5x | as long as short |
| Binance SOONUSDT | +0.0369% | 4h | 0.1967 | +0.153% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0511% | 4h | 0.1966 | +0.102% | $2.0M | $515K | 20x | as long as short |
| Aster SOONUSDT | +0.0880% | 4h | 0.1963 | −0.049% | $191K | $3K | 5x | as long as short |
| Gate SOON_USDT | +0.0892% | 4h | 0.1964 | 0.000% | $3.2M | $146K | 50x | as long as short |
| Bitget SOONUSDT | +0.1082% | 4h | 0.1967 | +0.153% | $9.2M | $307K | 25x | as long as short |
| Variational Omni SOON | +0.1400% | 4h | 0.1958 | −0.324% | $241K | $20K | — | as long as short |
| BingX SOON-USDTlong | +0.1898% | 4h | 0.1964 | long leg | — | $6.7M | — |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Aster SOONUSDT
Gate SOON_USDT
Bitget SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDTshort | +0.2230% | 4h | 0.1957 | −0.356% | $2.6M | $1.3M | 25x |