Funding you earn now, next payment 04:00 UTC−0.0107%/8h= −11.7% APRnext payment −$0.53 per $10,000 · paid last 24h −0.472%
Price spread now: BingX against Bybit+0.471%7-day average +0.225% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
Funding, last 7 days−0.351%−$35 on $10k
+Price spread, last 7 days−0.287%−$29 · spread now +0.471%, 7d avg +0.225%
=The price spread pays, funding is against you. BingX is 0.246% dearer against Bybit than usual: you sell high and buy low (spread +0.471% now, against its 7-day average of +0.225%): +$25 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOONUSDT | 0.1953 | 0.3033 | pay 0.1516% / 4h | 2h 07m | $2.6M | $1.2M | 25x |
| Short | BingX SOON-USDT | 0.1962 | 0.2926 | get 0.1463% / 4h | 2h 07m | — | $6.7M | — |
Bybit SOONUSDT
BingX SOON-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
- −$22.42
- Price spread: +0.471% → +0.225%
- $24.63
- Slippage, 4 orders
- −$89.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$107.99
- Costs to cover
- 1.102%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 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, 4 min ago | 5.11 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 7.62 bp | 22.8 bp −$23 | 76.2 bp −$762 | 882.6 bp −$88.3K | 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 | 0.1967 | +0.737% | $1.8M | $3.2M | 50x | as long as short |
| Extended SOON-USD | +0.0512% | 1h | 0.1965 | +0.603% | $6K | $194K | 5x | as long as short |
| Binance SOONUSDT | +0.0512% | 4h | 0.1965 | +0.625% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0551% | 4h | 0.1965 | +0.625% | $2.0M | $460K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0703% | 1h | 0.1960 | +0.394% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDT | +0.1016% | 4h | 0.1962 | +0.471% | $3.2M | $118K | 50x | as long as short |
| Aster SOONUSDT | +0.1036% | 4h | 0.1966 | +0.667% | $191K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1044% | 4h | 0.1966 | +0.676% | $9.2M | $255K | 25x | as long as short |
| Variational Omni SOON | +0.2634% | 4h | 0.1957 | +0.198% | $241K | $20K | — | as long as short |
| BingX SOON-USDTshort | +0.2926% | 4h | 0.1962 | +0.471% | — | $6.7M | — |
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDTlong | +0.3033% | 4h | 0.1953 | long leg | $2.6M | $1.2M | 25x |