Funding you earn now, next payment 04:00 UTC+0.2008%/8h= +219.9% APRnext payment +$10.04 per $10,000 · paid last 24h +0.227%
Price spread now: BingX against Bybit−0.155%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$557as in the Funding arb table
Net, price: spread back to 7d avg − costs−$675as in the Price arb table
costs, in and out, $10k−$6736.734% of the position
Funding, last 7 days+1.162%+$116 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.155%, 7d avg −0.143%
=The price spread sits at its 7-day average of −0.143%, so right now this pair is about funding alone: +$60 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.162% in total (about 60.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPORTFUNUSDT | 0.01940 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $397K | $43K | 20x |
| Short | BingX SPORTFUN-USDT | 0.01937 | 0.2108 | get 0.1054% / 4h | 2h 22m | — | $1.6M | — |
Bybit SPORTFUNUSDT
BingX SPORTFUN-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
- $421.68
- Price spread: −0.155% → −0.143%
- −$1.16
- Slippage, 4 orders
- −$652.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$252.88
- Costs to cover
- 6.734%
- Break-even
- 11.2 days
Slippage from Bybit: live order book, 37 min ago; BingX: 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 Bybit live order book, 37 min ago | 7.72 bp | 311.5 bp −$312 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 7.73 bp | 78.8 bp −$79 | 240.4 bp −$2,404 | doesn't fit | doesn't fit |
SPORTFUN on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPORTFUNUSDTlong | +0.0100% | 4h | 0.01940 | long leg | $397K | $43K | 20x | |
| KuCoin SPORTFUNUSDTM | +0.1410% | 4h | 0.01944 | +0.206% | $222K | $4K | 20x | as long as short |
| BingX SPORTFUN-USDTshort | +0.2108% | 4h | 0.01937 | −0.155% | — | $1.6M | — | |
| Binance SPORTFUNUSDT | +0.2174% | 4h | 0.01935 | −0.283% | $2.1M | $651K | 10x | as long as short |
| MEXC SPORTFUN_USDT | +0.2184% | 4h | 0.01933 | −0.361% | $307K | $120K | 20x | as long as short |
KuCoin SPORTFUNUSDTM
Binance SPORTFUNUSDT
MEXC SPORTFUN_USDT