Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against BingX+0.143%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.143%, 7d avg +0.102%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.041% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STO-USDT | 0.04198 | 0.0252 | pay 0.0126% / 4h | 30m 26s | — | $6.5M | — |
| Short | Bybit STOUSDT | 0.04204 | 0.0356 | get 0.0178% / 4h | 30m 26s | $718K | $268K | 13x |
BingX STO-USDT
Bybit STOUSDTFunding 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
- $21.87
- Price spread: +0.143% → +0.102%
- $4.09
- Slippage, 4 orders
- −$129.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$124.67
- Costs to cover
- 1.506%
- Break-even
- 46.9 days
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 24 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, 5 min ago | 5.99 bp | 26.7 bp −$27 | 90.0 bp −$900 | 875.7 bp −$87.6K | doesn't fit |
| Sell Bybit live order book, 24 min ago | 5.97 bp | 44.1 bp −$44 | 255.4 bp −$2,554 | doesn't fit | doesn't fit |
STO on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STOUSDT | +0.0100% | 4h | 0.04192 | −0.143% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04193 | −0.119% | $3.4M | $1.4M | 20x | as long as short |
| Gate STO_USDT | +0.0100% | 4h | 0.04185 | −0.310% | $252K | $116K | 25x | as long as short |
| MEXC STO_USDT | +0.0100% | 4h | 0.04195 | −0.071% | $778K | $102K | 50x | as long as short |
| Bitget STOUSDT | +0.0100% | 4h | 0.04195 | −0.071% | $322K | $27K | 10x | as long as short |
| BingX STO-USDTlong | +0.0252% | 4h | 0.04198 | long leg | — | $6.5M | — | |
| Bybit STOUSDTshort | +0.0356% | 4h | 0.04204 | +0.143% | $718K | $268K | 13x | |
| Variational Omni STO | +0.0416% | 4h | 0.04198 | +0.006% | $4K | $213 | — | as long as short |
| KuCoin STOUSDTM | +0.0830% | 4h | 0.04195 | −0.071% | $997K | $17K | 25x | as long as short |
Aster STOUSDT
Binance STOUSDT
Gate STO_USDT
MEXC STO_USDT
Bitget STOUSDT
Variational Omni STO
KuCoin STOUSDTM