Funding you earn now, next payment 00:00 UTC−0.2148%/8h= −235.2% APRnext payment −$10.74 per $10,000 · paid last 24h −0.772%
Price spread now: Bybit against BingX+0.080%7-day average −0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$2022.023% of the position
Funding, last 4 days (all we have)−0.906%−$91 on $10k
+Price spread, last 4 days (all we have)−1.269%−$127 · spread now +0.080%, 7d avg −0.165%
=The price spread pays, funding is against you. Bybit is 0.245% dearer against BingX than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.165%): +$25 on $10k if it goes back. Holding the pair costs −$64 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 4 days (−0.906% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STONK-USDT | 0.3740 | 0.3222 | pay 0.1611% / 4h | 1h 39m | — | $950K | — |
| Short | Bybit STONKUSDT | 0.3743 | 0.1074 | get 0.0537% / 4h | 1h 39m | $1.5M | $7.0M | 5x |
BingX STONK-USDT
Bybit STONKUSDTFunding 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
- −$451.06
- Price spread: +0.080% → −0.165%
- $24.51
- Slippage, 4 orders
- −$181.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$628.85
- Costs to cover
- 2.023%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago | 10.72 bp | 42.7 bp −$43 | 159.6 bp −$1,596 | 1428.9 bp −$142.9K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 8.01 bp | 52.2 bp −$52 | 271.0 bp −$2,710 | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0100% | 4h | 0.3739 | −0.024% | $334K | $2.8M | 10x | as long as short |
| Bybit STONKUSDTshort | +0.1074% | 4h | 0.3743 | +0.080% | $1.5M | $7.0M | 5x | |
| BloFin STONK-USDT | +0.1229% | 4h | 0.3736 | −0.107% | $90K | $241K | 5x | as long as short |
| Phoenix STONK | +0.1531% | 1h | 0.3742 | +0.059% | $193K | $231K | 3x | as long as short |
| Gate STONK_USDT | +0.1916% | 4h | 0.3752 | +0.313% | $886K | $1.7M | 10x | as long as short |
| BingX STONK-USDTlong | +0.3222% | 4h | 0.3740 | long leg | — | $950K | — | |
| Aster STONKUSDT | +0.3441% | 1h | 0.3759 | +0.518% | $494K | $1.2M | 10x | as long as short |
| MEXC STONK_USDT | +0.3984% | 4h | 0.3740 | 0.000% | $861K | $1.1M | 20x | as long as short |
| Lighter STONK | +0.5304% | 1h | 0.3751 | +0.291% | $437K | $629K | 5x | as long as short |
Bitget STONKUSDT
BloFin STONK-USDT
Phoenix STONK
Gate STONK_USDT
Aster STONKUSDT
MEXC STONK_USDT
Lighter STONK