Funding you earn now, next payment 00:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.33 per $10,000 · paid last 24h +0.772%
Price spread now: BingX against Bybit+0.055%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−$226as in the Price arb table
costs, in and out, $10k−$2152.150% of the position
Funding, last 4 days (all we have)+0.906%+$91 on $10k
+Price spread, last 4 days (all we have)+1.134%+$113 · spread now +0.055%, 7d avg +0.165%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.110% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.165%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.906%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STONKUSDT | 0.3666 | 0.1228 | pay 0.0614% / 4h | 1h 22m | $1.5M | $7.0M | 5x |
| Short | BingX STONK-USDT | 0.3668 | 0.1162 | get 0.0581% / 4h | 1h 22m | — | $949K | — |
Bybit STONKUSDT
BingX STONK-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
- −$13.77
- Price spread: +0.055% → +0.165%
- −$11.03
- Slippage, 4 orders
- −$193.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$239.78
- Costs to cover
- 2.150%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 21 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, 5 min ago | 5.41 bp | 61.8 bp −$62 | 322.9 bp −$3,229 | doesn't fit | doesn't fit |
| Sell BingX live order book, 21 min ago | 10.72 bp | 50.3 bp −$50 | 193.3 bp −$1,933 | 930.8 bp −$93.1K | 1294.9 bp −$647.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | −0.0904% | 4h | 0.3669 | +0.074% | $846K | $1.1M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3668 | +0.057% | $327K | $2.8M | 10x | as long as short |
| BingX STONK-USDTshort | +0.1162% | 4h | 0.3668 | +0.055% | — | $949K | — | |
| Bybit STONKUSDTlong | +0.1228% | 4h | 0.3666 | long leg | $1.5M | $7.0M | 5x | |
| Phoenix STONK | +0.1531% | 1h | 0.3691 | +0.671% | $193K | $231K | 3x | as long as short |
| BloFin STONK-USDT | +0.1588% | 4h | 0.3686 | +0.546% | $90K | $238K | 5x | as long as short |
| Gate STONK_USDT | +0.1790% | 4h | 0.3668 | +0.046% | $864K | $1.7M | 10x | as long as short |
| Aster STONKUSDT | +0.2697% | 1h | 0.3674 | +0.223% | $484K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.5112% | 1h | 0.3686 | +0.543% | $430K | $629K | 5x | as long as short |
MEXC STONK_USDT
Bitget STONKUSDT
Phoenix STONK
BloFin STONK-USDT
Gate STONK_USDT
Aster STONKUSDT
Lighter STONK