Funding you earn now, next payment 04:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.37 per $10,000 · paid last 24h −0.048%
Price spread now: Bybit against BingX−0.129%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$405as in the Price arb table
costs, in and out, $10k−$4074.071% of the position
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now −0.129%, 7d avg −0.154%
=The price spread pays, funding is against you. Bybit is 0.025% dearer against BingX than usual: you sell high and buy low (spread −0.129% now, against its 7-day average of −0.154%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.377% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TA-USDT | 0.05440 | 0.0173 | pay 0.0087% / 4h | 2h 10m | — | $2.3M | — |
| Short | Bybit TAUSDT | 0.05433 | 0.0100 | get 0.0050% / 4h | 2h 10m | $2.0M | $102K | 5x |
Funding 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
- −$15.37
- Price spread: −0.129% → −0.154%
- $2.48
- Slippage, 4 orders
- −$386.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$420.01
- Costs to cover
- 4.071%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 1 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, 7 min ago | 7.31 bp | 70.3 bp −$70 | 393.4 bp −$3,934 | 1309.1 bp −$130.9K | 1434.8 bp −$717.4K |
| Sell Bybit live order book, 1 min ago | 4.60 bp | 132.2 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
TA on 8 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 TAUSDT | +0.0100% | 4h | 0.05448 | +0.156% | $18K | $3K | 5x | as long as short |
| Bybit TAUSDTshort | +0.0100% | 4h | 0.05433 | −0.129% | $2.0M | $102K | 5x | |
| Gate TA_USDT | +0.0100% | 4h | 0.05451 | +0.202% | $2.0M | $48K | 20x | as long as short |
| KuCoin TAUSDTM | +0.0100% | 4h | 0.05447 | +0.129% | $184K | $18K | 10x | as long as short |
| Variational Omni TA | +0.0100% | 4h | 0.05432 | −0.155% | $16K | $1 | — | as long as short |
| Binance TAUSDT | +0.0150% | 4h | 0.05449 | +0.165% | $6.4M | $899K | 10x | as long as short |
| MEXC TA_USDT | +0.0158% | 4h | 0.05447 | +0.129% | $153K | $86K | 50x | as long as short |
| BingX TA-USDTlong | +0.0173% | 4h | 0.05440 | long leg | — | $2.3M | — |
BingX TA-USDT
Bybit TAUSDT
Aster TAUSDT
Gate TA_USDT
KuCoin TAUSDTM
Variational Omni TA
Binance TAUSDT
MEXC TA_USDT