Settings8H · net · $10k
Funding arb · Price arb /

TA

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.397%−$40 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TA-USDT0.054400.0173pay 0.0087% / 4h2h 10m$2.3M
ShortBybit TAUSDT0.054330.0100get 0.0050% / 4h2h 10m$2.0M$102K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago7.31 bp70.3 bp −$70393.4 bp −$3,9341309.1 bp −$130.9K1434.8 bp −$717.4K
Sell Bybit live order book, 1 min ago4.60 bp132.2 bp −$132doesn't fitdoesn't fitdoesn't fit

TA on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TAUSDT+0.0100%4h0.05448+0.156%$18K$3K5xas long as short
Bybit TAUSDTshort+0.0100%4h0.05433−0.129%$2.0M$102K5x
Gate TA_USDT+0.0100%4h0.05451+0.202%$2.0M$48K20xas long as short
KuCoin TAUSDTM+0.0100%4h0.05447+0.129%$184K$18K10xas long as short
Variational Omni TA+0.0100%4h0.05432−0.155%$16K$1as long as short
Binance TAUSDT+0.0150%4h0.05449+0.165%$6.4M$899K10xas long as short
MEXC TA_USDT+0.0158%4h0.05447+0.129%$153K$86K50xas long as short
BingX TA-USDTlong+0.0173%4h0.05440long leg$2.3M