Funding you earn now, next payment 04:00 UTC−0.0233%/8h= −25.6% APRnext payment −$1.17 per $10,000 · paid last 24h −0.124%
Price spread now: Bybit against BingX−0.122%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2592.587% of the position
Funding, last 7 days−0.837%−$84 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now −0.122%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.091% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAC-USDT | 0.001634 | 0.0552 | pay 0.0276% / 4h | 1h 18m | — | $1.3M | — |
| Short | Bybit TACUSDT | 0.001632 | 0.0319 | get 0.0159% / 4h | 1h 18m | $1.2M | $193K | 5x |
BingX TAC-USDT
Bybit TACUSDTFunding 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
- −$49.01
- Price spread: −0.122% → −0.032%
- −$9.08
- Slippage, 4 orders
- −$237.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$316.78
- Costs to cover
- 2.587%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 2 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, 3 min ago | 6.12 bp | 22.7 bp −$23 | 83.6 bp −$836 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.06 bp | 113.7 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
TAC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TAC | +0.0129% | 4h | 0.001632 | −0.110% | $16 | — | — | as long as short |
| Bybit TACUSDTshort | +0.0319% | 4h | 0.001632 | −0.122% | $1.2M | $193K | 5x | |
| KuCoin TACUSDTM | +0.0326% | 4h | 0.001628 | −0.367% | $1.4M | $192K | 10x | as long as short |
| Aster TACUSDT | +0.0497% | 4h | 0.001634 | +0.001% | $23K | $10K | 5x | as long as short |
| BingX TAC-USDTlong | +0.0552% | 4h | 0.001634 | long leg | — | $1.3M | — | |
| MEXC TAC_USDT | +0.0602% | 4h | 0.001632 | −0.122% | $479K | $133K | 50x | as long as short |
| Binance TACUSDT | +0.0606% | 4h | 0.001633 | −0.073% | $2.8M | $2.2M | 10x | as long as short |
| Extended TAC-USD | +0.0608% | 1h | 0.001633 | −0.089% | $4K | $147K | 5x | as long as short |
| BloFin TAC-USDT | +0.0639% | 4h | 0.001637 | +0.184% | $184K | $4K | 10x | as long as short |
| Gate TAC_USDT | +0.0698% | 4h | 0.001634 | 0.000% | $255K | $183K | 10x | as long as short |
Variational Omni TAC
KuCoin TACUSDTM
Aster TACUSDT
MEXC TAC_USDT
Binance TACUSDT
Extended TAC-USD
BloFin TAC-USDT
Gate TAC_USDT