Funding you earn now, next payment 00:00 UTC−0.0111%/8h= −12.1% APRnext payment −$0.55 per $10,000 · paid last 24h −0.077%
Price spread now: Bybit against BingX+0.238%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1961.963% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.238%, 7d avg +0.110%
=The price spread pays, funding is against you. Bybit is 0.128% dearer against BingX than usual: you sell high and buy low (spread +0.238% now, against its 7-day average of +0.110%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 7 days (−0.072% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TOSHI-USDT | 0.0001259 | 0.0212 | pay 0.0106% / 4h | 1h 51m | — | $6.5M | — |
| Short | Bybit 1000TOSHIUSDT | 0.0001262 | 0.0101 | get 0.0051% / 4h | 1h 51m | $706K | $491K | 25x |
BingX TOSHI-USDT
Bybit 1000TOSHIUSDTFunding 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
- −$23.23
- Price spread: +0.238% → +0.110%
- $12.83
- Slippage, 4 orders
- −$175.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$206.75
- Costs to cover
- 1.963%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Bybit: live order book, 23 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, 14 min ago | 11.90 bp | 34.7 bp −$35 | 161.6 bp −$1,616 | 719.1 bp −$71.9K | doesn't fit |
| Sell Bybit live order book, 23 min ago | 7.89 bp | 68.3 bp −$68 | 530.0 bp −$5,300 | doesn't fit | doesn't fit |
TOSHI 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TOSHI-USDT | +0.0060% | 4h | 0.0001261 | +0.159% | $73K | $14K | 50x | as long as short |
| Aster TOSHIUSDT | +0.0100% | 4h | 0.0001259 | −0.008% | $49K | $22K | 5x | as long as short |
| Binance TOSHIUSDT | +0.0100% | 4h | 0.0001259 | −0.016% | $1.1M | $1.7M | 50x | as long as short |
| Gate TOSHI_USDT | +0.0100% | 8h | 0.0001258 | −0.079% | $156K | $39K | 50x | as long as short |
| MEXC TOSHI_USDT | +0.0100% | 4h | 0.0001258 | −0.079% | $556K | $151K | 50x | as long as short |
| KuCoin TOSHIUSDTM | +0.0100% | 4h | 0.0001261 | +0.159% | $141K | $20K | 30x | as long as short |
| Bybit 1000TOSHIUSDTshort | +0.0101% | 4h | 0.0001262 | +0.238% | $706K | $491K | 25x | |
| BingX TOSHI-USDTlong | +0.0212% | 4h | 0.0001259 | long leg | — | $6.5M | — | |
| Bitget TOSHIUSDT | +0.0228% | 4h | 0.0001260 | +0.079% | $539K | $424K | 20x | as long as short |
BloFin TOSHI-USDT
Aster TOSHIUSDT
Binance TOSHIUSDT
Gate TOSHI_USDT
MEXC TOSHI_USDT
KuCoin TOSHIUSDTM
Bitget TOSHIUSDT