Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Bybit−0.096%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,690as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,733as in the Price arb table
costs, in and out, $10k−$3,71937.189% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 4 days (all we have)+0.345%+$35 · spread now −0.096%, 7d avg +0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.141% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TOWNSUSDT | 0.002079 | 0.0100 | pay 0.0050% / 4h | 0m 47s | $381K | $116K | 5x |
| Short | BingX TOWNS-USDT | 0.002077 | 0.0100 | get 0.0050% / 4h | 0m 47s | — | $2.3M | — |
Funding 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
- $0
- Price spread: −0.096% → +0.045%
- −$14.09
- Slippage, 4 orders
- −$3,697.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$3,732.97
- Costs to cover
- 37.189%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 49 min ago; BingX: live order book, 8 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, 49 min ago | 9.69 bp | 2431.7 bp −$2,432 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.61 bp | 42.1 bp −$42 | 125.1 bp −$1,251 | 1356.0 bp −$135.6K | doesn't fit |
TOWNS on 12 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 TOWNSUSDT | +0.0100% | 4h | 0.002075 | −0.181% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002080 | +0.048% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDTlong | +0.0100% | 4h | 0.002079 | long leg | $381K | $116K | 5x | |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002078 | −0.048% | $71K | $15K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002082 | +0.144% | $401K | $122K | 100x | as long as short |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002080 | +0.048% | $248K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002073 | −0.289% | $339K | $38K | 5x | as long as short |
| BingX TOWNS-USDTshort | +0.0100% | 4h | 0.002077 | −0.096% | — | $2.3M | — | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002081 | +0.103% | $194 | $549 | — | as long as short |
| BloFin TOWNS-USDT | +0.0131% | 4h | 0.002083 | +0.192% | $132K | $4K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.0816% | 1h | 0.002074 | −0.241% | $77K | $3K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.3598% | 1h | 0.002087 | +0.385% | — | — | 25x | as long as short |
Bybit TOWNSUSDT
BingX TOWNS-USDT
Aster TOWNSUSDT
Binance TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
Variational Omni TOWNS
BloFin TOWNS-USDT
Coinbase International TOWNS-PERP-INTX
Deribit TOWNS_USDC-PERPETUAL