Funding you earn now, next payment 04:00 UTC−0.0203%/8h= −22.2% APRnext payment −$1.02 per $10,000 · paid last 24h −0.438%
Price spread now: BingX against Bybit+0.457%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2432.426% of the position
Funding, last 7 days−0.389%−$39 on $10k
+Price spread, last 4 days (all we have)−0.693%−$69 · spread now +0.457%, 7d avg +0.099%
=The price spread pays, funding is against you. BingX is 0.358% dearer against Bybit than usual: you sell high and buy low (spread +0.457% now, against its 7-day average of +0.099%): +$36 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRUSTUSDT | 0.06124 | 0.2887 | pay 0.1444% / 4h | 30m 05s | $542K | $446K | 25x |
| Short | BingX TRUST-USDT | 0.06152 | 0.2684 | get 0.1342% / 4h | 30m 05s | — | $6.5M | — |
Bybit TRUSTUSDT
BingX TRUST-USDTFunding 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
- −$42.64
- Price spread: +0.457% → +0.099%
- $35.78
- Slippage, 4 orders
- −$221.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$249.5
- Costs to cover
- 2.426%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 20 min ago; BingX: live order book, 5 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, 20 min ago | 9.83 bp | 69.9 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 9.79 bp | 57.7 bp −$58 | 132.6 bp −$1,326 | 1202.9 bp −$120.3K | doesn't fit |
TRUST 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRUSTUSDT | +0.0100% | 4h | 0.06140 | +0.261% | $10K | $7K | 5x | as long as short |
| Binance TRUSTUSDT | +0.0100% | 4h | 0.06155 | +0.508% | $1.7M | $1.9M | 10x | as long as short |
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06143 | +0.310% | $111K | $291K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06124 | 0.000% | $501K | $28K | 10x | as long as short |
| MEXC TRUST_USDT | +0.0100% | 4h | 0.06154 | +0.490% | $214K | $104K | 50x | as long as short |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.06148 | +0.392% | $299K | $730K | 10x | as long as short |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06171 | +0.767% | $670K | $70K | 10x | as long as short |
| BingX TRUST-USDTshort | +0.2684% | 4h | 0.06152 | +0.457% | — | $6.5M | — | |
| Bybit TRUSTUSDTlong | +0.2887% | 4h | 0.06124 | long leg | $542K | $446K | 25x | |
| Variational Omni TRUST | +0.3383% | 4h | 0.06126 | +0.040% | $56K | $409 | — | as long as short |
Aster TRUSTUSDT
Binance TRUSTUSDT
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
MEXC TRUST_USDT
KuCoin TRUSTUSDTM
Bitget TRUSTUSDT
Variational Omni TRUST