Funding you earn now, next payment 00:00 UTC+0.0306%/8h= +33.5% APRnext payment +$1.53 per $10,000 · paid last 24h +0.095%
Price spread now: BingX against Bybit+0.024%7-day average −0.195% · you sell dearer than you buy
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3523.521% of the position
Funding, last 7 days+0.255%+$25 on $10k
+Price spread, last 7 days−0.151%−$15 · spread now +0.024%, 7d avg −0.195%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.219% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.195%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUSDT | 0.01646 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $3.3M | $841K | 20x |
| Short | BingX US-USDT | 0.01646 | 0.0406 | get 0.0203% / 4h | 2h 15m | — | $1.3M | — |
Bybit USUSDT
BingX US-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
- $64.26
- Price spread: +0.024% → −0.195%
- $21.89
- Slippage, 4 orders
- −$331.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$265.95
- Costs to cover
- 3.521%
- Break-even
- 36.0 days
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 11 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, 2 min ago | 6.07 bp | 151.2 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 5.47 bp | 42.3 bp −$42 | 137.1 bp −$1,371 | 936.4 bp −$93.6K | 1247.1 bp −$623.5K |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0034% | 4h | 0.01644 | −0.103% | $4.2M | $275K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01644 | −0.115% | $12K | $54K | 5x | as long as short |
| Binance USUSDT | +0.0100% | 4h | 0.01646 | +0.036% | $9.2M | $3.1M | 10x | as long as short |
| Bybit USUSDTlong | +0.0100% | 4h | 0.01646 | long leg | $3.3M | $841K | 20x | |
| Gate US_USDT | +0.0100% | 4h | 0.01644 | −0.091% | $2.1M | $546K | 20x | as long as short |
| MEXC US_USDT | +0.0100% | 4h | 0.01647 | +0.061% | $5.5M | $117K | 100x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01646 | +0.056% | $16K | $3K | — | as long as short |
| Extended US-USD | +0.0104% | 1h | 0.01646 | +0.022% | $4K | $141K | 5x | as long as short |
| BloFin US-USDT | +0.0116% | 4h | 0.01647 | +0.091% | $478K | $49K | 10x | as long as short |
| BingX US-USDTshort | +0.0406% | 4h | 0.01646 | +0.024% | — | $1.3M | — |
KuCoin USUSDTM
Aster USUSDT
Binance USUSDT
Gate US_USDT
MEXC US_USDT
Variational Omni US
Extended US-USD
BloFin US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0416% | 4h | 0.01646 | +0.018% | $4.3M | $243K | 10x | as long as short |
Bitget USUSDT