Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.065%
Price spread now: BingX against Bybit−0.087%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1671.674% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.087%, 7d avg −0.081%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WALUSDT | 0.03443 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $1.3M | $1.5M | 25x |
| Short | BingX WAL-USDT | 0.03440 | 0.0100 | get 0.0050% / 4h | 3h 42m | — | $6.6M | — |
Bybit WALUSDT
BingX WAL-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
- $0
- Price spread: −0.087% → −0.081%
- −$0.64
- Slippage, 4 orders
- −$146.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$168.01
- Costs to cover
- 1.674%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 4 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, 3 min ago | 4.38 bp | 62.2 bp −$62 | 350.7 bp −$3,507 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.84 bp | 27.0 bp −$27 | 84.9 bp −$849 | 562.6 bp −$56.3K | doesn't fit |
WAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WALUSDT | +0.0100% | 4h | 0.03441 | −0.053% | $2.3M | $6.3M | 75x | as long as short |
| Bybit WALUSDTlong | +0.0100% | 4h | 0.03443 | long leg | $1.3M | $1.5M | 25x | |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03439 | −0.116% | $221K | $859K | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03437 | −0.174% | $290K | $423K | 50x | as long as short |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03440 | −0.087% | $564K | $269K | 20x | as long as short |
| KuCoin WALUSDTM | +0.0100% | 4h | 0.03441 | −0.058% | $342K | $71K | 30x | as long as short |
| Bitget WALUSDT | +0.0100% | 4h | 0.03443 | 0.000% | $589K | $869K | 20x | as long as short |
| BingX WAL-USDTshort | +0.0100% | 4h | 0.03440 | −0.087% | — | $6.6M | — | |
| Variational Omni WAL | +0.0100% | 4h | 0.03423 | −0.582% | $20K | $7K | — | as long as short |
| Bluefin WAL-PERP | +0.0174% | 1h | 0.03444 | +0.029% | $32K | $759K | 20x | as long as short |
Binance WALUSDT
OKX WAL-USDT-SWAP
Gate WAL_USDT
MEXC WAL_USDT
KuCoin WALUSDTM
Bitget WALUSDT
Variational Omni WAL
Bluefin WAL-PERP