Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%
Price spread now: Bybit against BingX−0.029%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1841.840% of the position
Funding, last 7 days−0.347%−$35 on $10k
+Price spread, last 7 days+0.090%+$9 · spread now −0.029%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.071% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XCN-USDT | 0.004421 | 0.0100 | pay 0.0050% / 4h | 53m 48s | — | $1.6M | — |
| Short | Bybit XCNUSDT | 0.004420 | 0.0100 | get 0.0050% / 4h | 53m 48s | $1.0M | $1.5M | 5x |
BingX XCN-USDT
Bybit XCNUSDTFunding 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
- $0
- Price spread: −0.029% → +0.042%
- −$7.1
- Slippage, 4 orders
- −$163.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$191.11
- Costs to cover
- 1.840%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 2 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, 7 min ago | 2.26 bp | 38.9 bp −$39 | 395.4 bp −$3,954 | 896.5 bp −$89.7K | 1148.7 bp −$574.4K |
| Sell Bybit live order book, 2 min ago | 2.26 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
XCN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XCN_USDT | +0.0064% | 4h | 0.004406 | −0.339% | $351K | $95K | 10x | as long as short |
| Aster XCNUSDT | +0.0100% | 1h | 0.004425 | +0.089% | $9K | $4K | 3x | as long as short |
| Bybit XCNUSDTshort | +0.0100% | 4h | 0.004420 | −0.029% | $1.0M | $1.5M | 5x | |
| MEXC XCN_USDT | +0.0100% | 4h | 0.004426 | +0.113% | $2.3M | $158K | 20x | as long as short |
| BingX XCN-USDTlong | +0.0100% | 4h | 0.004421 | long leg | — | $1.6M | — | |
| Variational Omni XCN | +0.0100% | 4h | 0.004426 | +0.119% | $10K | $511 | — | as long as short |
| Kraken Futures PF_XCNUSD | +0.0170% | 1h | 0.004421 | −0.003% | $2K | $2K | 10x | as long as short |
Gate XCN_USDT
Aster XCNUSDT
MEXC XCN_USDT
Variational Omni XCN
Kraken Futures PF_XCNUSD