Funding you earn now, next payment 00:00 UTC−0.0129%/8h= −14.1% APRnext payment −$0.64 per $10,000 · paid last 24h −0.112%
Price spread now: Bybit against BingX−0.130%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,307as in the Price arb table
costs, in and out, $10k−$3,30733.066% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.130%, 7d avg −0.125%
=The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XNY-USDT | 0.006156 | 0.0230 | pay 0.0115% / 4h | 8m 45s | — | $1.3M | — |
| Short | Bybit XNYUSDT | 0.006148 | 0.0101 | get 0.0051% / 4h | 8m 45s | $430K | $29K | 5x |
BingX XNY-USDT
Bybit XNYUSDTFunding 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
- −$27.03
- Price spread: −0.130% → −0.125%
- −$0.49
- Slippage, 4 orders
- −$3,285.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$3,334.14
- Costs to cover
- 33.066%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 61 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 | 6.50 bp | 34.9 bp −$35 | 229.6 bp −$2,296 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 61 min ago | 7.32 bp | 1154.6 bp −$1,155 | doesn't fit | doesn't fit | doesn't fit |
XNY on 9 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 XNYUSDT | +0.0100% | 4h | 0.006146 | −0.161% | $5K | $3K | 5x | as long as short |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006141 | −0.244% | $280K | $12K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006151 | −0.079% | $51K | $1K | — | as long as short |
| Bybit XNYUSDTshort | +0.0101% | 4h | 0.006148 | −0.130% | $430K | $29K | 5x | |
| BloFin XNY-USDT | +0.0160% | 4h | 0.006160 | +0.065% | $216K | $6K | 10x | as long as short |
| MEXC XNY_USDT | +0.0216% | 4h | 0.006152 | −0.065% | $159K | $95K | 100x | as long as short |
| Binance XNYUSDT | +0.0223% | 4h | 0.006157 | +0.011% | $3.6M | $874K | 10x | as long as short |
| BingX XNY-USDTlong | +0.0230% | 4h | 0.006156 | long leg | — | $1.3M | — | |
| Gate XNY_USDT | +0.0516% | 4h | 0.006173 | +0.276% | $204K | $13K | 10x | as long as short |
Aster XNYUSDT
KuCoin XNYUSDTM
Variational Omni XNY
BloFin XNY-USDT
MEXC XNY_USDT
Binance XNYUSDT
Gate XNY_USDT