Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.9700 | +0.0050 | pay 0.0050% / 8h | 3h 04m | $945K | $1.3M | — | Long BingX | |
| SHORT | 8.9600 | 0 | 0.0000% / 8h | 3h 04m | $55K | $48K | 25x | Short Bybit |
Price gap−0.111%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.111% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0050% /8h now · paid −0.105% over the last 7D
Price—spread −0.111% now · no price history on both exchanges yet
Costsno datano order book for Bybit
Result, before costs—no pointsneeds both price histories
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.111%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSSPC on 4 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Bybit: its slippage is not counted.
- Note: Margin at max leverage— + $400BingX —, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.50Long BingX: 3 payments, −$1.50; short Bybit: 3 payments, $0.00.
- Note: No 7-day spread history−0.111%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$55K vs $945K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bybit YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0050%/8h × 21 periods−$10.50
Price spread−0.111% → 0−$11.15
Slippage, 4 ordersno data for Bybit—
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$42.65
Costs to cover0.210%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; Bybit: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBingX27.89125.7 bp−$126310.0 bp−$3,100447.0 bp−$44.7K785.7 bp−$392.9K
SELL · SHORTBybit—————
Closing costs about the same again.
Bybit: no data.

