Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 38.290 | 0 | 0.0000% / 8h | 1h 52m | $144K | $49K | 25x | Long Bybit | |
| SHORT | 38.230 | −0.0050 | pay 0.0050% / 8h | 1h 52m | $998K | $679K | — | Short BingX |
Price gap−0.157%
Funding gap−0.0050% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$104−0.0050% /8h now · paid −1.044% over the last 7D
Price−$2spread −0.157% now, avg −0.141% → −0.015% if it goes back
Costs−$4204.199% of $10k · taker + slippage, in and out
Result−$526−5.26%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.157%
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
/8hTBT on 10 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size162.3 / 29.5 bpAt $10k entering Bybit costs 162.3 bp, fee and slippage, 5.5× BingX’s.
- Note: Margin at max leverage$400 + —Bybit 25x, BingX —. 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 Bybit: 3 payments, $0.00; short BingX: 3 payments, −$1.50.
- Note: Gap at its usual level−0.157% vs −0.141%The price leg adds little either way.
- Watch: Long leg is thinner$144K vs $998K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · BingX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0497%/8h × 21 periods−$104.43
Price spread−0.157% → −0.141% (7d avg)−$1.53
Slippage, 4 orderslive order books−$398.93
Fee Bybit bp × 2 orders−$11.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$525.88
Costs to cover4.199%Break-evennever at this rate
Slippage: Bybit: live order book, 6 min ago; BingX: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit7.83162.3 bp−$162doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX3.9329.5 bp−$30101.9 bp−$1,019395.3 bp−$39.5K837.9 bp−$419.0K
Closing costs about the same again.
TBT news
posts that mention TBT, from every exchange| 11-04 18:03 | Variational Omni | Listing | ProShares UltraShort 20+ Year Treasury $TBT perps are now live with zero fees and up to 10x leverage. @variational_io on X ↗ |
| 11-04 07:12 | Variational Omni | Listing | new market TBT ($TBT) seen by our collector |
Variational Omni