Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 159.28 | +0.0050 | pay 0.0050% / 8h | 6h 02m | $996K | $663K | — | Long BingX | |
| SHORT | 159.41 | 0 | 0.0000% / 8h | 6h 02m | $373K | $187K | 25x | Short Bybit |
Price gap+0.082%
Funding gap−0.0050% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 7.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0050% /8h now · paid −0.079% over the last 7D
Price+$11spread +0.082% now, avg −0.031% → +0.112% if it goes back
Costs−$1371.368% of $10k · taker + slippage, in and out
Result−$133−1.33%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+0.082%
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
/8hXBI on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size13.5 / 89.5 bpAt $10k entering Bybit costs 89.5 bp, fee and slippage, 6.6× BingX’s.
- 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.
- OK: Entry gap works for you+0.082% vs −0.031%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$373K vs $996K 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−0.0037%/8h × 21 periods−$7.86
Price spread+0.082% → −0.031% (7d avg)+$11.22
Slippage, 4 orderslive order books−$115.82
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$133.46
Costs to cover1.368%Break-evennever at this rate
Slippage: BingX: live order book, 60 min ago; Bybit: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.5113.5 bp−$1349.1 bp−$491178.7 bp−$17.9K701.3 bp−$350.6K
SELL · SHORTBybit3.1489.5 bp−$89doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.