XLP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitXLPUSDT	80.610	−0.0404	get 0.0404% / 8h	54m 30s	$68K	$10K	25x	Long Bybit
SHORT	BingXNCSKXLP2USD-USDT	80.530	−0.0295	pay 0.0295% / 8h	54m 30s	$283K	$1.2M	—	Short BingX

Price gap−0.099%

Funding gap+0.0109% /8h

Funding pays +$3 a day on $10k, but the gap is 0.099% under zero (no 7-day history yet): −$10 if it goes back, about 3.0 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$36+0.0109% /8h now · paid +0.365% over the last 7D

Price—spread −0.099% 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 · history

Entry / 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−0.099%

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

/8h

XLP on 2 exchanges

lowest funding first

Before 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$400 + —
Bybit 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$3.28Long Bybit: 3 payments, +$12.13; short BingX: 3 payments, −$8.85.
Note: No 7-day spread history−0.099%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$68K vs $283K OI
Bybit sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBybit Yes · BingX Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0174%/8h × 21 periods+$36.46

Price spread−0.099% → 0−$9.92

Slippage, 4 ordersno data for Bybit—

Fee Bybit bp × 2 orders−$11.00

Fee BingX bp × 2 orders−$10.00

Net, fees only · 7 days · $10k+$5.54

Costs to cover0.210%Break-even5.9 days

Slippage: Bybit: no order-book sample; BingX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit—————

SELL · SHORTBingX6.2191.8 bp−$92209.4 bp−$2,094409.7 bp−$41.0K748.0 bp−$374.0K

Closing costs about the same again.
Bybit: no data.

XLP