Funding you earn now, next payment 04:00 UTC+0.0868%/8h= +95.0% APRnext payment +$4.34 per $10,000 · paid last 24h +0.241%
Price spread now: Bybit against BingX−0.087%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs+$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1031.031% of the position
Funding, last 7 days+2.697%+$270 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.087%, 7d avg −0.001%
=Funding pays, the price is against you. Bybit is 0.086% cheaper against BingX than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.001%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$26 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 0G-USDT | 0.2302 | −0.0768 | get 0.0384% / 4h | 41m 59s | — | $6.5M | — |
| Short | Bybit 0GUSDT | 0.2300 | 0.0100 | get 0.0050% / 4h | 41m 59s | $2.3M | $2.2M | 50x |
Funding 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
- $182.28
- Price spread: −0.087% → −0.001%
- −$8.63
- Slippage, 4 orders
- −$82.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $70.59
- Costs to cover
- 1.031%
- Break-even
- 4.3 days
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 5 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, 9 min ago | 6.49 bp | 25.0 bp −$25 | 52.6 bp −$526 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.34 bp | 28.2 bp −$28 | 188.4 bp −$1,884 | doesn't fit | doesn't fit |
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDTlong | −0.0768% | 4h | 0.2302 | long leg | — | $6.5M | — | |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2299 | −0.128% | $2K | — | 100x | as long as short |
| BloFin 0G-USDT | +0.0065% | 4h | 0.2308 | +0.261% | $328K | $9K | 50x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2304 | +0.078% | $16K | $43K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2302 | +0.014% | $6.8M | $8.2M | 50x | as long as short |
| Bybit 0GUSDTshort | +0.0100% | 4h | 0.2300 | −0.087% | $2.3M | $2.2M | 50x | |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2301 | −0.043% | $882K | $2.2M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2301 | −0.043% | $590K | $148K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2301 | −0.043% | $2.0M | $198K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2303 | +0.043% | $1.9M | $697K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack 0G_USDC_PERP | +0.0100% | 1h | 0.2303 | +0.043% | $31K | $54K | 5x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2299 | −0.127% | $12K | $3K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2299 | −0.130% | $18K | $622K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0158% | 4h | 0.2304 | +0.087% | $2.4M | $2.4M | 50x | as long as short |
| Hyperliquid 0G | +0.0959% | 1h | 0.2305 | +0.126% | $2.5M | $484K | 3x | as long as short |
| Lighter 0G | +0.1512% | 1h | 0.2307 | +0.217% | $48K | $98K | 3x | as long as short |
BingX 0G-USDT
Bybit 0GUSDT
GMX 0G/USD [WBTC.b-USDC]
BloFin 0G-USDT
Aster 0GUSDT
Binance 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Bitget 0GUSDT
Backpack 0G_USDC_PERP
Variational Omni 0G
ApeX Omni 0GUSDT
KuCoin 0GUSDTM
Hyperliquid 0G
Lighter 0G