Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h +0.084%
Price spread now: BingX against Bybit+0.291%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$788as in the Funding arb table
Net, price: spread back to 7d avg − costs−$799as in the Price arb table
costs, in and out, $10k−$8198.191% of the position
Funding, last 7 days+0.310%+$31 on $10k
+Price spread, last 7 days−0.303%−$30 · spread now +0.291%, 7d avg +0.089%
=The price spread pays, funding is against you. BingX is 0.203% dearer against Bybit than usual: you sell high and buy low (spread +0.291% now, against its 7-day average of +0.089%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days. Mind the row above: over the last 7 days funding on this pair paid +0.310%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.02232 | 0.0647 | pay 0.0323% / 4h | 2h 09m | $3.0M | $1.6M | 5x |
| Short | BingX 4-USDT | 0.02239 | 0.0614 | get 0.0307% / 4h | 2h 09m | — | $1.4M | — |
Bybit 4USDT
BingX 4-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$6.84
- Price spread: +0.291% → +0.089%
- $20.26
- Slippage, 4 orders
- −$798.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$805.73
- Costs to cover
- 8.191%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 8 min ago; BingX: live order book, 7 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 Bybit live order book, 8 min ago | 3.57 bp | 349.5 bp −$350 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 30.32 bp | 49.9 bp −$50 | 118.1 bp −$1,181 | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02233 | +0.027% | $54K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02239 | +0.300% | $2K | $968K | 20x | as long as short |
| MEXC 4_USDT | +0.0348% | 4h | 0.02235 | +0.121% | $2.1M | $816K | 100x | as long as short |
| Binance 4USDT | +0.0348% | 4h | 0.02234 | +0.063% | $8.7M | $10.4M | 20x | as long as short |
| Aster 4USDT | +0.0420% | 4h | 0.02233 | +0.040% | $254K | $92K | 5x | as long as short |
| Gate 4_USDT | +0.0552% | 4h | 0.02236 | +0.175% | $610K | $230K | 20x | as long as short |
| KuCoin 4USDTM | +0.0588% | 4h | 0.02231 | −0.058% | $917K | $13.2M | 20x | as long as short |
| BingX 4-USDTshort | +0.0614% | 4h | 0.02239 | +0.291% | — | $1.4M | — | |
| Bybit 4USDTlong | +0.0647% | 4h | 0.02232 | long leg | $3.0M | $1.6M | 5x |
Variational Omni 4
SunX 4-USDT
MEXC 4_USDT
Binance 4USDT
Aster 4USDT
Gate 4_USDT
KuCoin 4USDTM