Funding you earn now, next payment 12:00 UTC+0.0352%/8h= +38.6% APRnext payment +$1.76 per $10,000 · paid last 24h −0.016%
Price spread now: Bybit against BingX+0.072%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2832.833% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.072%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bybit is 0.047% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACT-USDT | 0.01118 | 0.0268 | pay 0.0134% / 4h | 3h 58m | — | $1.2M | — |
| Short | Bybit ACTUSDT | 0.01119 | 0.0620 | get 0.0310% / 4h | 3h 58m | $668K | $460K | 25x |
BingX ACT-USDT
Bybit ACTUSDTFunding 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
- $73.95
- Price spread: +0.072% → +0.025%
- $4.65
- Slippage, 4 orders
- −$262.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$204.74
- Costs to cover
- 2.833%
- Break-even
- 26.4 days
Slippage from BingX: live order book, 12 min ago; Bybit: live order book, 31 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, 12 min ago | 4.47 bp | 23.6 bp −$24 | 252.7 bp −$2,527 | 647.1 bp −$64.7K | 1046.1 bp −$523.0K |
| Sell Bybit live order book, 31 min ago | 5.85 bp | 126.6 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01117 | −0.160% | $2.2M | $2.4M | 10x | as long as short |
| OKX ACT-USDT-SWAP | +0.0100% | 4h | 0.01119 | +0.089% | $809K | $1.5M | 10x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01117 | −0.116% | $145K | $108K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01117 | −0.098% | $6.5M | $113K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01118 | −0.027% | $270K | $76K | 10x | as long as short |
| BingX ACT-USDTlong | +0.0268% | 4h | 0.01118 | long leg | — | $1.2M | — | |
| Bybit ACTUSDTshort | +0.0620% | 4h | 0.01119 | +0.072% | $668K | $460K | 25x |
Binance ACTUSDT
OKX ACT-USDT-SWAP
Gate ACT_USDT
MEXC ACT_USDT
Bitget ACTUSDT