Funding you earn now, next payment 00:00 UTC−0.0252%/8h= −27.6% APRnext payment −$1.26 per $10,000 · paid last 24h +0.079%
Price spread now: BingX against Bybit+0.008%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1881.876% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.008%, 7d avg +0.054%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BingX is 0.045% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.054%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.224%, 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 ACUUSDT | 0.1209 | 0.0900 | pay 0.0450% / 4h | 1h 58m | $833K | $569K | 13x |
| Short | BingX ACU-USDT | 0.1209 | 0.0648 | get 0.0324% / 4h | 1h 58m | — | $1.3M | — |
Bybit ACUUSDT
BingX ACU-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
- −$52.94
- Price spread: +0.008% → +0.054%
- −$4.54
- Slippage, 4 orders
- −$166.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$245.11
- Costs to cover
- 1.876%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 21 min ago; BingX: live order book, 1 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, 21 min ago | 5.39 bp | 68.3 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.38 bp | 40.9 bp −$41 | 131.2 bp −$1,312 | 1017.0 bp −$101.7K | 1252.6 bp −$626.3K |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1207 | −0.149% | $221K | $277K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1208 | −0.058% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1205 | −0.323% | $557K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1207 | −0.124% | $2K | $1.1M | 20x | as long as short |
| Aster ACUUSDT | +0.0101% | 4h | 0.1208 | −0.112% | $2K | $5K | 5x | as long as short |
| BloFin ACU-USDT | +0.0255% | 4h | 0.1209 | −0.008% | $119K | $59K | 10x | as long as short |
| MEXC ACU_USDT | +0.0306% | 4h | 0.1209 | 0.000% | $13.8M | $343K | 50x | as long as short |
| Binance ACUUSDT | +0.0307% | 4h | 0.1209 | +0.011% | $2.5M | $1.3M | 10x | as long as short |
| Bitget ACUUSDT | +0.0412% | 4h | 0.1213 | +0.347% | $254K | $236K | 10x | as long as short |
| BingX ACU-USDTshort | +0.0648% | 4h | 0.1209 | +0.008% | — | $1.3M | — |
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
BloFin ACU-USDT
MEXC ACU_USDT
Binance ACUUSDT
Bitget ACUUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDTlong | +0.0900% | 4h | 0.1209 | long leg | $833K | $569K | 13x |