Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.45 per $10,000 · paid last 24h −0.049%
Price spread now: Bybit against BingX0.000%7-day average −0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3513.509% of the position
Funding, last 7 days−0.365%−$36 on $10k
+Price spread, last 7 days−0.191%−$19 · spread now 0.000%, 7d avg −0.121%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.121% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.121%. Mind the row above: over the last 7 days funding on this pair cost −0.365%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2009 | 0.0630 | pay 0.0315% / 4h | 49m 30s | — | $1.7M | — |
| Short | Bybit ARXUSDT | 0.2009 | 0.0720 | get 0.0360% / 4h | 49m 30s | $4.0M | $2.3M | 20x |
BingX ARX-USDT
Bybit ARXUSDTFunding 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
- $18.97
- Price spread: 0.000% → −0.121%
- $12.13
- Slippage, 4 orders
- −$329.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$319.76
- Costs to cover
- 3.509%
- Break-even
- 125.0 days
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 3 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, 8 min ago | 7.47 bp | 34.4 bp −$34 | 130.7 bp −$1,307 | 1144.3 bp −$114.4K | 1426.8 bp −$713.4K |
| Sell Bybit live order book, 3 min ago | 2.50 bp | 122.9 bp −$123 | 827.9 bp −$8,279 | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDT | +0.0080% | 4h | 0.2008 | −0.050% | $193K | $51K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2012 | +0.149% | $728K | $3.0M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2013 | +0.199% | $1.0M | $408K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2003 | −0.294% | $699K | $700K | 20x | as long as short |
| MEXC ARX_USDT | +0.0154% | 4h | 0.2006 | −0.149% | $858K | $402K | 20x | as long as short |
| Binance ARXUSDT | +0.0182% | 4h | 0.2007 | −0.078% | $5.4M | $11.1M | 20x | as long as short |
| Bitget ARXUSDT | +0.0206% | 4h | 0.2009 | +0.015% | $1.9M | $1.7M | 20x | as long as short |
| Aster ARXUSDT | +0.0356% | 4h | 0.2006 | −0.147% | $86K | $91K | 10x | as long as short |
| BingX ARX-USDTlong | +0.0630% | 4h | 0.2009 | long leg | — | $1.7M | — | |
| Bybit ARXUSDTshort | +0.0720% | 4h | 0.2009 | 0.000% | $4.0M | $2.3M | 20x |
BloFin ARX-USDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
MEXC ARX_USDT
Binance ARXUSDT
Bitget ARXUSDT
Aster ARXUSDT