Funding you earn now, next payment 12:00 UTC+0.0579%/8h= +63.4% APRnext payment +$2.89 per $10,000 · paid last 24h +0.042%
Price spread now: BingX against Bybit+0.024%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
Funding, last 7 days+0.354%+$35 on $10k
+Price spread, last 4 days (all we have)−0.255%−$25 · spread now +0.024%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.041% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.354% in total (about 18.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.89 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 | Bybit 1000000BABYDOGEUSDT | 0.0000000004193 | 0.0535 | pay 0.0268% / 4h | 2h 56m | $505K | $706K | 25x |
| Short | BingX 1000000BABYDOGE-USDT | 0.0000000004194 | 0.1114 | get 0.0557% / 4h | 2h 56m | — | $1.3M | — |
Bybit 1000000BABYDOGEUSDT
BingX 1000000BABYDOGE-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
- $121.53
- Price spread: +0.024% → −0.017%
- $4.11
- Slippage, 4 orders
- −$87.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $17.41
- Costs to cover
- 1.082%
- Break-even
- 6.0 days
Slippage from Bybit: live order book, 29 min ago; BingX: live order book, 10 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, 29 min ago | 2.40 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.74 bp | 26.4 bp −$26 | 181.1 bp −$1,811 | 755.7 bp −$75.6K | 1004.0 bp −$502.0K |
BABYDOGE on 6 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 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004196 | +0.069% | $1.9M | $3.8M | 50x | as long as short |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004202 | +0.215% | $306K | $100K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004194 | +0.024% | $1.4M | $556K | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDTlong | +0.0535% | 4h | 0.0000000004193 | long leg | $505K | $706K | 25x | |
| MEXC 1000000BABYDOGE_USDT | +0.0544% | 4h | 0.0000000004197 | +0.095% | $440K | $171K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTshort | +0.1114% | 4h | 0.0000000004194 | +0.024% | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT
MEXC 1000000BABYDOGE_USDT